Ogun gov meets CBN, bankers committee to end naira scarcity
Ogun gov meets CBN, bankers committee to end naira scarcity The Governor of Ogun State, Dapo Abiodun, on Monday, visited the Abeokuta branch of the Central Bank of Nigeria to explore possible collaboration to ease the distribution challenge in the amount of money residents of the state could withdraw for transactions made in commercial banks. To ensure that no commercial bank in the state stashed away the new naira notes, the governor disclosed that members of his executive council would be monitoring the cash distribution to banks. During a …
Wrongful Use of Image by EFCC, GTBank Set Records Straight
Wrongful Use of Image by EFCC, GTBank Set Records Straight The management of Guarantee Trust Bank Ltd. has alerted its customers and the Nigerian banking public to a wrongful use of the image of one of its branches by the Economic and Financial Crimes Commission while posting the report of an official of an unnamed bank who was arrested for hoarding the New Naira notes in Abija. According to a statement signed by the bank’s head of Corporate Communications, Tolulope Onipede, “We refer to the attached image of a GTBank branch in Abuja used…
BANKS NOT HOARDING NEW NAIRA NOTES, NORMALCY RETURNING SOON - ACAMB
PRESS STATEMENT BY THE ASSOCIATION OF CORPORATE AFFAIRS MANAGERS OF BANKS (ACAMB) ON NEW NAIRA NOTES BANKS NOT HOARDING NEW NAIRA NOTES, NORMALCY RETURNING SOON - ACAMB
New Notes Distribution At Ado-Ekiti Branch
New Notes Distribution At Ado-Ekiti Branch We would like to formally state the facts surrounding our branch in Ado Ekiti. The Naira notes referenced were received prior to the re-configuration of the branch’s Automated Teller Machines (ATMs) to dispense the 200 Naira denomination. On January 23, 2023, a regulatory official visited our branch in Ado-Ekiti and the vault contained N 6,000,000 in N 200 denominations. During the visit, the official observed that we had ran out of N1,000 and N500 notes on that day and were unable to load the N20…
Breaking: Northern Body Tackles Atiku Over Comment On Naira Policy, Opposing Sultan
Breaking: Northern Body Tackles Atiku Over Comment On Naira Policy, Opposing Sultan The Arewa Youth Consultative Forum (AYCF) on Saturday came hard on the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, over his comment urging the Central Bank of Nigeria (CBN) not to grant further extension of its Naira swap policy deadline beyond the 10 days announced by the bank. The AYCF declared that Atiku was on his own for recently opposing the opinions of the Sultan of Sokoto, Alhaji Sa'ad Abubakar, and the National…
New Naira Notes Crisis: ICPC Arrests FCMB, Stanbic IBTC Managers For Hoarding
New Naira Notes Crisis: ICPC Arrests FCMB, Stanbic IBTC Managers For Hoarding The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested the manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State and the branch service head of Stanbic IBTC Bank in Deidei, Abuja, for hoarding the new naira notes. While the FCMB manager allegedly prevented the Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers, the Stanbic IBTC manager was areested for refusing to upload…
NADECO Loses Dan Suleiman
NADECO Loses Dan Suleiman The National Democratic Coalition (NADECO ) yesterday formally announced the painful and most unexpected death of one of its founders and titans, Commodore Dan Suleiman (rtd). NADECO in a statement said they were formally informed by the current President of the Middle Belt Forum (MBF), Dr. Bitrus Porgu, that their consistently courageous, nationalistic, genuinely patriotic Dan, passed on to eternity by noon yesterday. NADECO said: “Our indefatigable leader, Dan was born in Guyuk, now in Adamawa State, in 1…
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