GOVERNOR, Central Bank of Nigeria, Mr. Lamido Sanusi, said in Tokyo on Sunday that the bank would soon stop selling cash to bureaux de change. He said, “Seventy per cent of the dollars that people buy from bureaux de change are not for transactions outside Nigeria. They move dollars from […]
World News
CBN to release guidelines for banking crisis resolution
The Central Bank of Nigeria has said it will take practical steps to prevent another crisis in the banking sector. It has, therefore, announced plan to release a comprehensive framework for the resolution of banking crisis. The Deputy Governor, Financial Systems Stability, CBN, Mr. Kingsley Moghalu, said at a forum […]
UBA Gives Out Free Debit MasterCard in New Promo
Press Release Lagos; 09-10-2012: Spurred by the commitment to drive the Cashless initiative and provide value added services to customers, United Bank for Africa (UBA) Plc is introducing Free UBA Debit MasterCard to the first 100,000 new UBA debit card customers. The free debit cards are being doled out to […]

