Know The States That Controls 90% Cash Transactions in Nigeria-cbn - Business - Nairaland
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Cheque Transactions In Nigerian Banks Hit N1.32 Trillion In Three Months / Nigeria’s CBN Is Printing Money To Keep The Govt Afloat & Alarms Are Ringing. / Nigeria Ranks 7th On Pos Transactions In Africa (2) (3) (4)
| Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 10:04pm On Apr 04, 2016 |
CBN: Seven states control 90% of cash transactions The Central Bank of Nigeria (CBN) has said that Lagos and the six other states control about 90 per cent of cash transactions in the country. The other states are Rivers, Anambra, Abia, Kano, Ogun and the Federal Capital Territory (FCT). The CBN Deputy Governor, Operations, Tunde Lemo, who disclosed this, said this was the… http://businessdayonline.com/2013/05/cbn-seven-states-control-90-of-cash-transactions/
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| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by ETHIX(m): 10:06pm On Apr 04, 2016 |
Oga |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by ObiofOnitsha: 10:21pm On Apr 04, 2016 |
Stale news. Published On: Thu, May 30th, 2013 16 Likes 2 Shares |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 10:26pm On Apr 04, 2016 |
Lagos is the most populous city in Lagos State and in Nigeria as a whole. The conurbation is the second fastest-growing city in Africa and one of the most populous in the world.[9] As of 2015, the population of Lagos city is approximately 16 million.[10] Lagos is a port which originated on islands separated by creeks, such as Lagos Island, fringing the southwest mouth of Lagos Lagoon while protected from the Atlantic Ocean by barrier islands and long sand spits such as Bar Beach, which stretch up to 100 kilometres (62 miles) east and west of the mouth. The Metropolitan area of Lagos include: Ikeja (which is the capital of Lagos State) and Agege and Mushin. Lagos State is the economic nerve centre of Nigeria. It would be the fifth largest economy in Africa if it were a country 1 Like
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| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by ahaz: 10:34pm On Apr 04, 2016 |
ObiofOnitsha:whatever,record na record...remove Lagos and fact in the list.then phantom out the region that is doing well financially,,ur guess is as good as mine. 3 Likes |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 10:35pm On Apr 04, 2016 |
Rivers State, also known simply as Rivers, is one of the 36 states of Nigeria. According to census data released in 2006, the state has a population of 5,185,400, making it the sixth-most populous state in the country.[3] Its capital, Port Harcourt is the largest city and is economically significant as the centre of Nigeria's oil industry. Rivers State is bounded on the South by the Atlantic Ocean, to the North by Imo, Abia and Anambra States, to the East by Akwa Ibom State and to the West by Bayelsa and Delta states. It is home to many indigenous ethnic groups: Ikwerre, Ibani, Opobo, Eleme, Okrika, and Kalabari, Etche, Ogba, Ogoni, Engenni and others. The people from Rivers State are known as "Riverians". The inland part of the state consists of tropical rainforest; towards the coast the typical Niger Delta environment features many mangrove swamps. Rivers State, named after the many rivers that border its territory, was part of the Oil Rivers Protectorate from 1885 till 1893, when it became part of the Niger Coast Protectorate. In 1900 the region was merged with the chartered territories of the Royal Niger Company to form the colony of Southern Nigeria. The state was formed in 1967 with the split of the Eastern Region of Nigeria. Until 1996 the state contained the area now known as Bayelsa State Rivers State has maintained its importance as a leading supplier of wealth to the nation for centuries. In 2007, the state ranked 2nd nationwide with a gross domestic product (GDP) of $21.07 billion and a per capita income of $3,965. Natural resource The state is famous for its vast reserves of crude oil and natural gas. It was perhaps the richest and most important section of the African zone of the British Empire. Rivers State has two major oil refineries, two major seaports, airports, and various industrial estates spread across the land. More than 60% of the country’s output of crude oil is produced in the state. Other natural resources found within its boundaries are silica sand, glass sand and clay
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| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by okezed: 10:41pm On Apr 04, 2016 |
God pls make me popular with cash oooo. money is good, if you no get am you no get sense be dat oooo. |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 10:41pm On Apr 04, 2016 |
Anambra is a state in southeastern Nigeria. Its name is an anglicized version of the original 'Oma Mbala', the native name of the Anambra River. The capital and seat of government is Awka. Onitsha and Nnewi are the biggest commercial and industrial cities respectively. The state's theme is "Light Of The Nation". Boundaries are formed by Delta State to the west, Imo State and Rivers State to the south, Enugu State to the east and Kogi State to the north. The origin of the name is derived from the Anambra River (Omambala) which is a tributary of the River Niger. Anambra is the eighth most populated state in the Federal Republic of Nigeria and the second most densely populated state in Nigeria after Lagos State. The stretch of more than 45 km between Oba and Amorka contains a cluster of numerous thickly populated villages and small towns giving the area an estimated average density of 1,500–2,000 persons per square kilometre. Anambra is rich in natural gas, crude oil, bauxite, ceramic and has an almost 100 percent arable soil. Anambra state has many other resources in terms of agro-based activities like fishery and farming, as well as land cultivated for pasturing and animal husbandry.Anambra State has the lowest poverty rate in Nigeria 3 Likes
