Monday, February 24, 2020

CBN sets rules for domiciliary account

 

   Central Bank of Nigeria (CBN) on Sunday said customers can deposit dollar into their domiciliary accounts but are not allowed to transfer it to another party. In a statement, CBN, Corporate Communications Director, Isaac Okorafor, said  the apex bank had not  prohibited the acceptance of foreign currency  cash deposits by Deposit Money Banks (DMBs).

President Buhari Sympathises With Family Of Victims


    President Muhammadu Buhari has condemned the Boko Haram attack on Garkida in Adamawa State, extending his sympathy to families of victims. The President assured that no part of Nigeria would be abandoned to their fate.

Nigerians Sue Speaker HOR Gbajabiamila And Reps Over Plan To Spend N5bn On Cars

   

   Socio-Economic Rights and Accountability Project (SERAP) and 192 concerned Nigerians have filed a lawsuit asking the Federal High Court in Abuja to restrain Femi Gbajabiamila, Speaker of the House of Representatives and all members from spending N5billion to buy 400 exotic cars for principal officers and members. SERAP is also seeking a court order to and stop the National Assembly Service Commission from releasing any public funds to the House of Representatives to buy 400 Toyota Camry 2020 model cars estimated to cost $35,130 per car.

Police arrest notorious burglar in Ikorodu, recover stolen items


    Policemen from Ikorodu, Lagos, have arrested a serial burglar, Ganiu Solomon and recovered some stolen items from him.

Indian Prime Minister to welcome Trump with Mega rally today

 

    Prime Minister Narendra Modi is set to welcome his US counterpart Donald Trump to India with a massive rally on Monday, kicking off a two-day visit likely to be more about pomp and ceremony than concrete agreements.