There is a scarcity of money in the commercial banks in Imo State, leading to commercial banks starting to make low cash payments to their customers. This situation has continued to cause concerns for bank customers as they are unable to withdraw the actual amounts they intended to collect from the bank, reports Sunday Tribune. […]
Some states are experiencing cash crunch as the Automated Teller Machines (ATMs) no longer dispense money and banks ration cash withdrawal Over The Counter (OTC) by depositors. The Central Bank of Nigeria (CBN) blamed the situation on ‘uneven cash flow and huge withdrawal by depositors ahead of the festivities, reports The Nation. Many Nigeria...
•CBN Governor Olayemi Cardoso Huge crowd besieged banking halls yesterday, as customers moved to link their Bank Verification Numbers and National Identity Numbers to their bank accounts. This followed the new directive of the banking regulator to the banks on Friday, to bar customers who were yet to link their BVN and NIN from having [&hellip...
•Bag of Naira notes The Independent Corrupt Practices Commission (ICPC) has apprehended an official of the Independent National Electoral Commission (INEC) during the Imo State governorship election, in possession of a substantial amount of money. The INEC staff, whose name was not disclosed, was apprehended at Polling Unit 005, Township Prima...
In a dramatic turn of events during the ongoing governorship election in Bayelsa State, security agents have arrested two party supervisors affiliated with the All Progressives Congress (APC). The suspects were apprehended while allegedly attempting to induce voters with a staggering ₦95 million in cash, reports Saturday Sun. The arrest took p...