The Central Bank of Nigeria and the Bankers Committee on Tuesday�sealed a biometric solution pact with a German Firm, Dermalog, for the development of a payment system that would be driven by fingerprints. What this means is unlike the current practice where different instruments are used as means of�identification, bank ...
Read More »See Peter of Psquare giving lecture on Entrepreneurship at CBN (PHOTOS)
Peter Okoye was invited to Calabar on Thursday October 10th to give a special lecture at the Central Bank of Nigeria seminar for new recruits. He was invited to motivate the new employees, and also share the success story of P-Square and how they manage their finances.
Read More »CBN reacts to Premium Times report on Sanusi’s sexapades
Premium times reported on the sexcapades of CBN governor with a married woman. CBN has reacted to the allegations. Find it below… � 3rd�June, 2013 The Ag. Managing Editor, Premium Times� Our attention has been drawn to the libelous story posted on your website on 2nd�June, 2013, on the Governor ...
Read More »CBN to change all polymer notes back to paper
The Central Bank of Nigeria has stopped the printing of small denomination naira notes in polymer because they fade quickly. The Deputy Governor, CBN, Mr. Tunde Lemo, disclosed this in an interview with the News Agency of Nigeria on Sunday in Washington on the sidelines of the ongoing Spring Meeting ...
Read More »CBN Cancels N100 Monthly ATM Maintenance Fee After Public Outcry
The Central Bank of Nigeria on Thursday announced the cancellation of the N100 monthly Automatic Teller Machine card maintenance fee introduced by some banks recently and which generated public condemnation. The CBN in a circular titled, ‘Revised guide to bank charges,’ posted on its website, however, pegged the maintenance fee ...
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