Tag: central bank of NigeriaTag: <span>central bank of Nigeria</span>

Top 5 Stories Of The Day | CBN Sanctions Nine Banks Over Cash Hoard

Top 5 Stories Of The Day | CBN Sets Daily Withdrawal limit on POS to ₦100k Per Customer

CBN sets daily withdrawal limit on POS to ₦100k per customer CAC deregistered 300,000 companies in a year NBS reveals there were 52 million crimes recorded in one year Inspector…

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Top 5 Stories Of The Day | POS Operators Increase Charge Fee as Banks Reduce Cash to Customers

Top 5 Stories Of The Day | POS Operators Increase Charge Fee as Banks Reduce Cash to Customers

POS operators increase charge fee as banks reduce cash to customers Minister of Power promises the national grid will receive 150 MW of electricity before 2025 Nigeria set to receive…

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SEC Considers Licensing Cryptocurrency Firms to Support Youths

Top 5 Stories Of The Day | SEC Considers Licensing Cryptocurrency Firms to Support Youths

SEC considers licensing cryptocurrency firms to support youths Local airlines ground 42 aircraft over lack of forex CBN takes credit for the recent reduction of inflation in the country 43…

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CBN

Top 5 Stories Of The Day | Nigerians Borrow ₦3.9 trillion Loan from Banks as Economic Crisis Worsens

Nigerians borrow ₦3.9 trillion loan from banks as economic crisis worsens Organised Labour informs the President not to transmit the minimum wage bill without consulting Australian government enforces law barring…

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Top 5 Stories Of The Day | Gunmen Attack Senator Natasha Akpoti-Uduaghan’s Family House in Kogi

Top 5 Stories Of The Day | ASUU Commences Peaceful Protest Over Non-implementation of Agreement

ASUU commences peaceful protest over non-implementation of agreement CBN increases interest rate to 26.25% Kuda Bank, Moniepoint, OPay, and others will soon resume enrolling new customers Reports reveal that the…

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Top 5 Stories Of The Day | NLC Rejects ₦100k Minimum Wage Proposal

NLC rejects ₦100k minimum wage proposal Dangote promises Nigeria will no longer import fuel from June CBN, SEC, others fine GTBank, UBA, and others ₦678 million Central Bank of Nigeria…

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Top 5 Stories Of The Day | Court Supports CBN’s Order for Banks to Request for Nigerians’ Social Media Handles

Court supports CBN's order for banks to request for Nigerians' social media handles ASUU threatens ‘No Pay, No Work’ after two weeks FG debunks rumours claiming it has access to…

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CBN

Top 5 Stories Of The Day | Central Bank of Nigeria Orders Banks to Extract a 0.5% Cybersecurity Levy on All Transactions

Central Bank of Nigeria orders banks to extract a 0.5% cybersecurity levy on all transactions NERC orders DisCos to reduce Band A tariff price Naira depreciates in black market but…

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Suspended CBN Governor Godwin Emefiele Now Confirmed to be in DSS Custody

In a stunning turn of events, the Department of State Services (DSS) has officially confirmed that the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is currently…

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Naira Redesign was to boost the economy, not to cause hardship – Buhari

President Muhammadu Buhari has apologized to Nigerians for the re-design of the naira, stating that the move was not intended to bring hardship. Governor of the Central Bank of Nigeria…

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CBN orders banks to pay new naira notes over the counter — N20k maximum

The Central Bank of Nigeria (CBN) has instructed commercial banks to begin providing the redesigned naira notes to customers over the counter. In a statement released on Thursday, the Central…

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Naira falls to N710 to the dollar

The naira has further depreciated in the black market and is now trading for N710 to the dollar on the Aboki Forex exchange website. According to reports on Wednesday, the…

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FG abandons Twitter for Koo, CBN to launch its own cryptocurrency | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the top stories you should not miss. FG declares Monday public holiday In commemoration of this year's Democracy Day,…

