Tag Archives: Ban

No ban on domiciliary accounts deposits – CBN

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The Central Bank of Nigeria has said that it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks.

In a statement on Sunday, the Director, Corporate Communications, CBN, Isaac Okorafor, clarified the uncertainties surrounding the operations of domiciliary accounts in Nigeria.

 He

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Okada ban: Several injured as policemen, riders clash in Lagos

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There was pandemonium in Lagos on Monday as motorcycle and tricycle riders protested against the ban on their operations in 15 council areas by the state government.

Our correspondents gathered that the protests held in Ijora, Apapa, Ikeja, Maryland, Lagos Mainland, Yaba and Oyingbo areas of the metropolis.

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The Lagos State Police Command says it has impounded 188 motorcycles and 78 tricycles as well as arrested 40 persons for refusing to comply with the ban on motorcycles and tricycles in certain areas by the state government.

The state Police Public Relations Officer, Bala Elkana, said in a statement

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