₦airaland Forum

mymadam:
Originally a strange policy from a confused CBN boss & Co. @Op, source tho'?

Recieved that sms from our supplier this morning

The Central Bank of Nigeria (CBN) has suspended its earlier directive on the implementation of cashless policy.

In a circular released on Friday, the apex bank instructed banks to revert to old charges and refund customers who had been debited.

CBN had earlier announced new charges on deposit and withdrawals above a threshold of N500,000.

The apex bank had directed banks to charge 5% and 10% for deposits and withdrawals above N40m in the corporate category.

The bank had fixed 1.5% and 2% for deposits ranging from N500,000 and N1 million in the individual category.

But in the circular signed by Dipo Fatokun, director, banking and payments system department, CBN said the existing policy before the announcement of the new policy shall remain in place in Lagos, Ogun, Kano, Abia, Anambra, Rivers and Abuja.
You will recall that a directive was issued on the nationwide implementation of the cashless policy vide our circulars with reference numbers BPS/DIR/GEN/CIR/04/001 dated February 21 and BPS/DIR/GEN/CIR/04/002 dated March 16,” the circular read.

“Please note that the new withdrawal and deposit processing fee charges above the threshold, as contained in the circulars referenced above, are hereby suspended until further notice. The position of the policy shall now revert to the status quo ante.”

The old charges to be reverted to 3% processing fee for withdrawals above N500,000 in the individual category and 5% for withdrawals above N3 million.

“The new policy already applied effective April 1, 2017 as contained in the circulars in reference above should be reversed and the old charges be applied. All necessary refunds should be made accordingly.
https://www.thecable.ng/breaking-cbn-reverses-cashless-policy

The game is still very dangerious,if they scores we are out!

What a relief!

This game is seriously frustrating me! Just hope our season won't end tonight

I leave the judgement to the person below me

I use clipper

supereagle:
He has Nigerians at heart.

Lol you are funny! He is a business man he only thinks about making money

I hope oil importers won't burn this factory before it started
He is on course to create most deadliest group of enemies

Barcelona season is actually over
Now Pique can concentrate on twitter war

gudnex22:
82 min now and we are still counting

Rexling:
Barca z losing ds match.Barca didn't score in d first 20mins,how wil they do the "cumbck?"

The comeback is scheduled for 80th min

januzaj:
what a joke

You have not been following Monaco lately,Non of this teams can beat them
They turned Man city to osogbo United and now they are embarassing Dortmound

This teams are just fighting for nothing! Monaco will win this competition

tosyne2much:
That's true

What is true about the post? The whole post sounds like COMEDY
I think the Op is the silllly person here,the thread should be moved to joke section

dahunsy:
coughs**clears throat#

Should I call firefighter?

This further shows that Arsenal is a decade behind madrid

Arsenal fans are seriously enjoying this

Class is permanent

Alariwo2:
so will Bayern

Waiting for Bayern to score

I only have sympathy for Messi fans

Alariwo2:
I doubt they can..

don't forget the battle is in Madrid's home now. The odds no favour them atal

engrMikemd:
why?

Penalty is a game of luck

Madrid must avoid penalty by all available means

toseen7:
embarass Guardiola?

Ofcourse he was sacked because of his failure in Europe
Bayern don't really care about domestic league.Their main goal is to win champions league

Alariwo2:
so will Bayern

Not in this game! anyway i actually want Bayern to win this competition.I seriously want to embarass Guardiola
Want him to look average

Alariwo2:
Bayern should park bus biko.. just one more to go

Madrid will score

Don't travel with your credentials or any work or school related document if you are on social visa.Wouldnt like to read another story that touch.

Nothing nice about that airport above

We need to reward this Ethiopia airline one way or the other,they are the most Loyal airline around at the moment

She is very arrogant and i hope this wont be her downfall,she want to conduct snap election just to get ride of brexit opposition in the house
How can you believe your party will win the majority.This must be the gamble of the century and will probably lead to the colapse of the UNITED KINGDOM