The Edo State Governor, Senator Monday Okpebholo, on Thursday, ordered the freezing of all State-owned bank accounts with immediate effect, until further notice. In a statement by his Chief Press Secretary, Fred Itua, the Governor warned commercial banks, heads of Ministries, Departments and Agencies (MDAs) to comply with the order immediately without any delays. Governor Okpebholo warned that anyone, including heads of MDAs and civil servants who flouts the order will be severely punished. “All bank accounts in all the commercial banks have been frozen. Commercial banks must comply with…
Read MoreDay: November 14, 2024
CBN Launches Initiatives To Drive Nationwide Financial Inclusion
The Central Bank of Nigeria has officially launched three initiatives to drive financial inclusion in the country. The initiatives were launched at the second edition of the International Financial Inclusion Conference, which was held in Lagos on Tuesday under the theme, ‘Inclusive Growth: Harnessing Inclusion for Economic Development’. Speakers at the event highlighted the fact that women, and youths including small and medium enterprises were the most financially excluded categories of people in Nigeria. The IFIC is Nigeria’s leading financial Inclusion event hosted by the National Financial Inclusion Governance Committees.…
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