Sign in
Download Opera News App

osita nwanisobi

ECONOMY-FINANCE

Today's Headlines: CBN Disburses N253bn To Households, "Buhari Is Not Genocidal" - Presidency

CBN Disburses N253bn To Households Photo Credit: Punch Newspapers The Central Bank of Nigeria has disbursed N253 billion to 548,345 beneficiaries as part of its response to the COVID-19 pandemic. The acting Director Corporate Communications, Osita Nwanisobi, who disclosed this on Thursday at the bank’s special day at the ongoing 42nd Kaduna International Trade Fair, noted that the beneficiaries comprised 470,969 households and 77,376 Small and Medium Enterprises

  1 year ago ago
Today's Headlines: CBN Disburses N253bn To Households,

ECONOMY-FINANCE

Here's Why The Suspension Of E-naira Launching May Be Towing The Path Of Nigeria Air

Image credit: vanguardngr.com The Central Bank of Nigeria through its spokesman, Osita Nwanisobi, announced last night that it has suspended the launching of widely anticipated digital currency, e-naira. According to the apex bank, the reason was that it coincided with other activities lined up for the National Independence Day celebration.

  10 months ago ago
Here's Why The Suspension Of E-naira Launching May Be Towing The Path Of Nigeria Air

POLITICS

Today's Headlines: Buhari to launch e-Naira Monday, Treat bandits as terrorists – Speakers to Buhari

Buhari to launch e-Naira Monday Photo Credit: Daily Post The Central Bank of Nigeria, CBN on Saturday, revealed that President Muhammadu Buhari has been scheduled to formally unveil the e-Naira on Monday. DAILY POST recalls that the digital currency was billed to be unveiled on October 1 but was shifted due to activities on Independence Day.

  9 months ago ago
Today's Headlines: Buhari to launch e-Naira Monday, Treat bandits as terrorists – Speakers to Buhari

POLITICS

CBN Responds To Gov Obaseki's Claims Of Printing Over N50Billion For States

A few days ago, the Edo state governor, Godwin Obaseki had recently made a startling revelation about the printing of over N50Billion to offset payments to state governments.This had generated so much rumpus in the media as Nigerians have continued to question why states cannot generate their own revenue instead of the continued reliance on Abuja for the monthly allocation.

  1 year ago ago
CBN Responds To Gov Obaseki's Claims Of Printing Over N50Billion For States

POLITICS

Today's Headlines: Buhari to launch e-Naira Monday, FCT Minister vows to domesticate disability act

Buhari to launch e-Naira Monday Photo Credit: Daily Post The Central Bank of Nigeria, CBN, revealed that President Muhammadu Buhari has been scheduled to formally unveil the e-Naira on Monday. DAILY POST recalls that the digital currency was billed to be unveiled on October 1 but was shifted due to activities on Independence Day.

  9 months ago ago
Today's Headlines: Buhari to launch e-Naira Monday, FCT Minister vows to domesticate disability act

POLITICS

Today's Headlines: President Buhari to launch e-Naira Monday, Royal Navy Warship arrives in Lagos

President Buhari to launch e-Naira Monday Photo Credit: Daily Post The Central Bank of Nigeria, CBN on Saturday, revealed that President Muhammadu Buhari has been scheduled to formally unveil the e-Naira on Monday. DAILY POST recalls that the digital currency was billed to be unveiled on October 1 but was shifted due to activities on Independence Day.

  9 months ago ago
Today's Headlines: President Buhari to launch e-Naira Monday, Royal Navy Warship arrives in Lagos

ECONOMY-FINANCE

Digital Currency: CBN Suspends eNaira Launch

Photo Credit: Google The Central Bank of Nigeria (CBN) suspended the launch of its Digital Currency (CBDC) – the eNaira, earlier scheduled for October 1, 2021. Recall that the Apex Bank fixed October 1st for the launching of the Digital Currency. The CBN Spokesman Osita Nwanisobi, was quoted saying "the planned unveiling was suspended due to other key activities lined up to commemorate the country’s 61st Independence Anniversary."

  10 months ago ago
Digital Currency: CBN Suspends eNaira Launch

SOCIETY

CBN to arrest anyone who sprays, steps on Naira Note

The Central Bank of Nigeria has threatened to arrest and prosecute anyone who abuses the Nigerian Naira in public. The CBN on Monday issued a statement warning against spraying or stepping on the nation's currency at public events. The statement, signed by the Age. Director corporate communications, CBN, Osita Nwanisobi, read:-

  1 year ago ago
CBN to arrest anyone who sprays, steps on Naira Note

ECONOMY-FINANCE

Anyone who sprays or steps on Naira notes will be arrested — CBN warns Nigerians.

Anyone who abuses the Nigerian Naira in public will be arrested and prosecuted, according to the Central Bank of Nigeria. On Monday, the CBN issued a strong warning against spraying or stepping on the country's currency at public events. "The Central Bank of Nigeria's (CBN) attention has once again been drawn to the activities of persons who flagrantly abuse the legal tender by hurling wads of Naira notes into the air and stamping on the currency at social functions," said the statement, signed by Osita Nwanisobi, Ag.

  1 year ago ago
Anyone who sprays or steps on Naira notes will be arrested — CBN warns Nigerians.

POLITICS

After Obaseki said the federal government printed and shared 60 billion naira, see what CBN said.

