CBN

The Buhari Media Organisation gave this admonition in its reaction to the Senate resolution on the fine imposed on telecommunications company, MTN.

The NDE Director-General, Dr Nasiru Ladan-Argungu, made this known at the orientation of 450 trainees of four schemes of the agency in Nasarawa State on Wednesday.

Managing Director of the Corporation, Alhaji Umaru Ibrahim, disclosed this in Benin City on Tuesday at the opening of a workshop for financial journalists organised by the NDIC.

According to him, the Central Bank of Nigeria has not issued any Letter of Credit for importation of rice in 2018.

The state Commissioner of Police, Johnson Kokumo, disclosed this on Friday in Benin while briefing newsmen on the command’s enforcement of the presidential order prohibiting illicit sale of the Nigerian legal tender.

He made this known at a remittance household surveys workshop jointly organised by the CBN and the African Institute for Remittances on Tuesday in Abuja.

Alhaji Aminu Gwadabe, President, ABCON, told the News Agency of Nigeria on Sunday in Lagos that the difficulty would arise because the business of BDCs was largely driven by trust and personality of operators.

The Naira on Friday remained stable at the parallel market in Lagos, exchanging at N360.5 to the dollar.

Justice Saliu Saidu also adjourned till November 8, hearing in a case of $2.0 billion tax non-payment made against MTN Nigeria by the Attorney-General of the Federation.

The Director-General of BPE, Dr Alex Okoh, disclosed this on Monday in Lagos at the Stakeholders Media Interactive Forum organised by the Enterprise and the Stakeholders Engagement Committee of the National Council on Privatisation.

Sado Daniel, the North Central Secretary of the association, said this in Bida while inaugurating a micro-finance bank established by the Federal Polytechnic, Bida.

The CBN also intervened to the tune of 53.44 million Chinese Yuan in the Spot and Short tenored forwards of the inter-bank foreign exchange market.

The Senate decision was sequel to a motion sponsored by Senator Gbenga Ashafa, who expressed dissatisfaction with excessive charges by Nigerian Banks.

The naira was, however, traded against Pound Sterling and the Euro at N478 and N417, respectively.

It also confirmed the appointment of Folashodun Shonubi as Deputy Governor of the Central Bank of Nigeria.

The minister said this in a statement by the Head, Communication and Public Affairs of the NDIC, Mohammed Ibrahim, on Friday in Abuja.

The CBN announced that Polaris Bank would take over the assets and liabilities of the defunct Skye Bank.

Buhari said this in Abuja on Tuesday at the 6th APIEXPO Africa 2018 titled `Beekeeping Industry for Sustainable Development, Wealth Creation and Economic Diversification’.

The Central Bank Governor, Godwin Emefiele, made this known at a news conference on Tuesday in Abuja on the outcome of the 263rd Monetary Policy Committee meeting.

Market turnover at the I &E window stood at 191.92 million dollars.