Tag: Cash
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How I collected $3m cash for Emefiele – CBN employee reveals
A Central Bank of Nigeria (CBN) employee, Mr Monday Osazuwa, on Friday told an Ikeja Special Offences Court how the former apex bank governor, Godwin Emefiele, on different occasions, directed him to collect three million dollars cash in tranches. Osasuwa, while being led in evidence by the Economic and Financial Crimes Commission (EFCC) counsel, Mr…
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E-naira wallet will address scarcity of cash – Emefele’s aide
Mrs. Mary Fasheitan, the Special Assistant on Payment to the Governor of the Central Bank, says that usage of the digital naira called eNaira currency, will address the scarcity of cash in the country. Fasheitan stated this while sensitising traders and people of the state in Akure to the need to embrace the cashless platform for…
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Cash crunch: Buhari to address Nigerians today
President Muhammadu Buhari will make a national broadcast on Thursday on the cash crunch bedeviling Nigerians today. This was contained in a statement issued by his Special Adviser on Media and Publicity, Femi Adesina late Wednesday night. Recall that on Wednesday Nigerians in some parts of the country mostly in the western part protested the…
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Cash, fuel scarcity: Lagos govt reduces transport fare by 50%
The Lagos State Government on Wednesday announced a 50 per cent cut in fares on all government-owned transportation system. Gov. Babajide Sanwo-Olu made the announcement at the Lagos House Marina, while addressing newsmen on the fuel shortage and currency exchange crisis in the country. Sanwo-Olu said that the 50 per cent fare reduction would take…
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A tale told by an ATM cash withdrawer – By Dennis Onakinor
“Professor! Professor! Let’s hear the Professor!” chanted some youths as the bespectacled young man dished out anarchic social commentaries laced with unprintable invectives against what he described as “the ruling oligarchic buccaneers, who are strangulating the suffering masses of Nigeria through the diabolic combination of petrol scarcity and Naira notes shortage.” Others chorused: “Professor is…
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![[Just In] Cash palaver: Ray of hope for Nigerians as Buhari meets with Emefiele, Tambuwal, Bagudu](https://thenewsguru.ng/wp-content/uploads/2022/04/Buhari.png)
[Just In] Cash palaver: Ray of hope for Nigerians as Buhari meets with Emefiele, Tambuwal, Bagudu
…shelves meeting with govs forum Ray of hope for Nigerians as President Muhammadu Buhari privately meet with the Chairman of the Nigeria Governors’ Forum, Aminu Tambuwal; and the Chairman of the Progressives Governors’ Forum, Atiku Bagudu over the scarcity of the three naira notes. Also in attendance at the meeting was the Governor of the…
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NDLEA nabs 40-year-old drug peddler with cash in Rivers
The National Drug Law Enforcement Agency (NDLEA) nabbed a 40-year-old drug peddler, Damion Onuoha with 1.6kg of white and brown Methamphetamine in Rivers on Tuesday. NDLEA commander in Rivers, Mr
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CBN releases guidelines for operation of neutral cash hubs
The operation would ease huge cash management and deepen financial inclusion
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![[GRAPHIC PHOTO] Robbers open fire on bullion van in Ondo; cart away cash, kill policeman, driver](https://thenewsguru.ng/wp-content/uploads/2020/07/Police-cross.jpg)
[GRAPHIC PHOTO] Robbers open fire on bullion van in Ondo; cart away cash, kill policeman, driver
Dare-devil armed robbers have attacked another bullion van on the outskirts of Ondo State along the Lagos-Ore expressway. The robbers were said to have opened fire on the bullion van at about 1 pm on Wednesday (today), while on its way to Araromi-Obu in Odigbo Local Government Area of Ondo from Edo State. The Police…
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Buhari offers automatic employment, scholarships, cash to 110-ex corps members
President Muhammadu Buhari Thursday gave automatic employment to 110 ex-corps members in the Federal Civil Service as well as scholarships for the pursuit of post-graduate studies up to the doctoral level in any university in Nigeria. Speaking at the virtual 2018/2019 President’s National Youth Service Corps (NYSC) honours award ceremony, held at the State House…