Showing posts with label CBN. Show all posts
Showing posts with label CBN. Show all posts

Wednesday, January 28, 2015

Soludo, embittered, worst CBN governor in search of relevance, says Okonjo-Iweala

For daring to score President Goodluck Jonathan’s economic policies very low, Minister of Finance, Ngozi Okonjo-Iweala has described the former Central Bank of Nigeria Governor, Professor Charles Soludo as embittered loser who is in search of power and relevance.

It would be recalled that Soludo in his submission titled: “Buhari Vs Jonathan: Beyond the Election” told President Goodluck Jonathan not to campaign on his six years record in office as he had failed Nigerians particularly in the management of the economy.

Tuesday, November 18, 2014

Circulation of new N100 begins Dec. 19, says CBN



The Central Bank of Nigeria (CBN) has fixed Dec. 19, 2014, to put the new commemorative N100 into circulation.

This is contained in “Countdown Calendar of The New Commemorative N100 Banknote” a publication on activities for the launch of the new banknote released by the bank in Abuja.

The bank said the circulation of the banknote, unveiled by President Goodluck Jonathan on Nov. 12, would be preceded by the launch of “Partnership Programme aimed at Banknote Equipment Manufacturers and other Machine Suppliers” on Wednesday.

The Wednesday activity, according to the bank, is to enable the manufacturers and suppliers to adapt machines and authentication devices for the new banknotes.

The publication also said that the new banknote would be sent to commercial banks, Nigeria Police Force, chambers of commerce, professional associations and cash-in-transit companies on Nov. 26.

Other activities that would also precede the circulation of the banknote, the apex bank said, were the sending of leaflet on the banknote to 1,000 Points of Sales (POS) in the country on Dec. 3 and visit to the new note on internet on Dec.10.

The bank added that a “live” film show to check the new banknote would be aired on CBN YouTube.