The Central Bank of Nigeria has said the planned implementation of its cash-less policy outside Lagos State in stages may be delayed further. The CBN Deputy Governor in charge of operations, Dr. Tunde Lemo, said this during a seminar, titled, ‘Embracing Federal Government’s Financial Sector Reforms for the Rapid Transformation […]
Tag: Tunde Lemo
N5,000 bill will complement cash-less policy –CBN
The Central Bank of Nigeria on Monday defended the introduction of the N5,000 note, and argued that the new bill would complement the cash-less policy and reduce the cost of banking operations in the country. The apex bank also said the N5,000 note would put the country ahead of currency […]
Nationalisation of PHB, Spring, Afribank fraudulent – Reps panel
The House of Representatives Ad-Hoc Committee on the Near-Collapse of the Capital Market, has said that the nationalisation of Afribank Plc, Bank PHB and Spring Bank by the regulatory authorities was fraudulent. The committee listed Sanusi and Oteh among other officials to be investigated by the Economic and Financial Crimes […]