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#Kebbi88: Atiku decries increasing killings, Experts condemn low power generation despite interventions | 5 Things That Should Matter Today

Across the 36 states of the federation and the FCT, these are the 5 top stories you shouldn't miss out on:INEC to publish comprehensive list of new polling units The…

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Nigeria Immigration introduces new visa fees, Ikeja Electric suspends increased electricity tariff | 5 Things That Should Matter Today

The Nigeria Immigration Service (NIS), has introduced new visa fees for all countries which takes effect from the 1st of October 2020. Comptroller General of Immigration, Muhammad Babandede announced that…

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Subsidising the Naira blocks; Nigeria’s economic takeoff

The naira should be floated to find its exchange rate value on the market if Nigeria’s economy is to become productive, instead of relying on oil revenues, a dependency that…

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Access Bank wraps up the year with more wins at the CBN Sustainability Awards

For more than two years, Access Bank has proven to be way more than just a financial institution, with practical and industry-defining roles in socio-economic policies and operations that have…

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BREAKING: CBN revokes Skye bank license, announces new owner

The Central Bank of Nigeria (CBN) has revoked the operating licence of Skye Bank Plc, with immediate effect, following its (CBN) decision to pause injection of funds processes in the…

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The Big 5: Jonathan accuses Buhari’s government of “lies and propaganda,” Senate to investigate Buhari’s approval of Paris Club refund, and other top stories

Good morning. Here are the top 5 stories you should be monitoring today: Former President Goodluck Ebele Jonathan, in a scathing remark, has accused the incumbent party, All Progressive Congress…

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[The Activism Blog] HURIWA condemns harassment of Aisha Ahmad over non-conservative dressing

Following the ceaseless criticisms trailing the appointment of Mrs Aisha Ahmad as the deputy-governor nominee of the Central Bank of Nigeria, the Human Rights Writers Association of Nigeria (HURIWA) has…

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We should not celebrate Nigeria’s exit from recession yet – Okonkwo

The Managing Director/Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo has asked Nigerians not to celebrate the exit of the recession announced by the National Bureau of Statistics (NBS),…

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There’s a likelihood recession ended in June – Yemi Kale

The statistician general of the federation, Yemi Kale, says there’s a likelihood that the economic recession in Nigeria ended in the second quarter of 2017. In an interview with Bloomberg,…

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Mutilation of naira notes unacceptable – CBN

The Central Bank of Nigeria has said the mutilation of Naira notes represents an abuse on national sovereignty. CBN’s acting Director of Corporate Communications, Isaac Okorafor said this on Wednesday…

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Etisalat Nigeria resolves $1.2bn indebtedness with banks

The Nigerian Communications Commission (NCC) says Etisalat Nigeria and its creditors have successfully reached a resolution to the $1.2 billion loan. The Director, Public Affairs of the NCC, Tony Ojobo…

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CBN to intervene in Etisalat’s debt crisis

by Azeez Adeniyi The Nigeria Communication Commission on Thursday said the Commission and Central Bank of Nigeria (CBN) will intervene in the Etisalat loan issue. Director of Public Affairs of…

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The Big 10: These are the stories that drove conversations this week

These are the top 10 stories that drove conversations this week. Obasanjo said his generation may have failed Nigerians Former President Olusegun Obasanjo has said his generation may have failed…

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UPDATE: Female suicide bomber attacks NNPC depot in Maiduguri

by Azeez Adeniyi An explosion has occurred at a NNPC depot in Maiduguri after a female suicide bomber attacked in the early hours of Friday. It was learnt that the…

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Why naira is appreciating – CBN

by Azeez Adeniyi The Central Bank of Nigeria (CBN) has said the recent appreciation of the naira against other currencies was due to intelligent work. Acting director, corporate communications, Isaac…

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The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. CBN releases additional $180m into forex market The Central Bank of Nigeria (CBN) on Monday released additional $180m in order…

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