The Central Bank of Nigeria, CBN, has approved a centre to conduct biometric verification for Nigerians in South Africa. According to the Nigeria`s Consul General in South Africa, Uche Ajulu-Okeke, the Central Bank of Nigeria has approved a centre to conduct biometric verification for Nigerians in South Africa.
Nigeria’s President, Muhammadu Buhari, has vowed that his administration would trace the accounts of individuals who stashed away ill-gotten oil money, freeze, recover the loot and prosecute the culprits. Buhari made this statement on the third day of his visit to the US while reacting to questions from members of Nigerians
The two series article titled, BVN Enrolment: Facts behind the extension of deadline, generated several comments and questions from readers, especially online readers. Some of the questions are directed to the Central Bank of Nigeria, while others are to the banks.
The CBN was worried about the number of Nigerians abroad not captured in the Bank Verification Number exercise. The post BVN: Central Bank sets up centre in South Africa appeared first on Premium Times Nigeria.
Nigerians in London, United Kingdom, have expressed frustration over the compulsory payment of £30 (about N10, 000) for the registration of the Bank Verification Number, as directed by the Central Bank of Nigeria. Apparently sad over their plight, some of them during the week stormed the Nigeria High Commission in
Former President of Nigeria, Goodluck Jonathan has sent former Commonwealth Secretary General, Emeka Anyaoku, to plead with President Muhammadu Buhari not to launch an official probe of his administration. Information gathered from reliable sources close to the polity, including aides of President Buhari, says former President Jonathan’s dispatch of Mr.
"It, however, appears as if the formulation of the policy has suffered from the CBN’s limited understanding of the manufacturing process." The post Lagos Manufacturers ask CBN to review forex policy appeared first on Premium Times Nigeria.
Justice Olayinka Faaji of the Federal High Court, Ibadan Division, has been told that one of the suspects in the N8bn mutilated currency fraud suit, involving staff of the Central Bank of Nigeria and other commercial banks, has been diagnosed as having a in the heart. Yakubu Ruba, who is
The Nigerian banking and finance regulator, the Central Bank of Nigeria, has revealed that the cumulative mobile money transactions in Nigeria is over $3.5 billion (NGN 700 billion) since it began in 2012, Thisday reports.
By Tayo Ogunbiyi The recently announced bail out approved by President Muhammadu Buhari for states owing workers several months of salaries will, no doubt, be a welcome development to concerned workers across the country and, indeed, many of the affected states. It should be stressed that more than a quarter
Nigerians woke up, yesterday, with the cheering news that the Federal Government has arranged a bailout for states to enable them pay salaries of workers. It was cheering because the President had earlier told states to find ways of resolving their financial crisis.
In other to promote its forex curbs, the Central Bank of Nigeria, CBN, has banned the use of Naira denomination cards overseas. According to a circular to banks posted on its website on Monday, the apex bank stated that, where a company requires a card for overseas payments, such firms
Godwin Emefiele, CBN Governor The Central Bank of Nigeria (CBN) says it will collaborate with relevant agencies to discipline anybody who is involved in foreign currency trafficking across Nigerian borders.
"The CBN notes with concern the increasing trafficking of huge sums of foreign currency across our borders." The post Nigeria Central Bank vows to punish foreign currency traffickers appeared first on Premium Times Nigeria.