The Central Bank of Nigeria have reacted to Obaseki’s claim that the Federal printed and shared N60 billion Naira to states.The Central Bank and the Financial Ministry of Finance, Budget and National Planning, said they don’t know about the printing of such amount of money.

  1 year ago ago
After Obaseki said the federal government printed and shared 60 billion naira, see what CBN said.

ECONOMY-FINANCE

CBN Postpones The launch of the 'e-naira' digital currency

The Nigerian Central Bank (CBN) has delayed the official launch of the digital currency, e-Naira. According to CBN spokesman, Osita Nwanisobi, the decision to postpone the opening of e-Naira, which is scheduled for October 1, was made to avoid disruption from the celebration of the 61st Independence Day.

  10 months ago ago
CBN Postpones The launch of the 'e-naira' digital currency

SOCIETY

"We Will Arrest Anyone Who Sprays Or Steps On Naira Notes" - CBN

The Central Bank of Nigeria (CBN) has threatened to arrest and prosecute anyone who steps on or spray the naira note. The CBN issued a warning on Monday to people who are abusing the naira. Part of the statement signed by Osita Nwanisobi, the Ag.

  1 year ago ago

SOCIETY

Southeast people have low participation in FG intervention programme, CBN discloses.

The Central Bank of Nigeria Authorities have earlier today disclosed during their CBN fair in Enugu, that Southeast people have low participation in virtually all the intervention programmes federal government has been running through them.Mr. Osita Nwanisobi who happens to be an acting director, Corporate Communications Department of the bank recounted this issue and one can say he is worried about it.

  1 year ago ago
Southeast people have low participation in FG intervention programme, CBN discloses.

ECONOMY-FINANCE

Nigerian Reacts As Banks Charges N6.98 USSD Fee

Commercial banks and mobile network providers have started charging their customers at the flat rate of 6.98 per transaction every time they use the Unstructured Supplementary Service Data (USSD) services which have caused a lot of reactions and comments online. This new charge followed the effect of the Central Bank Of Nigerian (CBN) and National Communication Commissions (NCC) announcement in March.

  1 year ago ago
Nigerian Reacts As Banks Charges N6.98 USSD Fee

SOCIETY

Naira Abusers Risk Six Months In Jail As CBN Gives Fresh Warning - Report

The Nigerian Central Bank has cautioned that those who abuse the naira during social gatherings risk being imprisoned or fined. According to the CBN's amended Act of 2007, "spraying, dancing, or matching on the Naira or any note issued by the Bank during social occasions or otherwise howsoever shall constitute an abuse and defacing of the Naira or such note and shall be punishable under the law by fines, imprisonment, or both"

  1 year ago ago
Naira Abusers Risk Six Months In Jail As CBN Gives Fresh Warning - Report

ECONOMY-FINANCE

CBN disburses N253 billion to families and small businesses.

As part of its response to the COVID-19 pandemic, the Central Bank of Nigeria has released N253 billion to 548,345 recipients. The beneficiaries included 470,969 households and 77,376 Small and Medium Enterprises, according to the acting Director Corporate Communications, Osita Nwanisobi, who revealed this on Thursday at the bank's special day at the ongoing 42nd Kaduna International Trade Fair.

  1 year ago ago
CBN disburses N253 billion to families and small businesses.

ECONOMY-FINANCE

CBN Postpones e-Naira Launch

The Central Bank of Nigeria (CBN) has declared openly the postponement of the proposed launch of its digital money, e-Naira. An announcement by apex bank’s Director of Communications, Mr Osita Nwanisobi, announced that the launch, which was before anticipated for Oct. 1, was postponed due to other actions lined up to celebrate the country’s 61st independence anniversary.

  10 months ago ago
CBN Postpones e-Naira Launch

ECONOMY-FINANCE

Mobile USSD: Banks and network providers now charge N6.98 fee per transaction— CBN, NCC

Commercial banks and mobile network providers partnered to charge customers a flat rate of N6.98 fee per transaction anytime they use the Universal Supplementary Service Data(USSD) service. The new charge followed the enactment announced by the Central Bank of Nigeria(CBN) and the Nigeria Communication Commission(NCC), in March 2021.

  1 year ago ago
Mobile USSD: Banks and network providers now charge N6.98 fee per transaction— CBN, NCC

SOCIETY

Spraying Naira Is A Punishable Offence, We Will Arrest Anyone Caught Doing It - CBN Warns Nigerians

Assistant Director of CBN, Osita Nwanisobi The Central Bank of Nigeria (CBN) has warned Nigerians that they are ready to prosecute anyone caught spraying money in a public gathering. In a statement released by the Assistant Director of CBN, Osita Nwanisobi, it was contained that the attention of CBN has been drawn to the way some people are handling Nigeria currency.

  1 year ago ago
Spraying Naira Is A Punishable Offence, We Will Arrest Anyone Caught Doing It - CBN Warns Nigerians

ECONOMY-FINANCE

CBN threatens to arrest and prosecute abusers of Naira notes.

Spraying of, dancing or matching on the Naira notes have become a culture to many persons at social occasions or gatherings. However, the Central Bank of Nigeria (CBN) has said it is collaborating with the Nigeria Police Force, the Federal Inland Revenue Service (FIRS), the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence Unit (NFIU), to arrest and prosecute anyone found hurling wads of Naira notes in the air and stamping on the currency at any social occasions or functions.

  1 year ago ago
CBN threatens to arrest and prosecute abusers of Naira notes.