Tag: apex bank
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Trump orders apex bank to stop minting new pennies
US President Donald Trump has ordered the Treasury to stop producing penny coins, presenting it as an effort to cut down on government spending. For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote on his Truth Social platform. “I…
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Ondo Governor, Rotimi Akeredolu declares Emefiele unfit
Ondo state Governor, Oluwarotimi Akeredolu has explained that the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele is unfit to head the Apex bank in the country. Akeredolu noted that Emefiele was supposed to have been booted out from office the moment he showed interest in contesting for the presidential ticket of the…
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CBN warns DMBs from bringing “composed banknotes ” as part of deposits with the apex bank
Henceforth, composed banknotes discovered in the deposit of DMBs shall attract a penalty of 400 per cent of the value