Tag Archives: CBN

Buhari’s Economic Policy Hurting our Businesses In Nigeria – US Commerce Secretary

According to US Commerce Secretary Penny Pritzker, the Nigerian government’s foreign exchange policies over the past year are hindering the ability of US companies to do business in Nigeria.   US companies have “been quite explicit it’s a barrier to trade,” Pritzker said in an interview on Monday in Lagos.   The CBN, with Buhari’s backing, has tried stop the ...

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Nigerians Blast FG For 50 Naira Transaction Charge

Nigerians have lambasted the N50 per 1000 naira transaction policy of the central bank of Nigeria. Those who spoke against the policy maintain across the nation that it would increase poverty mong the people who were already bearing the brunt of a failing economy. They  said policy is the fall out of the visit by the IMF managing director, Christine ...

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CBN Extends BVN Registration To Oct 31

In response to appeals by Nigerians who were unable to meet the Central Bank of Nigeria (CBN) deadline for Bank Verification Number (BVN) registration, the apex bank has extended the exercise to October 31, 2015. TheStreetReporters.com gathered that the decision also followed the uncontrolled crowd at the different branches of Nigerian banks that has made business transactions almost impossible. CBN ...

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BVN: Is June 30 Really The Deadline?

There is an innovation in town called the Bank Verification Number. A good and positive step indeed. In the face of the terror and mayhem  visited on innocent and peace loving people, the source of fund to the merchants of death ought to be checkmated. It needs to be stopped. This is one major step to weaken the strength of ...

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