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| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by afroniger: 10:45pm On Apr 04, 2016 |
Hian! These Anambra chest beaters have come again. But no matter how Una slice or dice it, IMO state still has the highest GDP in the SE region, Enugu and Ebonyi had higher IGR at the last count. Even ABA that is ahead of Onitsha doesn't make so much noise. 10 Likes 1 Share |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 10:46pm On Apr 04, 2016 |
Abia State, which occupies about 5,834 square kilometres, is bounded on the north and northeast by the states of Anambra, Enugu, and Ebonyi. To the west of Abia is Imo State, to the east and southeast are Cross River State and Akwa Ibom State, and to the south is Rivers State. The southern part of the State lies within the riverine part of Nigeria. It is low-lying tropical rain forest with some oil-palm brush.[5] the southern portion gets heavy rainfall of about 2,400 millimetres (94 in) per year especially intense between the months of April through October. The rest of the State is moderately high plain and wooded savanna.[5] The most important rivers in Abia State are the Imo and Aba Rivers which flow into the Atlantic Ocean through Akwa Ibom State Crude oil and gas production is a prominent activity, as it contributes over 39% of the State's GDP.[6] However, the Indigenous oil companies, through the Marginal Fields Programme (MFP) have not found it easy to attract the requisite funding and infrastructural capacity to explore some of the marginal oil fields, about 50 in the State.[7] , Abia has much arable land that produces yams, maize, potatoes, rice, cashews, plantains, taro, and cassava.[5] Oil palm is the most important cash crop.[5]
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| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by Nobody: 10:46pm On Apr 04, 2016 |
Kudos to Anambra, Abia and Rivers. Ogun is only there because of proximity to Lagos and ports. Abuja and Lagos...Former and current capital territories; developed by oil money and all Nigerians. This country is the biggest fraud ever known to humanity...Eastern region working to feed the country! The day this country will break, Abuja, Lagos, ogun ( extension of Lagos...if Lagos fall, Ogun falls) their revenue will drop by 70%. 6 Likes 1 Share |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 10:51pm On Apr 04, 2016 |
Kano State is a state located in North-Western Nigeria.[4] Created on May 27, 1967 from part of the Northern Region, Kano state borders Katsina State to the north-west, Jigawa State to the north-east, Bauchi State to the south-east and Kaduna State to the south-west. The capital of Kano State is Kano. The state originally included Jigawa State which was made a separate state in 1991 Subsistence and commercial agriculture is mostly practiced in the outlying districts of the state. Some of the food crops cultivated are millet, cowpeas, sorghum, maize and rice for local consumption while groundnuts and cotton are produced for export and industrial purposes. During the colonial period and several years after the country’s independence, the groundnuts produced in the state constituted one of the major sources revenue of the country. Kano State is a major producer of hides and skins, sesame, soybean, cotton, garlic, gum arabic and chili pepper. |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 10:55pm On Apr 04, 2016 |
Ògùn is a state in southwestern Nigeria. Created in 1976, it borders Lagos State to the south, Oyo and Osun states to the north, Ondo State to the east and the Republic of Benin to the west. Abeokuta is the capital and largest city in the state. The state's nickname is "Gateway to Nigeria". It was created in February 1976 from the former Western State. The 2006 census recorded a total population of 3,751,140 residentsOther cities and towns in the Ogun State are Ijebu Ode, Sagamu, Ijebu Igbo, Ilaro Ayetoro and Ota. Ogun State has several local and international businesses and factories strategically sited within the 2 km government acquisition area of the Lagos - Sagamu expressway
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| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 10:59pm On Apr 04, 2016 |
Abuja is the capital city of Nigeria. It is located in the centre of Nigeria, within the Federal Capital Territory (FCT). Abuja is a planned city,[5] and was built mainly in the 1980s. It officially became Nigeria's capital on 12 December 1991, replacing Lagos, though the latter remains the country's most populous city. Abuja's geography is defined by Aso Rock, a 400-metre monolith left by water erosion. The Presidential Complex, National Assembly, Supreme Court and much of the city extend to the south of the rock. Zuma Rock, a 792-metre monolith, lies just north of the city on the road to Kaduna State. At the 2006 census, the city of Abuja had a population of 776,298,[6] making it one of the ten most populous cities in Nigeria. According to the United Nations, Abuja grew at the rate of 139.7% between 2000 and 2010, making it the fastest growing city in the world.[7] As of 2015[update], the city is still experiencing an annual growth of at least 35%, still retaining its position as the fastest growing city on the African continent and one of the fastest in the world.[8] Abuja has witnessed a huge influx of people into the city; the growth has led to the emergence of satellite towns such as Karu Urban Area, Suleja, Gwagwalada, Lugbe, Kuje and smaller settlements to which the planned city is sprawling.
