The Director General of the Department of State Services (DSS) and the DSS has been ordered to immediately grant the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, unrestricted access to his lawyers and family members as it is within his constitutional right. Emefiele was arrested by...
CBN Governor
By EZEKIEL OBI, Abuja – President Bola Tinubu has been urged to remove Mr. Mahmood Yakubu as the Chairman of the Independent National Electoral Commission (INEC). The former President of Nigerian Bar Association (NBA), Olisa Agbakoba, SAN, made the call in a statement on Wednesday by his media aide,...
The Moshood Abiola Polytechnic Abeokuta Muslim Alumni (MAPAMA) has called on the appropriate law enforcement agencies to handle the investigations of the suspended Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, comprehensively and professionally. The association made the call on Wednesday in a statement signed by its...
Dr Samuel Nzekwe, a financial expert, says the suspension of Central Bank governor, Godwin Emefiele, is expected and over due. Nzekwe, a former president of Association of National Accountants of Nigeria (ANAN), made this known in an interview with the News Agency of Nigeria (NAN) on Sunday in Ota,...
By CALLISTUS OFFOR, Abuja – The Department of State Services (DSS) has confirmed that the suspended Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, is currently in its custody for investigative reasons. This is coming barely 3 hours after the secret police debunked having Mr. Emefiele in its...
An economist, Prof. Hassan Oaikhenan, has advised the Federal Government to consider a seasoned policy-oriented economist as the next Governor for the Central Bank of Nigeria (CBN), following the suspension of Godwin Emefiele. Oaikhenan gave the advice in a telephone interview with the News Agency of Nigeria (NAN) on...
A financial expert, Mr Okechukwu Unegbu, says the suspension of erstwhile governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, is a step in the right direction. Unegbu, a past president of the Chattered Institute of Bankers of Nigeria (CIBN) said this in an interview with the...
A Federal High Court, Abuja, on Tuesday, ordered Godwin Emefiele, Governor of Central Bank of Nigeria (CBN), to appear before it on July 19 over a 53 million dollar-judgment debt arising from the Pars Club refund. Justice Inyang Ekwo, who gave the order during the hearing of a suit...
A financial expert, Prof. Uche Uwaleke, says the Ways and Means Advances of the Central Bank of Nigeria (CBN) to the Federal Government is strictly within the purview of the apex bank. Uwaleke, a Professor of Capital Market at the Nasarawa State University, Keffi said this in an interview...
Mrs Mary Fasheitan, the Special Assistant on Payment to the Governor of the Central Bank, says that usage of the digital naira called eNaira currency, will address the scarcity of cash in the country. Fasheitan stated this while sensitising traders and people of the state in Akure to the...
The Association of Northern Agricultural and Allied Commodities Practitioners (ANAACOP) and Central Bank of Nigeria (CBN) has inaugurated farmers programmable money agro e-Naira engagement. The News Agency of Nigeria (NAN) reports that the programme is targeting one million farmers in Northeastern states in 2023 farming season. Mr Godwin Emefiele,...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has increased the Monetary Policy Rate (MPR) to 18 per cent from 17.5 per cent. The CBN Governor, Mr Godwin Emefiele said this on Tuesday when he read the communique issued at the end of the 290th...
By OLA MUDOPE, Osogbo – Osun State Governor, Ademola Adeleke has warned commercial banks in the state to stop issuing old naira notes to customers, if they will not accept it back as deposits. Governor Adeleke gave the warning in a statement issued by his spokesperson, Malam Olawale Rasheed,...
The Central Bank of Nigeria (CBN) has ordered commercial banks across Nigeria to start receiving old N200, N500 and N1000 notes. This was disclosed by Governor Chukwuma Soludo, the Anambra State Governor, via a post on his Facebook page on Monday. He noted that the CBN governor, Godwin Emefiele,...
By EZEKIEL OBI, Abuja – The Governor of Central Bank of Nigeria (CBN) has debunked a news report published in The Nation newspaper of Monday, March 13, 2023 edition, alleging that he has launched a “fresh plot against President-elect, Bola Tinubu. Mr. Emefiele debunked the report in a statement...
An Economist, Dr Tope Fasua, has urged the Central Bank of Nigeria (CBN) to ensure optimally functional internet capacities for the cashless policy be effective. Fasua said this on Sunday in Abuja in interview with the News Agency of Nigeria (NAN). According to him, cashless policy and financial inclusion...
By JOY ADARA, Abuja – The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to reveal plans his administration is taking to obey the recent Supreme Court order on the naira redesign. Last week, the Supreme Court extended the validity of the old N200, N500, and...
Alhaji Sani Abdullahi Shinkafi, chieftain of the All Progressives Congress (APC) in Zamfara, has urged the Federal Government to respect the Supreme Court judgment and allow Nigerians to use the old Naira notes concurrently with the redesigned notes. Shinkafi, who made the appeal while addressing newsmen in Gusau on...
A Senior Advocate of Nigeria (SAN), Mr Richard Ogunwole, on Wednesday, advised Central Bank of Nigeria (CBN) to abide by the Supreme Court’s temporary order halting the move by the Federal Government to ban the use of old naira notes from Feb. 10. Ogunwole, who gave the advice in...
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has promised to provide seamless cash needed for Independent National Electoral Commission (INEC) to prosecute the 2023 general election. The promise was in aftermath of the naira redesign policy of the present administration which restricted the withdrawal of money...