CBN suspends cheque clearing nationwide – With effect from today, the Central Bank of Nigeria (CBN) has suspended the clearing of all cheque instruments in the Nigerian clearing system.
A circular signed and sent out to all Deposit Money Banks and the Nigeria Internal Settlement System (NIBSS) by the CBN on Monday stated that “no fresh cheque instrument will be allowed to pass through clearing system on March 31, 2020.”
“Only returned cheques would be treated on the said date.”
The circular with reference identity REF: BKS/DIR/GEN/CIR/07/002 signed by Sam C Okojere, Director Banking Services Department attributed the decision to “recent developments and in furtherance to the Bank’s efforts to ensure hitch free clearing and settlement activities.”
The recent developments he referred to was President Buhari’s nation wide broadcast on Sunday where he announced a lockdown in Lagos, Ogun states and Federal Capital Territory for two weeks in the interim starting from 11pm of March 30th, 2020 as a means of combating the spread of the Corona virus and to ensure the safety of all Nigerians.
However, the circular noted that “settlement activities for electronic instruments will continue to hold during this period of suspension.”
In another development, the Central Bank of Nigeria has released the list of financial institutions that have been granted exemption to be seen outside during two weeks lockdown in Lagos, Ogun and the FCT.
They are staff of: the Central Bank of Nigeria (CBN); Deposit Money Banks (DMBs); the Nigeria Interbank Settlement System (NIBSS) Plc; Switching companies; Mobile money operators and Payment solution service providers.
Consequently, relevant security agencies have been requested to grant passage to critical staff of these institutions to enable essential and strategic financial transactions to go undisrupted during the period of the lockdown.
According to the CBN, “in view of the ongoing restrictions and in order to check further spread of the corona virus disease, the CBN hereby urges the general public to limit their use of cash and avail themselves of the use of alternative payment channels such as mobile banking, Internet banking, Mobile money, Point of Sale, and USSD.
It assured the public that “financial institutions will remain operational during this period and therefore should guard against panic withdrawals from their banks.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Financial Watch. Every investment and trading move involves risk. You should conduct your own research when making a decision.
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Toyota Sequoia #950,000
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Audi A6 #650,000
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Land Rover Discovery #3M
Lexus ex 300 #800,000
Lexus Rx330,#900,000
Lexus Rx350,#1.4m
Lexus Rx400, #2m
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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)📞
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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.
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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
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*Good morning MA, thank you for double my money for me, I’m so impressed to see a huge amount on my account this morning, God bless you MA, I promise to invite more people to the platform so that they will also be a beneficiary of the program, God bless you once again MA.*
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YEAR:- 2008
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*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