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| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by isan(m): 11:00pm On Apr 04, 2016 |
ahaz:why remove lagos? Is lagos yor grandfather land? U can even remove ogun state sef.... Tribal bigot 11 Likes |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by isan(m): 11:03pm On Apr 04, 2016 |
Knowledge9000:tribal warlord hmmmmm anyway ogun is ogun lagos is lagos 9 Likes |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FlyoruB: 11:10pm On Apr 04, 2016 |
isan: No mind am. Na bad belle and inferiority complex.  . His likes are confused -- deep inside they Hate Lagos coz it's in Yorubaland and call it a nomansland to spite us, at the same time they whimsically acknowledge its SW/Yoruba ownership and attack her out of bad belle. Na confusion. 5 Likes |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by Ucheosefoh(m): 11:17pm On Apr 04, 2016 |
afroniger:lol broke state and yea Anambra is the poorest state in Nigeria, nothing is happening there. Hungry people everywhere, government owing workers for one year. I believe you are right we only beat chest nothing more isi eke 2 Likes |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by Danfuster(m): 11:19pm On Apr 04, 2016 |
FlyoruB: Abeg... Help me ask them oooo, why them mouth nor dey commot SW especially Lasgidi, I can only imagine what's they'd feel like if they were to be natural occupant of SW, Lagos 1 Like |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by YourNemesis: 11:23pm On Apr 04, 2016 |
I am sure Lagos and Ogun together have like 70-75% while the others 5 states share the remaining 25% lol... it say the top states, but doesn't actually give the proportion that each state controls..... lol 1 Like |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 11:24pm On Apr 04, 2016 |
ObiofOnitsha:Internet is there to provide information, some were not preview, when CBN passed the information, this is facts with CBN, these states control 90% of cash transactions in the country, if you have recent information from CBN that says otherwise kindly share |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by isan(m): 11:24pm On Apr 04, 2016 |
FlyoruB:those fools are so bitter 1 Like |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by totit: 11:26pm On Apr 04, 2016 |
Knowledge9000: Sometimes I wonder if Ipods youths often apply brain whenever they pull off figure from their akpu bombom. Bro,on the contrary SW feed the whole of SE and it's one of the reason Lagos is Ibos london 1 Like |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 11:27pm On Apr 04, 2016 |
YourNemesis:Lagos is nation common wealth developed by all, Ogun state is second to last on the list 3 Likes |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by OmoIgala: 11:27pm On Apr 04, 2016 |
lol, give us raw figures na and stop posting vague stuff... Abi you don't want us to know that Yoruba states control 80% of cash transactions in Nigeria  First can be 70% while second has 10% third 5% fourth 2%.... till everything adds up to the 90% |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by OAFMods: 11:29pm On Apr 04, 2016 |
Knowledge9000: When will foolish Igbo's such as yourself learn to make sense ? How do retards like you explain how Kano made the list or was it ever the capital of Nigeria ? Why are states surrounding Abuja not on the list like Ogun state ? How come almost 95% of Igbo's on NL are retards ? 1 Like 1 Share |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by OmoIgala: 11:29pm On Apr 04, 2016 |
FKO81: Bla bla bla...... Tell me what states like Rivers produce outside the oil industry, Even Abia...... I still doubt its inclusion on the list. by the way, the article didn't say the list was made proportionally apart from the obvious fact we know that Lagos is no 1. This is 2016 , and I am sure Ogun will be somewhere in the top 3 to 4 by now. 3 Likes |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by SamuelAnyawu(m): 11:32pm On Apr 04, 2016 |
Surely after 2019 Imo state will find its way to that list... SamDaddy for Governor Imo 2019.... PDP is Imo and Imo is PDP |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 11:36pm On Apr 04, 2016 |
OmoIgala:I don't blame you, you are asking what Rivers and Abia produce outside oil  |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by FKO81(m): 11:40pm On Apr 04, 2016 |
The Nation newspaper Seven states control 90% of cash transactions, says CBN Lagos and the six other states control about 90 per cent of the total cash transactions in the country, the Central Bank of Nigeria (CBN) has said. The other states are Rivers, Anambra, Abia, Kano, Ogun and the Federal Capital Territory (FCT). This, according to the CBN Deputy Governor (Operations), Mr. Tunde Lemo, was the reason the states were being slated for the second phase of the cash-less project billed to kick off on the July 1. http://thenationonlineng.net/seven-states-control-90-of-cash-transactions-says-cbn/ 1 Like |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by VANHELLSING: 11:43pm On Apr 04, 2016 |
This is the Type of thread the brown roofers commit suicide...lol 2 Likes |
| Re: Know The States That Controls 90% Cash Transactions in Nigeria-cbn by VANHELLSING: 11:52pm On Apr 04, 2016 |
Ucheosefoh:Bro stop dignifying that guy with a response. He's an ofe mmanu pig, who want to turn the thread into Anambra versus Imo, we should learn to follow these tiger face TEJUS with wisdom |
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