BANKS NOT HOARDING NEW NAIRA NOTES, NORMALCY RETURNING SOON - ACAMB
PRESS STATEMENT BY THE ASSOCIATION OF CORPORATE AFFAIRS MANAGERS OF BANKS (ACAMB) ON NEW NAIRA NOTES BANKS NOT HOARDING NEW NAIRA NOTES, NORMALCY RETURNING SOON - ACAMB
New Notes Distribution At Ado-Ekiti Branch
New Notes Distribution At Ado-Ekiti Branch We would like to formally state the facts surrounding our branch in Ado Ekiti. The Naira notes referenced were received prior to the re-configuration of the branch’s Automated Teller Machines (ATMs) to dispense the 200 Naira denomination. On January 23, 2023, a regulatory official visited our branch in Ado-Ekiti and the vault contained N 6,000,000 in N 200 denominations. During the visit, the official observed that we had ran out of N1,000 and N500 notes on that day and were unable to load the N20…
Breaking: Northern Body Tackles Atiku Over Comment On Naira Policy, Opposing Sultan
Breaking: Northern Body Tackles Atiku Over Comment On Naira Policy, Opposing Sultan The Arewa Youth Consultative Forum (AYCF) on Saturday came hard on the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, over his comment urging the Central Bank of Nigeria (CBN) not to grant further extension of its Naira swap policy deadline beyond the 10 days announced by the bank. The AYCF declared that Atiku was on his own for recently opposing the opinions of the Sultan of Sokoto, Alhaji Sa'ad Abubakar, and the National…
New Naira Notes Crisis: ICPC Arrests FCMB, Stanbic IBTC Managers For Hoarding
New Naira Notes Crisis: ICPC Arrests FCMB, Stanbic IBTC Managers For Hoarding The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested the manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State and the branch service head of Stanbic IBTC Bank in Deidei, Abuja, for hoarding the new naira notes. While the FCMB manager allegedly prevented the Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers, the Stanbic IBTC manager was areested for refusing to upload…
NADECO Loses Dan Suleiman
NADECO Loses Dan Suleiman The National Democratic Coalition (NADECO ) yesterday formally announced the painful and most unexpected death of one of its founders and titans, Commodore Dan Suleiman (rtd). NADECO in a statement said they were formally informed by the current President of the Middle Belt Forum (MBF), Dr. Bitrus Porgu, that their consistently courageous, nationalistic, genuinely patriotic Dan, passed on to eternity by noon yesterday. NADECO said: “Our indefatigable leader, Dan was born in Guyuk, now in Adamawa State, in 1…
IFC Partners Nigeria’s Union Bank to Support Trade, SMEs
IFC Partners Nigeria’s Union Bank to Support Trade, SMEs L-R: Babatunde Obaniyi, Business Lead, Financial Institutions Group, Anglophone West & Central Africa, IFC; Gokhan Kont, New Business Manager, Financial Institutions Group, Nigeria, Eastern & Southern Africa, IFC; Mudassir Amray MD/CEO, Union Bank; Aliou Maiga, Regional Industry Director, Financial Institutions Group in Africa, IFC; Nneamaka Obiekwe, Relationship Manager, Treasury, Union Bank; and Joe Mbulu, Chief Financial Officer, Union Bank, during a recent working capital …
"Educating Every Nigerian Child Our Priority – Stanbic IBTC Trustees"
" Educating Every Nigerian Child Our Priority – Stanbic IBTC Trustees" Stanbic IBTC Trustees Limited, through the Stanbic IBTC Education Trust (SET), has made assisting Nigerian parents and guardians secure their children and ward’s academic future one of her top priorities. SET is a flexible and easy investment plan with long-term benefits that support parents and guardians striving to provide quality education for their children and wards. With SET, parents and guardians can ensure the payment of their children and wards scho…
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