The Bankers’ Committee Sunday said the decision earlier reached to suspend all charges accruing from the use of Automated Teller Machines (ATMs) of other banks would be implemented from Monday, December 17. Governor of the Central Bank of Nigeria (CBN) and Chairman of the Bankers’ Committee, Mallam Sanusi Lamido Sanusi, revealed this while addressing journalists
The House of Representatives on Saturday said it was shocked to hear that N2.1bn of newly printed N1,000 notes was missing at the Nigeria Security Printing and Minting Company. Last week, the Central Bank of Nigeria Governor, Lamido Sanusi, launched an investigation to ascertain the quantity of money missing at the NSPMC and reportedly asked
by crossriverwatch admin The Security Adviser to Governor Liyel Imoke of Cross River State Mr. Rekpene Bassey has said that the security of Cross Riverians is the foundation of the future hope of liberty, backbone of the collective commomwealth and prosperity of the State in decades to come. Bassey stated this in Calabar at the
by crossriverwatch admin Plans are on the way for all hotels in Cross River State to mount Close Circuit Television, CCTV to monitor the activities of people especially during the Calabar festival which attracts an influx of people from different parts of the world. This plan was disclosed during a meeting organized by the Cross
The Central Bank of Nigeria has said it will issue the draft framework of agency banking in December in a bid to increase the growth of financial inclusion. The CBN Governor, Mr. Lamido Sanusi, stated this on Thursday, at the EfINA workshop. He said, “We are working on a number of things. For example, the
A new survey has revealed that 56.3 million adults, representing 64.1 per cent of the adult population, do not have bank accounts. The survey carried out by Enhancing Financial Innovation and Access, an independent financial sector development organisation, showed that only 28.6 million people, representing 32.5 per cent of adult population have bank accounts. The
European Union leaders failed to reach agreement on Friday on a new seven-year budget for their troubled bloc, calling off talks in less than two days after most countries rejected deeper spending cuts demanded by Britain and its allies. European Council President Herman Van Rompuy decided to end a summit on the 2014-2020 EU budget,
Prince of Blackwater heads to Africa Erik Prince, who made a fortune in Iraq thanks to his politically connected and controversial Blackwater military contractor, is leading a group of Chinese investors on a hunt for natural resources and investment opportunities in Africa. Erik Prince, the man who founded Blackwater, the private military contractor that became