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Ahmad Abdullahi

Central bank pegs remunerable bank deposits at N2 billion

The Central Bank of Nigeria has pegged bank deposit placement through its Standing Deposit Facility (SDF) at N2billion, saying that any amount in excess of that will not attract interest payment.

Central bank intensifies pressure on banks to lend to the economy

In a bid to further stimulate lending to the economy, the Central Bank of Nigeria, CBN, yesterday, said bank deposit placement through its Standing Deposit Facility, SDF, in excess of N2 billion will not attract interest payment.

CBN: Nigeria attracted $6 billion FDI in three months

The Central Bank of Nigeria has said the country attracted $6 billion foreign investments in the first three months of the year.

Governor Tambuwal, Dahiru’s meeting excites APC loyalists in Sokoto

Some loyalists of the All Progressives Congress (APC) in Sokoto State on Sunday expressed appreciation over peaceful moves initiated among party supporters as former Sen. Umaru Dahiru joined Gov. Aminu Tambuwal at a function.

Central bank to punish banks for forex infractions

This is even as the apex bank sustained its intervention in the various sectors of the inter-bank foreign exchange market with the injection of $545m.

Central bank to sanction erring banks over retail forex

Central Bank of Nigeria (CBN) on Monday threatened to sanction any Deposit Money Bank (DMB) which fails to comply with its directive to open teller points for retail forex transactions.

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It all started when Frodd and the other guys tried to go into the bathroom to shower but were stopped by Tacha, who didn’t want to share the bathroom with anyone.