BANKS IN TROUBLE, BESIEGE CBN FOR LOANS AS CASH FLOW PROBLEMS CONTINUE

Urowayino Jeremiah CBN Interbank money market liquidity falls 95% Naira depreciates to N459/$ in parallel market By Babajide Komolafe The interbank money market has been gripped with intense scarcity of…

CBN GIVES BANKS 2 WEEKS TO CLEAR BACKLOG OF TRANSACTIONS

¬†Uche Usim, Abuja To deepen its cashless policy, the Central Bank of Nigeria (CBN) has directed all banks to resolve backlog of all ATM, POS and Web customer refunds within…

CBN ORDERS BANKS TO DISINFECT THEIR OFFICES OVER CORONAVIRUS PANDEMIC

Nike Popoola As the Federal Government, through the Federal Ministry of Health and the Nigeria Centre for Disease Control intensifies effort to check the spread of the coronavirus pandemic in…

PRIVATE JETS BELONGING TO LOAN DEFAULTERS WOULD BE SEIZED SAYS EMEFIELE

Central Bank of Nigeria Governor, Godwin Emefiele, has said the private jets belonging to loan defaulters would be seized. Emefiele, who spoke on Saturday during a visit to the Dangote…