Connect with us

BANKING

CBN gets approval to exempt banks, others from lockdown

Published

on

CBN AGSMEIS Loan Form 2020/2021: How To Apply Without Collateral

CBN gets approval to exempt banks, others from lockdown – The Minister of Finance and the Governor of the Central Bank of Nigeria (CBN) have secured approval from President Muhammadu Buhari to exempt key players in the financial services sector from COVID- 19 movement restrictions.

A statement jointly issued by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed and Central Bank governor, Godwin Emefiele on Monday appealed to President Buhari to enable the financial services sector particularly banks render skeletal services.

President Muhammadu Buhari, on Sunday in his nationwide broadcast, imposed a total lockdown restricting movements in Lagos, Ogun and Abuja.

Addressing Nigerians, the President said: “based on the advice of the Federal Ministry of Health and the NCDC, I am directing the cessation of all movements in Lagos and the FCT for an initial period of 14 days with effect from 11pm on Monday, 30th March 2020.

CBN limits withdrawal of deposits in domiciliary accounts

CBN gets approval to exempt banks, others from lockdown

“This restriction will also apply to Ogun State due to its close proximity to Lagos and the high traffic between the two States.”

He urged all citizens in these areas to stay in their homes, adding that travel to or from other states should be postponed.

All businesses and offices within these locations should also be fully closed during this period, President Buhari ordered.

In a jointly issued statement Monday by the Minister of Finance, Budget and National Planning and CBN governor, entitled: ‘ Notice to affected stakeholders and general public regarding COVID-19 and restrictions in movement of persons”, they applauded and appreciated the appropriate and proactive restrictions in personal and vehicular movement imposed by President Muhammadu Buhari in his speech of Sunday 29 March 2020.

However, the minister and CBN governor noted: ” To ensure that Nigerians can still perform online transactions and use ATMs whilst observing these restrictions, we will like to inform the general public and all affected stakeholders that we have obtained exemptions from the President to allow very skeletal operations in the Financial System and Money Markets in order to keep the system in light operations during this time”.

Nigeria Confirms First Case of Coronavirus in Lagos

CBN gets approval to exempt banks, others from lockdown

They added: “All relevant staff of affected outfits and agencies should look out for further instructions from their immediate bosses”.

Zainab Ahmed and Godwin Emefiele stated that they “are mindful of the difficulties these restrictions would bring on ordinary Nigerians and are grateful to the President for approving these exemptions, which should help ease some of these burdens.”

They urged all Nigerians to be patient, cooperative and united as all hands are on deck to defeat this virus.”

Samson Gabriel a graduate of mass communication from Auchi Polytechnic, he is a passionate writer with experience in radio scrip writing. He brings his experience from the broadcast media into play here as he continues to enjoy his passion as a journalist. He can be contacted via whats-app on: +234701105670

Advertisement
2 Comments

2 Comments

  1. Janet John

    May 16, 2020 at 12:03 PM

    AUCTION AUCTION AUCTION!!!!
    NIGERIA CUSTOM SERVICE IMPOUNDED VEHICLES 2020 AUCTIONING IS CURRENTLY ON GOING NOW .
    IMPOUNDED VEHICLES & DIFFERENT TYPES OF GENERATORS, FOR SALE AT CHEAP AND AFFORDABLE AUCTION PRICE INTERESTED BUYER SHOULD KINDLY CONTACT OR WATSAPP ME ON (07043069364) BAGS OF RICE AND VEGETABLE OIL FOR SALE IN A CHEAP and AFFORDABLE PRICE, BUYER SHOULD CONTACT me ON (07043069364) AVAILABLE VEHICLES AND THEIR AUCTION PRICES ARE:
    Toyota 4Runner #750,000
    Toyota Avalon #900,000
    Toyota Avensis #950,000
    Toyota Camry tiny light #450,000
    Toyota Camry muscle #850,000.
    Toyota Camry Big daddy #650,000
    Toyota Corolla #500,000.
    Toyota FJ Cruiser #2.M
    Toyota Hiace #1.5m
    Toyota Highlander #950,000
    Toyota Hilux #1.2m
    Toyota Matrix #600,000
    Toyota Prado #2m
    Toyota Rav4 #650,000
    Toyota Sequoia #950,000
    Toyota picnic #570,000
    Toyota Sienna #600,000
    Toyota Tacoma #2.7m.
    Toyota Tundra #2.5M.
    Toyota Venza #3.1M
    Toyota Yaris #900,000
    Volkswagen Golf 2,3,4 #250,000 /#450,000
    Volkswagen Passat #600,000.
    Volkswagen Touareg #600,000
    Acura MDX #1.3
    Acura TL #1M
    Acura ZDX #2M
    Audi A4 #500,000
    Audi A6 #650,000
    BMW 3-Series #650,000
    BMW 5-Series #980,000
    Ford Escape #600,000
    Ford Explorer #900,000
    Honda Baby Boy #500,000
    Honda Accord 03 EOD #860,000
    Honda Civic #500,000
    Honda Crosstour #1.1M
    Honda CR-V #750,000
    Hyundai Accent #950,000.
    Infiniti FX35 #1M
    Infiniti FX45 #1.2M
    Land Rover Discovery #3M
    Lexus ex 300 #800,000
    Lexus Rx330,#900,000
    Lexus Rx350,#1.4m
    Lexus Rx400, #2m
    RANG ROVER SPORT =#2.5M.
    Land Rover LR3 #950,000.
    MERCEDES BENZ DIFFERENT MODEL.
    NOTICE: THE PRICE OF THOSE VEHICLES DEPEND ON THEIR YEAR MODEL.
    ADDRESS =WE ARE LOCATED HERE AT OGUN STATE AT IDIROKO CUSTOM COMMAND BESIDES IKPOKIA LOCAL GOVERNMENT.THANKS FOR PATRONIZING WITH US.(NCS).

  2. Elizabeth Tina

    April 21, 2020 at 1:03 AM

    *GOOD DAY MA/SIR*

    Have you had about LAVITA TRUST FUND ?am not talking about MMM or Ponzi SCHEME

    lavita is a matrix system which give you DOUBLE of your CAPITAL back in (45min) after registration

    LAVITA PACKAGES

    ₦20,000——–₦40,000
    ₦40,000——–₦80,000
    ₦50,000——–₦100,000
    ₦100,000——₦200,000
    ₦200,000——₦400,000
    ₦400,000——₦800,000
    ₦800,000——₦1,600,000
    ₦1,000,000—₦2,000,000

    NOTE: we credit your account after 45min after registeration

    https://api.whatsapp.com/send?phone=+2349036369810

    INTRODUCTION
    Lavita Ricca International is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Ifeanyi Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.

    NO +2349036369810

    ITS SIMPLE HERE!!!!!!!
    We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 100k within 25mins we make profit of 300k then send 200k to you then profit 100k This is not mmm where they merge people to donate for each other
    You pay directly to us and we credit you directly

    https://api.whatsapp.com/send?phone=+2349036369810

    Note:you get credited in less than 45mins

    CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING

    NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem.

Leave a Reply

Your email address will not be published. Required fields are marked *