The corpse of Oreoluwa Fatinoye, son of the couple who were allegedly killed by assassins in Abeokuta on new year’s day, has been recovered from Ogun river. Newsmen reports that the deceased was reportedly thrown into a river on Adigbe-…
The Senate has urged the Central Bank of Nigeria (CBN) to urgently extend the withdrawal date of old currency notes from Jan. 31, 2023 to June 31. The upper chamber’s resolution was sequel to a point of order raised by…
…As NASS passes 2023 Appropriation Bill, raises budget by N1.31trn …Works & infrastructure, Defence, Education, Health get lion share …Senate approves Buhari’s N819.5bn Supplementary Budget request for 2022 The review of the structure for the payment of N23.7 trillion loans…
By Idris Bakare Against the backdrop of the recent restrictive measures of the Central Bank of Nigeria (CBN), Stransact, Nigeria’s correspondent firm for the sixth largest international accounting firm, RSM, has cautioned against excessive regulation of the volume of cash…
The Senate has urged the Central Bank of Nigeria (CBN) to urgently extend the withdrawal date of old currency notes from Jan. 31, 2023 to June 31. The upper chamber’s resolution was sequel to a point of order raised by…
At least 6,047 Bank Verification Numbers of bank customers have been placed under the Central Bank of Nigeria watch list for fraudulent transactions. This was contained in the CBN Financial Stability June 2022 report published in December 2022. The report…
The Arewa Youth Consultative Forum, AYCF, has said the Central Bank of Nigeria’s new monetary policy would favour the masses. AYCF National President, Yerima Shettima, said the monetary policy would reduce inflation. Speaking with Newsmen, Shettima said AYCF would help…
The Central Bank of Nigeria (CBN) says its policy of cash withdrawal limit is not based on politics, contrary to insinuations. The Deputy Governor, CBN, Mrs Aisha Ahmad said this in Abuja on Thursday when she answered questions from lawmakers…
…Approved N5m withdrawal limit for corporate account By Seun Ibiyemi The Central Bank of Nigeria (CBN) has announced an upward review of cash withdrawal limits to N500,000 and N5 million for individuals and corporate accounts respectively. The apex bank also…
By Idris Bakare The Central Bank of Nigeria (CBN) has been advised to withdraw from further deployment of monetary policy tightening as a tool to check the inflationary pressure. The Managing Director, Centre for the Promotion of Private Enterprise (CPPE)…
