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Central bank sanctions four banks over delay in customers’ enquiries

The Central Bank of Nigeria and Financial Reporting Council of Nigeria sanctioned four commercial banks between January and June for various infractions, it was learnt.

Central bank apologises for cashless policy inconveniences

The Central Bank of Nigeria (CBN) has apologised to bank customers for the inconveniences the reintroduced cashless policy will cause.

Central bank lists measures for anti-money laundering, combating financing of terrorism

The Central Bank of Nigeria (CBN) has warned employees of financial institutions to avoid establishing relationships with individuals or entities who may pose undue reputational risks to their organisations.

Money laundering: Banks’ brainstorm over new central bank sanction regime

The new Anti Money Laundering/Counter Financing Terrorism (AML/CFT) sanction regime announced by the Central Bank of Nigeria (CBN) has triggered a series of top management brainstorming sessions amongst banks over implications and implementation.

Godwin Emefiele: Cryptocurrency investors are gamblers

Central Bank of Nigeria (CBN) yesterday said that it would render support to Nigerians investing in cryptocurrency, describing such investment has gambling.

EFCC recovers N738.9 billion in 2 years – Ibrahim Magu

The Economic and Financial Crimes Commission (EFCC) on Wednesday in Austria said it recovered loots totalling N738.9 billion or $2.9 billion between May, 2015 and Oct. 20, 2017.

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The Federal Road Safety Corps (FRSC) on Monday said that it would clamp down on motorists with either fake or expired driver’s licence

FRSC will not condone two passengers in front seat – spokesperson

The Federal Road Safety Corps (FRSC) has restated its stand on the ban of two passengers occupying the front seat of commercial vehicles across the country.

Greece boosts border patrols as Turkey says will release refugees

Greece on Friday boosted border patrols after Turkey said it would no longer prevent refugees from going to Europe, officials said.
Pope Francis Sunday railed against atomic weapons, the nuclear deterrent and the growing arms trade, as he paid tribute to the victims of the “unspeakable horror” of the Nagasaki bomb.

Pope cancels more official appointments over cold

Pope Francis postponed his official appointments Friday and was working from home, the Vatican said, a day after cancelling a scheduled appearance at mass because of “a mild ailment”.
Luigi Di Maio said ‘jackals’ speculating on masks and disinfectant would be severely punished. Francesco Fotia-AGF-Rex-Shutterstock

Italy urges tourists not to cancel trips because of coronavirus outbreak

Italy urged tourists spooked by the new coronavirus Thursday not to stay away, but efforts to reassure the world it was managing the outbreak were overshadowed by a sharp rise in case numbers.

NGO adopts first primary school in Ilorin with N100 million development fund

A non-governmental organization in Ilorin, Kwara state, Waziri Gobir Foundation, has offered to adopt the first primary school in Ilorin Emirate, Okesuna Local Government Education Authority School A and B, Ilorin.