Tag: CBN

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January 17, 2013

Capitalization: CBN revokes licences of 236 Bureau de Change operators

by Emmanuel Okubenji The Central Bank of Nigeria (CBN) has revoked the operating licences of 236 Bureau de Change (BDCs) ...

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January 12, 2013

Polymer notes scam: Soludo gets bail, passports seized; “No, I was invited, not arrested,” he claims

by Isi Esene The former governor of the Central Bank of Nigeria, Prof. Charles Chukwuma Soludo, who was on Thursday ...

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January 11, 2013

Charles Soludo, others grilled by the EFCC over currency scam, to face prosecution soon

by Isi Esene The former governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo was yesterday night picked ...

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January 9, 2013

Why fuel subsidy account is empty – Okonjo-Iweala

The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Tuesday confirmed The PUNCH’s story that the Federal Government’s subsidy account with ...

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January 8, 2013

Fuel subsidy: Major fuel crisis imminent as FG’s ‘cheques bounce’ at CBN

by Isi Esene Another storm might be brewing with regards fuel subsidy payment to oil marketers as most of them ...

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January 7, 2013

Game on: Reps set to remove CBN’s supervisory role

by Emmanuel Okubenji The House of Representatives has initiated steps to curtail the bank supervisory roles of the Central Bank ...

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January 7, 2013

Clipping the governor’s wings? Reps may remove Central Bank’s supervisory role

by Emmanuel Okubenji The House of Representatives has initiated steps to curtail the bank supervisory roles of the Central Bank ...

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December 14, 2012

Ugodre talks Figures: Deposit vs lending rates in Nigeria… banks keep cheating

by Ugodre Obi-Cukwu When it comes to banking in Nigeria, there is no such thing as a fair bargain for ...

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December 12, 2012

Ugodre Talks Figures: How Nigeria spent the N5.57tr it earned in the first half of 2012

by Ugodre Social and community services accounted for 15.3 per cent of the total but declined by 27.8 per cent ...

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December 10, 2012

Banks to stop N100 ATM charge from December 17

The Central Bank of Nigeria has said that customers of deposit money banks will no longer pay N100 on withdrawals ...

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December 2, 2012

Simon Kolawole: Beyond sacking civil servants

…we cannot be building a new Presidential Banquet Hall at over N2 billion and be complaining about “no money”. A ...

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December 1, 2012

“Sacking me won’t change anything” – Sanusi fires back at critics (WATCH)

by Akan Ido The bickering generated over the comments attributed to the governor of the Central Bank of Nigeria (CBN) ...

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November 30, 2012

Remove the log from the CBN first: Reps ‘caution’ Sanusi over his utterances

by Akan Ido The House of Representatives has accused the governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, ...

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November 28, 2012

“Stop irresponsible spending” – Sanusi tells FG to sack 50 per cent of civil servants, remove fuel subsidy

by Isi Esene Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria (CBN), yesterday called on the Federal Government ...

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November 21, 2012

Former bank manager goes on hunger-strike over unpaid terminal benefits

by Isi Esene Olubiyi Odunaro, a 53-year-old former employee of Hallmark Bank has gone on hunger-strike demanding the payment of ...

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November 8, 2012

Safety concerns: House of Reps to investigate Aero Contractors

by Isi Esene The House of Representatives yesterday mandated its committee on aviation to look into the operations of Aero ...

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October 3, 2012

Show us the money: Court gives CBN 72hrs to account for Cecilia Ibru’s assets

by Isi Esene Justice Mohammed Idris of the Lagos Federal High Court yesterday ordered the Central Bank of Nigeria (CBN) ...

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September 29, 2012

Rejoinder to Sanusi piece: “Reading Dele Momodu is like watching a poor quality film”

by Godwin Opene Editors Note: In response to Dele Momodu’s piece last week on ‘The bully called Sanusi’, the writer ...

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September 26, 2012

$15m Ibori bribe: “Return money to Delta State, sack EFCC boss” – Edwin Clark weighs in

by Isi Esene The self-styled godfather to the president, Chief Edwin Clark has called for the removal of the chairman ...

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September 25, 2012

We did not take over management of Aero Contractors – AMCON

by Isi Esene There are conflicting signals coming from the Central Bank of Nigeria and the Assets Management Company of ...

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September 22, 2012

Loudmouth: Senate summons Maku over ’embarrassing comments’

by Reuben Daba Whatever the National Assembly members had during their two months recess, it surely brought out the radical ...

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September 21, 2012

It’s Sanusi again: CBN pledges support for Super Eagles

by Stanley Azuakola The Central Bank of Nigeria (CBN) under the leadership of Sanusi Lamido Sanusi has become one of ...

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September 21, 2012

Jonathan orders immediate stop to the planned N5,000 note, CBN bows

by Isi Esene Special adviser to the president on media and publicity, Reuben Abati on Thursday disclosed to newsmen that ...

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September 18, 2012

House of Representatives says NO to N5,000 note, Oteh’s reinstatement

by Stanley Azuakola The National Assembly has returned from its two months rest. And just in case Nigerians did not ...

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September 17, 2012

‘By fire, by force’: CBN introduces coins dispensing ATMs

by Akan Ido In what looks like a frantic bid to encourage the use of coins, the Central Bank of ...

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September 13, 2012

“We were held ransom by polymer note printers” – CBN spokesman (and other stories)

by Isi Esene The Central Bank of Nigeria (CBN), through it Deputy Governor, Operations, Tunde Lemo, today revealed that one ...

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September 13, 2012

Opinion: Soludo’s solution to restructure naira

by Vincent Bamigboye A NATION’S currency is one of its most powerful symbols. Leaders will go and leaders will come ...

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September 12, 2012

Sanusi defends N5,000 note policy, calls Obasanjo a ‘bad economist’

by Isi Esene The governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, yesterday stood in defence of ...

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September 11, 2012

Activists stage coffin-carrying march against CBN’s planned N5000

by Isi Esene In a new twist to the 5000 note saga, activists from the Concerned Human Rights Nigeria (CHRN), ...

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September 10, 2012

Ijeoma Nwogwugwu: The battered Nigerian naira and ‘project cure’

  If the aim of the central bank is to discourage big ticket or high value cash transactions, then there ...

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