Tag: BILLS

Q2 Report: CBN Sells N3.75tr Bills, As Currency-In-Circulation Drops 5.6%

Filed in Business by on September 11, 2013 0 Comments
Q2 Report: CBN Sells N3.75tr Bills, As Currency-In-Circulation Drops 5.6%

The Central Bank of Nigeria (CBN), at the weekend said it sold a total of N3.752 trillion in treasury bills at the primary market segment between April and June, down from the N4.703 trillion that was “offered, subscribed to and allotted in the preceding quarter comprising 91, 182 and 364-day bills. According to the CBN […]

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Stakeholders Support Financial Ombudsman, IFC Bills

Filed in Business by on July 30, 2013 0 Comments
Stakeholders Support Financial Ombudsman, IFC Bills

The Nigerian International Financial Centre (IFC) bill as well as the Office of the Nigerian Financial Ombudsman bill were said to have received support from stakeholders at a recent public hearing conducted by the Senate Committee on Banking, insurance and Other Financial Institutions and the Committee on Judiciary. Speaking at the public hearing, a statement […]

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Cashless: CBN Seeks Quick Passage Of e-Payment Bills

Filed in Business by on June 13, 2013 0 Comments
Cashless: CBN Seeks Quick Passage Of e-Payment Bills

The Central Bank of Nigeria has called on the National Assembly to pass into law the two electronic payment bills currently before them, saying delay in the passage is inimical to the progress of the cashless economy scheme. The two bills presently before the lawmakers are the Payment System Management Bill and the Financial System […]

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BANKS NOW REJECT DOLLAR BILLS PRINTED BEFORE 2006

Filed in General by on January 10, 2013 0 Comments
BANKS NOW REJECT DOLLAR BILLS PRINTED BEFORE 2006

Banks Now Reject Dollar Bills Printed Before 2006 Thu, 10/01/2013 – 12:41am | ISAAC AIMURIE and NSE ANTHONY-UKO Nigerians who have had cause to make foreign transactions with banks in the country have been going through very tough times with the banks, as the financial institutions now refuse to accept dollar bills printed earlier than […]

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SEND INSTANT BILLS TO CALLERS, NCC ORDERS OPERATORS

Filed in Business by on November 1, 2012 0 Comments
SEND INSTANT BILLS TO CALLERS, NCC ORDERS OPERATORS

Send instant bills to callers, NCC orders operators November 1, 2012 by Agency Reporter Executive Vice-Chairman, Nigerian Communications Commission, Dr. Eugene Juwah In a move aimed at curbing subscriber complaints over billing irregularities, the Nigerian Communications Commission has mandated all telecoms operators to provide free instant Short Message Service to all phone users detailing the […]

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