LAGOS JANUARY 29TH (NEWSRANGERS)-The Central Bank of Nigeria has extended deadline for the swapping of old naira notes till February 10, 2023. The CBN stated this in a release on Sunday. The apex bank said it added a 10-day extension of the deadline from January 31, 2023, to February 10, 2023, to allow for…
LAGOS SEPTEMBER 7TH (NEWSRANGERS)- The Central Bank of Nigeria, (CBN) has been given seven days to provide relevant information about the bidding process in its engagement of Bitt Incorporation by the apex bank. The bank in August had announced its technical partner for its Digital Currency Project after what it described as a competitive bidding…
LAGOS JULY 2ND (NEWSRANGERS)- Nigeria’s leading anti-corruption group, Human and Environmental Development Agenda, (HEDA Resource Centre) has raised questions concerning the award of N30b contract to a Nigerian company. HEDA had obtained details indicating that the Central Bank of Nigeria, (CBN) awarded a contract to Bulet International Limited, a company alleged owned by Ismaila Isa…
LAGOS OCTOBER 16TH (NEWSRANGERS)-The Federal High Court in Abuja on Monday ordered the interim freezing of 45 bank accounts belonging to three companies for alleged smuggling of rice into the country. The companies with the 45 bank accounts in 10 banks are Sun Sam A1 International Limited, Sun Sam International Limited and Sunchrist O. Trans…
LAGOS OCTOBER 8TH (NEWSRANGERS)-The Economic and Financial Crimes Commission, EFCC has denied reports alleging that about N900 million of mutilated naira notes, being subject of prosecution at the Federal High Court, Ibadan, and kept in several boxes in EFCC’s custody had turned to paper. The anti-corruption agency described the reports as very mischievous and a…