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We won’t be rigid on cash withdrawal limit — Emefiele

We won’t be rigid on cash withdrawal limit — Emefiele

 … says President told him to carry on without fear  …CBN has taken over N500bn old notes into vaults By Johnbosco Agbakwuru, Abuja Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, on Thursday, said that the recently-introduced policy on cash withdrawal limit was not meant to hurt anybody but to strengthen the nation’s […]

Updated: Unknown gunmen attack Anambra hospital, steal 4 newborns

Updated: Unknown gunmen attack Anambra hospital, steal 4 newborns

By Chimaobi Nwaiwu, Nnewi Unknown gunmen have attacked a maternity hospital in Nkpologwu, Aguata Local Government Area of Anambra State, abducting four newborn babies. Vanguard gathered from a source in the community that the incident happened on Tuesday night, and was only made known to members of the community on Wednesday (today) morning. According to […]

FG’s deficit spending rises 7% to N593bn — CBN

FG’s deficit spending rises 7% to N593bn — CBN

•As revenue into Federation account drops 9.8% By Babajide Komolafe,  Economy Editor The Federal Government recorded deficit spending of N593 billion in August this year, representing seven per cent higher than N554.21 billion recorded in the previous month.   The increased deficit was driven by 4.2 per cent,   month-on-month MoM,   increase in capital expenditure which moderated […]