Business

CBN’s Withdrawal Limit Takes Effect Amid Concerns Over New Naira Notes

The cash withdrawal limits set by the Central Bank of Nigeria (CBN) become effective today, January 9, 2023 amid concerns over the slow spread and quality of three newly redesigned naira notes. The CBN had on December 6, 2022, ordered Deposit Money Banks (DMOs) and other financial institutions to ensure that weekly over-the-counter (OTC) cash […]

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Business

Lagos Communication Firm Lines-up 10 of Nigeria’s Best Technocrats to Tutor Entrepreneurs

A team of technocrats have been lined-up to tutor entrepreneurs at the first edition of the one week-long digital marketing bootcamp by Lagos-based communication and events consultancy, AT3 Resources to mark its fifth year of providing strategic public relations, events and media interventions to corporates, individuals and brands in Nigeria and across Africa. Among the […]

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Business

NFIU Blocks Cash Withdrawals From Govt Accounts Plans to Involve EFCC

The NFIU said the decision is in accord with Nigeria’s full transition into a cashless economy. The Nigerian Financial Intelligence Unit (NFIU) has banned cash withdrawal for all federal and states accounts, effective March 1, 2023. NFIU Director General, Modibo Tukur, who disclosed this to journalists at a conference in Abuja on Thursday, said the […]

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News

INEC Flags-off Media Accreditation Online, Says Feb is Deadline

The Independent National Electoral Commission (INEC) has commenced online accreditation for Journalists and media organisations wishing to cover the 2023 general election. According to the flier issued by INEC on Thursday in Abuja, interested media organisations wishing to deploy journalists to cover the election are to apply via: It stated that the portal would be […]

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Business

Ecobank Advises Customers on Rush-Hour Deposits of Old Naira Notes, Offers 8% Interest On Savings

Ecobank Nigeria has again called on its customers to approach any of its branches to deposit old naira banknotes into their accounts to avoid last minute rush, also assuring them of gaining a minimum of 8% interest on their saving. This is against the backdrop of Central Bank of Nigeria (CBN)’s January 31, 2023, deadline […]

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