Home Posts tagged Central Bank of Nigeria

New naira: No bank will collapse – CIBN

The Chartered Institute of Bankers of Nigeria has reiterated the statement of the Central Bank of Nigeria reassuring Nigerians that the banking sector in the country remains very sound and safe. The institute spoke through its President, Ken Okpara. CIBN disclosed the soundness of the banking industry has been reaffirmed severally by the Central Bank […]Continue Reading

Nigerians React to New CBN Monetary Policy

Reactions have continued to trail the new monetary policy of the Central Bank of Nigeria limiting over-the-counter cash withdrawals to 100 thousand naira per week.  The policy according to CBN takes effect nationwide on January 9, 2023. The issue has generated divergent opinions as some residents of Ibadan expressed their concerns. A POS operator, Miss Tobi […]Continue Reading

Agricultural sector can take care of Nigeria’s needs if properly harnessed – Expert

Key players in the agricultural sector have identified the need for more Nigerians, especially the youths to tap into the lucrative prospect of the sector’s value chain in their bid to boost wealth creation. They made the submission as discussants at an Agro-allied exhibition, organized in Abeokuta by the Ogun State Ministry of Agriculture as […]Continue Reading

Kazeeem Olatunde Akintunde Passes On

The death has been announced of Mr Kazeem Olatunde Akintunde of the Central Bank of Nigeria, CBN, Abeokuta. Mr Akintunde died during a brief illness. According to a family source, he would be buried on Wednesday 26th of May, 2021 by 2pm in line with Islamic rites at No 10 Mobolaji Quarters, Irepodun Estate, Ajanla, off […]Continue Reading

INEC Distributes Election Materials in Ondo

Sensitive materials for tomorrow’s governorship election in Ondo state have been distributed to the eighteen local government areas in readiness for the election. The distribution was done at the Central Bank of Nigeria Office in Akure, the state capital under strict surveillance of security personnel, INEC officials and party agents The Director, electoral operations, Continue Reading

Ondo 2020: INEC Solicits Obas’ Support, Says Sensitive Materials in CBN

Seeking the support of Ondo State traditional rulers towards the maintenance of peace by the relevant authorities has become imperative particularly now that the state is set for governorship election comes October 10th, 2020.  Chairman, Independence National Electoral Commission, INEC, Professor Mammud Yakubu made the remark while addressing Ondo State obas during an Continue Reading

EFCC Declares Ex-CBN Staff Wanted

The Economic and Financial Crimes Commission, EFCC, has declared a former staff of a commercial Bank, Mayowa Onabanjo wanted for his involvement in the over twelve-billion-Naira scam at the Ibadan Branch of Central Bank of Nigeria, CBN. A statement from Director of Public Affairs, EFCC Ibadan Zone Mr. Jide Jegede says the suspect who had […]Continue Reading