Central Bank of Nigeria (CBN)

CBN issues new timelines for resolution of failed ATM, POS and e-banking transactions

The Central Bank of Nigeria (CBN) has directed Nigerian banks to resolve all outstanding issues relating to failed Automated Teller Machine, Point of Sale terminal and other electronic banking transactions within two weeks, starting June 8, 2020. The timelines for reversals and resolution of refund complaints on electronic channels was also reviewed. A statement signed […]

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Bandits kill APC chairman in Katsina

Bandits have killed Abdulhamid Sani, Chairman of the All Progressives Congress (APC) in Batsari Local Government Area of Katsina State, on Sunday. The 55-year-old was said to have been resisting kidnap before the bandits killed him. Gambo Isah, the spokesman of the police in the state, confirmed Sani’s death in a statement. “Today, 31/05/2020, at […]

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FRESH! Buhari reconstitutes NNPC board

Nigeria’s President Muhammadu Buhari had on Saturday approved the reconstitution of the Board of the Nigerian National Petroleum Corporation (NNPC), after the expiration of the term of the board members who were in 2016 appointed. Mr Femi Adesina, Special Adviser to President Buhari on, Media and Publicity, disclosed this. Members of the new Board are: […]

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