₦airaland Forum

Congratulations Already Burna Man

it's a welcome development

now this will not count as witch hunting

this is really bad

Nike Popoola

The Central Bank of Nigeria has given a directive to
banks and other financial institutions to stop the sale
of treasury bills to individuals and small firms with
effect from November 29 .
Some bank officials who disclosed this to The PUNCH
said only big corporate organisations would be allowed
to do treasury bills investments.

Our correspondents learnt that banks were already
notifying their customers of the new directive .
The sources , however , said the existing treasury bills
investments would be allowed to continue till the end
of their maturity dates.

A bank official said , “ Operators are trying to see if the
November 29 deadline given for the implementation
by the CBN could be extended, so as to create enough
awareness. But there is no move for the reversal of the
directive . ”

An operator said the inaccessibility of treasury bills
might lead to an increase in savings deposits of the
banks , attracting interest rates below what the treasury
bills offered .

A source from the CBN said the move was to stop the
mop - up of funds from the system through the treasury
bills .

He said , “ Many people with huge cash prefer to keep
their funds idle in treasury bills instead of investing
the funds . Some people collect huge severance package ,
have huge funds but they have refused to invest the
money .

“ We want these funds to be useful in the economy so
that they will be available in the banks and can be
invested to create more jobs in the country. ”

He noted that the CBN had increased the Loan to Deposit Ratio of the banks from 60 per cent to 65 per cent .

source punch
https://punchng.com/cbn-stops-treasury-bills-sale-to-individuals/

tell them no

we don't need their rice

Av really missed my Girl Asa

Av really missed my Girl Asa

Africa My Africa

Act

Abeg watin come really sup here??

were the news ?

VERY FUNNY BUT SO FREAKING TRUE

it was like this 2day which is even better, come n see it when the rain is heavy ,,


River Adolor

following

so na Okada Babe she be

Success

C

Congratulations to You Burna Boy

God bless Nigeria

Welcome in Mr President

May the next Four years be better than the Last

Ameen

Rape na Rape,
Thief na Thief,
Prostitution na Prostitution,
Yahoo na Yahoo
Corruption na Corruption
If u like support am or not
Bad thing na Bad thing

No does not have oil filter
hope its the Nissan NS-2 Oil u got ? if so u are good to Go

Jumat Kareem

May the Almighty Make this Ramadan A blissful one n accept it as an act of Ibadah for Us All Ameen

Congrats to u

“My mother always told me that if I finished from secondary
school with good grades, she would kill a cow because I was
very restless and playful. When I finished from secondary
school and took my result to her, I demanded my cow but she
was not forthcoming so I asked for a chicken, but she simply
told me she had cooked rice and that I should go and eat it"[b]

Nigerian Parents Sha Congrats to u

I believe say this woman dey crush on Davido