Banks in Lagos have cancelled the N100 charge on customers’ use of Automated Teller Machines (ATMs) withdrawal from other banks, the News Agency of Nigeria (NAN) reports.
NAN visit to some banks on Tuesday showed that the banks had since…
Tag Archives | CBN
Sack 50 per cent of civil servant: Reps blast Sanusi over speech !
The latest on the CBN governor over his reckless speech calling on Federal govt to sack 50 per cent of the labour force in order to save the economy from collapse came from members of Hose of Representatives.
The House…
Sack 50 per cent of civil servants now to save the economy, Sanusi to FG
Central Bank of Nigeria (CBN) governor, Mallam Sanusi Lamido Sanusi, has asked the Federal Government to sack at least 50 per cent of the entire civil servants if it must achieve anything meaningful as far as economic resuscitation is concerned…
Court gives CBN 72 hours ultimatum to declare whereabouts of N191bn forfeited by Cecilia Ibru
A Federal High Court, Lagos on Tuesday gave the Central Bank of Nigeria 72 hours to declare the whereabouts of about N191bn asset forfeited by the convicted former Managing Director of Oceanic Bank Plc (now Ecobank Plc), Mrs. Cecilia Ibru.…
We will deploy Coins dispensing ATMs – CBN
The Central Bank of Nigeria has said it will facilitate the introduction of Automated Teller Machines that can dispense coins to encourage the citizens imbibe the culture of spending them.
The Head of Shared Services, CBN, Mr. Chidi Umeano, told…
Human rights activist, Okada riders protest proposed N5,000 note
The activists from Concerned Human Rights Nigeria, Civil Societies for Good Governance, Joint Action Front, United Action for Democracy, Gani Fawehinmi Foundation, United Middle Belt Youth Congress, among others, stag a protest against the CBN proposed N5,000 note carrying a…
Northern chamber of commerce backs CBN on proposed N5,000 note
Northern States Chambers of Commerce, Industry, Mines and Agriculture CONSCCIMA, weekend threw its weight behind it.
Speaking with newsmen, Chairman of the Conference, Alhaji Ahmad Rabiu said rather than N5,000 note, it should be N10,000 or N20,000, just as he…
Incredible: Obasanjo kick against CBN proposed N5,000 note !
Former President Olusegun Obasanjo on Thursday said the introduction of the N5,000 note would kill production and affect small businesses negatively.
Obasanjo, who spoke at a roundtable advocacy forum organised by the Institute of Directors, Nigeria, in Lagos, said the…
Jonathan, Dangote, others back N5000 amid controversies !
The general masses wish may have suffered a setback in the ongoing protest against the CBN proposal of introducing a single N5000 note and N20, N10, N5 coins into the nation currency system with effect come 2013 as top government…
Proposed N5000 Note: Dino Melaye led protesters who storm CBN headquarters to protest move
Honourable Dino Melaye, a former member of Federal House of Representatives led scores of protesters to the headquarters of Central Bank of Nigeria, CBN in protest against the proposed introduction of N5000 note and coinage of N5, N10 and N20…

