The Concerned Stakeholders Forum All Progressives Congress (APC)has alleged that some government appointees are sabotaging the administration of President Muhammadu Buhari. Mr Dominic Alancha Convener of the forum said this at a news conference on Saturday in Abuja, Alancha supported the claim by Gov. Nasir El-Rufai of Kaduna State,...
Godwin Emefiele
The Arewa Youth Consultative Forum (AYCF) on Saturday urged the Peoples Democratic Party (PDP) to stop playing politics with the new Naira policy and challenges Nigerians faced in accessing the new notes. Alhaji Yerima Shettima, the National President of the AYCF, in a statement on Saturday in Lagos, frowned...
President Muhammadu Buhari says he will interrogate the Central Bank of Nigeria (CBN) and other government agencies involved in the printing and distribution of new Naira notes in the country. Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity in a statement, said the...
By HARUNA AHMED, Sokoto – The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has been asked to resign within 72 hours or face legal action. A group, known as the Concern Citizens of Sokoto State (CCSS) made the call in a letter dated Feb. 2, which...
The All Progressives Congress (APC) Presidential Campaign Council (PCC) says the Central Bank of Nigeria (CBN) naira re-design is ill timed. Mr Bayo Onanuga,Director, Media and Publicity APC PCC said this in a statement on Friday in Abuja. “The naira re-design policy has become a burden too heavy to...
Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) has directed commercial banks to begin the payment of the redesigned naira notes over the counter. Emefiele gave the directive in a statement posted on the CBN Website on Thursday and signed by the Director, Corporate Communications, Mr Osita Nwanisobi...
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has urged lawmakers and Nigerians to show understanding, adding that the apex bank was out to combat the incidence of insecurity in the country. Emefele made the call in Abuja on Tuesday before the House of Representatives’ fact finding...
…Stands on February 10, 2023 Deadline for Legal Status of Old Banknotes The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has assured that no Nigerian will lose money under the Naira redesign project, adding that the project is in the overall interest of Nigerians and...
Mixed reactions have trailed the Central Bank of Nigeria (CBN) extension of the deadline for collection of old naira notes by 10 days. Some Nigerians who spoke in separate interviews with the News Agency of Nigeria (NAN) on Sunday in Lagos, commended the CBN for the extension, while others...
The House of Representatives Ad-hoc Committee on New Naira Re-design and Naira Swap Policy has rejected the 10 days extension announced by the Central Bank of Nigeria (CBN) for the exchange of old naira notes. The Chairman of the committee, Rep. Ado Doguwa (APC-Kano), in a statement on Sunday,...
President Muhammadu Buhari on Sunday in Daura, Katsina State, approved a 10-day extension of the deadline for the swapping of currency to new notes. The News Agency of Nigeria (NAN) reports that the Governor of the Central Bank of Nigeria (CBN), who confirmed this to newsmen in Daura, Katsina...
Prof. Joshua Alobo has approached the Federal High Court, Abuja, praying the court to stop the Central Bank of Nigeria (CBN) from insisting on the Jan. 31 deadline for using the old naira notes. Alobo, in the suit marked: FHC/ABJ/CS/114/2023, also prayed the court to make an order extending...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Thursday, unveiled an African Central Bank led National Domestic Card Scheme (AfriGO) to address local peculiarities. At the event, which was monitored virtually, Emefiele said the new card would be accessible to all Nigerians and is expected...
To support Nigeria’s upcoming elections the US State Department has announced visa restrictions for those involved in undermining democracy It has now been over a week since the embattled Governor of Nigeria’s Central Bank, Mr. Godwin Emefiele, returned to his country on Monday, January 16, 2023, and apart from...
The Central Bank of Nigeria (CBN) says it has collaborated with the Nigerian Inter-Bank Settlement Systems (NIBSS) to launch the National Domestic Card Scheme ‘AfriGo’ to transform the Nigerian payment system. The Governor of the CBN, Godwin Emefiele made this known on Thursday at a virtual launch of the...
The Central Bank of Nigeria (CBN) has denied scarcity of the new naira notes as alleged by some Nigerians. The CBN Governor, Godwin Emefiele, represented by Musa Jimoh, Director, Payment System Management Department of the bank, denied the allegation in a news conference on in Jos. ”The CBN has...
The Senate has urged the Central Bank of Nigeria (CBN) to extend the withdrawal date of the old naira notes from Jan. 31 to July 31. The upper chamber also urged the CBN to open an exchange window where people that don’t have bank accounts to deposit their old...
At some point later today, January 24, the Governor of the Central Bank of Nigeria, Godwin Emefiele is bound to be back in the news as the CBN’s Monetary Policy Committee (MPC) concludes its 289th meeting and offers its position on the future direction of the country’s macro-economic environment....
As the Central Bank of Nigeria (CBN) holds its first Monetary Policy Committee (MPC) meeting on Monday, some financial experts have suggested retention of current policy rates. Speaking in separate interviews with the News Agency of Nigeria (NAN), they said that such policy stance would allow for market stability...