Central Bank of Nigeria (CBN) has injected N5.21 trillion into the banking system between August 4 and August 11, 2026, ahead of its N700 billion Nigerian Treasury Bills (NTB) auction scheduled for Wednesday. According to financial data published by the apex bank, the liquidity injection was largely driven by...
CBN Governor
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, are set to headline the 7th Africa Emerging Markets Forum, scheduled to take place in Abuja. The two prominent economic leaders will feature in a high-level fireside...
Central Bank of Nigeria (CBN) on Monday July 21 told the House of Representatives ad-hoc committee investigating the controversial Presidential Foreign Investment Promotion Council (PFIPC) that it opened two foreign currency accounts for the council based on a directive from the Office of the Accountant-General of the Federation (OAGF)....
Supreme Court on Friday, July 17, 2026 affirmed the final forfeiture of seven landed properties, the sum of $2,045,000 (Two Million, Forty-Five Thousand United States Dollars) and share certificates linked to a former Governor of the Central Bank of Nigeria, Godwin Emefiele, to the Federal Government of Nigeria. In...
Justice Hamza Muazu of the Federal Capital Territory (FCT), High Court sitting in Abuja has summoned former Executive Officer, Financial Reporting Council of Nigeria (FRC), Jim Obazee and a Commissioner of Police, Eloho Okpoziakpo to appear before him on Tuesday, April 28, 2026 as prosecution witnesses in the ongoing...
Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) that both organisations said would safeguard consumers against fraud while opening opportunities for them to leverage the potentials of the telecommunications and financial sectors. The MoU was signed as NCC and...
FCT High Court sitting in Abuja has fixed 10 additional days to conclude the trial of the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over alleged corruption linked to the naira redesign exercise. Justice Maryanne Anenih fixed the dates following an agreement between counsel to...
House of Representatives has directed the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before its Committee on Public Accounts following revelations of more than ₦5 trillion in unremitted operating surplus and ₦11 trillion in revenues linked to the Remita collection system. The decision came...
Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, has inaugurated the new Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF), reaffirming the Bank’s commitment to strengthening Nigeria’s agricultural sector. He highlighted the Scheme’s vital role in de-risking agricultural lending since 1977 and called for a more innovative,...
Former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has strongly dismissed a report by SaharaReporters alleging that he was listed among individuals linked to terrorism financing in the country. In a statement released on Saturday, December 6, 2025, Emefiele said his attention was drawn to...
Senate on Thursday demanded full transparency from the Central Bank of Nigeria (CBN) over an alleged failure to remit ₦1.44 trillion in operating surplus—an inquiry that came just as the apex bank declared that the Nigerian economy had entered its most stable period in more than ten years. During...
A prosecution witness, Alvan Gurumnaan, in the ongoing trial of a former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, and Henry Omoile, over an alleged $4.5bn fraud, has told Justice Rahman Oshodi of Special Offences Court sitting in Ikeja, Lagos that Omoile did not make his...
Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Friday, November 21, 2025, adjourned a forensic inspection of Exhibit I in the ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, over an alleged $4.5 billion fraud to January 5 and 8,...
An Abuja High Court presided over by Justice Hamza Muazu has scheduled November 27 to rule on whether a key prosecution witness can testify in the ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Emefiele is currently facing trial in case number CR/577/2023, filed by...
In a move aimed at enhancing collaboration and capacity building in central banking, the Central Bank of Nigeria (CBN) and the Bank of Angola on Thursday signed a Memorandum of Understanding (MoU) to promote bilateral cooperation. The agreement was formalised in Washington D.C., on the sidelines of the IMF/World...
Nigeria’s trade surplus has risen to six percent of the country’s Gross Domestic Product (GDP), according to the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso. Cardoso disclosed this while speaking at the ongoing IMF/World Bank Group Annual Meetings in Washington, D.C., where he is leading Nigeria’s...
A WhatsApp conversation allegedly linking former Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, to a $4.5 billion fraud scheme has been admitted as evidence by an Ikeja Special Offences Court. Despite objections from the defence team, Justice Rahman Oshodi admitted the chat logs—presented by the Economic and...
Ikeja Special Offences Court has postponed its ruling on the admissibility of digital evidence presented by the Economic and Financial Crimes Commission (EFCC) in the ongoing corruption trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Justice Rahman Oshodi fixed October 9 for the decision after listening...