Posts tagged as: Nigerian Central Bank

Central Bank Governor, Sanusi links Boko Haram actions to revenue allocation imbalance between North and South

Sanusi Lamido Sanusi

Attempts to redress historic grievances in Nigeria’s oil-rich south may inadvertently have helped create the conditions for the Islamic

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New Central bank guidelines on cash withdrawal from banks

Central Bank of Nigeria

1. Commencing from June 1, 2012, a daily cumulative limit of N150,000 and N1,000,000 on free cash withdrawals and lodgments by individual and corporate customers respectively with Deposit Money Banks (DMBs) shall be imposed. To this end, individuals and corporate organizations that make cash transactions above the limits will be charged a penal fee of N100/thousand and N200/thousand respec

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Sanusi: A new era of probity and transparency in Nigerian banks?

The new Central Bank Governor, Mallam Sanusi Lamido Sanusi may be ushering in a new era of transparency, probity and accountability into the way the Central Bank of Nigeria affairs are run considering his new no-nonsense approach since assuming office.

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