The instruction which was issued on Monday came with an immediate effect, triggering mixed reactions from the customers of the affected companies and the the general public.
This development she noted “aligns with Governor Olayemi Cardoso’s recent pronouncements following the Monetary Policy Committee (MPC) meeting on March 26th, 2024.”
The fine is a direct response to what the Nigerian authorities describe as Binance’s unauthorized financial activities within the country, which they believe have significantly contributed to the recent devaluation of the Naira.
The Special Investigator, appointed by the President, has requested that the accused be placed on INTERPOL red notice.
“All these Lagos boys who are thinking that Lagos is Nigeria are just misinforming and advising the President wrongly,” the senator said.
“All these Lagos boys who are thinking that Lagos is Nigeria are just misinforming and advising the President wrongly,” the senator said.
The report, titled, “Nigerian banks: On the cusp of a new dawn”, based the projection on the prospects of the CBN returning to the dollar ratios of capital bases-to-GDP set in 2005.
After months in the custody of the secret police, Emefiele was transferred to the EFCC, which arraigned him in court and he was granted bail before the fresh ordeal befell him.
It would be recalled that Emefiele had been in the custody of the Department of State Services since June after President Bola Tinubu suspended him from office.
Besides, he contended that the allegation of unlawful detention is unfounded as the embattled CBN boss is being detained on the order of an FCT Chief Magistrate Court.
Falana, on Sunday, counseled the secret police not to mess up the case involving the suspended CBN Boss by prosecuting him for alleged money laundering and economic crimes which fall under the purview of the EFCC, but…
In his reaction, the lawmaker commended Tinubu for Emefiele’s suspension and Shonubi’s appointment.
This was made known via the agency’s Twitter handle on Saturday, June 10, 2023.
This was as the Director of Information announced his suspension in the Office of the Secretary to the Government of the Federation OSGF (OSGF), Willie Bassey.
The Director of Information announced his suspension in the Office of the Secretary to the Government of the Federation OSGF (OSGF), Willie Bassey.
The apex bank debunked the report through a press statement signed by its Director, Corporate Communications, Isa Abdul Mumin on Thursday.
The amendment was done at an emergency session held by the lawmakers on Sunday.
This is contained in the recently released exposure draft of guidelines on the Management of Dormant Accounts, Unclaimed Balances, and Other Financial Assets in Banks and Other Financial Institutions In Nigeria.
“It does not make sense for President Buhari’s spokesperson to make excuses for the President, saying he did not direct the Central Bank Governor or the Attorney General of the Federation to disobey Court Orders.”
In an open letter published this afternoon, he released telephone numbers through which residents can report offending banks.
![BREAKING: [Emergency Session] Reps Amend CBN Act, Raise Lending Limit To 15%](https://i0.wp.com/deeruditecommunications.com/wp-content/uploads/2023/05/Screenshot_20230528-150813.png?resize=534%2C360&ssl=1)
