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...
CBN Governor
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...
President Muhammadu Buhari on Tuesday met with the leadership of the Nigeria Governors Forum (NGF) and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the State House, Abuja. The News Agency of Nigeria (NAN) reports that the president had earlier scheduled to meet with all...
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,...
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...
…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...