CBN RELEASES LICENSED DEPOSIT MONEY BANKS. (PHOTO).

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 CBN releases licensed Deposit Money Banks By Samuel Oamen The Central Bank of Nigeria (CBN) has released a comprehensive list of 44 licensed Deposit Money Banks operating within the country. The apex bank made this public in a post on its official website on Tuesday. According to CBN, seven banks, including Zenith Bank, Access Bank, First Bank, First City Monument Bank, United Bank of Africa, Fidelity, and Guaranty Trust Bank, have Commercial Banking licenses with international authorisation as of April 26, 2024. Also, fifteen banks have commercial banking licenses with National Authorisation. Four banks have commercial banking licenses with regional authorisation and four non-interest banks have national authorisation. The bank said the country has six merchant banks licensed with national authorization. It stated that financial holding companies increased to seven. CBN added that the country has a Mauritius commercial bank representative office. The list comes months after the CBN r

EXTORTION: POLICE ARREST OFFICERS RESPONSIBLE FOR N30M THEFT IN ABUJA. (PHOTO). #PRESS RELEASE


 PRESS RELEASE


EXTORTION: POLICE ARREST OFFICERS RESPONSIBLE FOR N30M THEFT IN ABUJA



As IGP Orders Commencement of Disciplinary Action


Following the recent act of extortion by some officers of the Nigeria Police attached to the Special Tactical Squad in Abuja who extorted a member of the public of the sum of Thirty Million, Three Hundred Thousand Naira (N30,300,000), which was brought to the notice of the Force via the X Platform, the Nigeria Police wishes to reveal and announce that significant progress has been made in apprehending the officers and their accomplices responsible for this unprofessional conduct as the squad who initially escaped upon commencement of investigations have been arrested and are currently in custody.


The Inspector General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, as part of his commitment to upholding the highest standards of integrity and accountability within the Nigeria Police Force, has ordered the commencement of disciplinary proceedings to ensure that justice is served swiftly and decisively. These disciplinary measures underscore the zero-tolerance stance of the Nigeria Police Force towards any form of misconduct or corruption among its ranks. The IGP also emphasized the imperativeness that those found to have violated the trust placed in them by the public face the full consequences of their actions, as such behavior not only tarnishes the reputation of the Force but also undermines the collective efforts to maintain law and order in our country.


The Nigeria Police Force remains resolute in its quest to uphold the highest standards of professionalism, integrity, and accountability. As guardians of public safety and the rule of law, we are deeply committed to ensuring that all officers adhere strictly to ethical conduct and demonstrate staunch integrity in the discharge of their duties. The NPF recognizes that transparency and accountability are paramount in maintaining public trust and will continue to take decisive action against any misconduct within our ranks.


ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI,

FORCE PUBLIC RELATIONS OFFICER,

FORCE HEADQUARTERS,

ABUJA


23rd  February, 2024

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