Dr Muda Yusuf, Founder, Centre for the Promotion of Private Enterprises (CPPE) says a further extension by six months is not ideal for old naira notes to be phased out of circulation. Yusuf said this on Sunday in Lagos while reacting to the 10-day extension to the Jan. 31...
CBN Governor
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,...
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...
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...
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....
President Muhammadu Buhari in the course of the week received briefing from the embattled Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, in the Presidential Villa Abuja. The News Agency of Nigeria (NAN) reports that the CBN governor updated the president on the activities of the...
The Governor of the Central Bank of Nigeria (CBN) on Thursday in Abuja updated President Muhammadu Buhari on the activities of the bank. The News Agency of Nigeria (NAN) reports that the CBN governor, who briefed the president, had earlier on Thursday morning attended a meeting between the president...
By EZEKIEL OBI, Abuja – The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has resumed duty at the apex bank’s headquarters in Abuja on Monday after spending his annual leave abroad. Mr. Emefiele had been out of the country since December, 2022, amidst certain accusations...
By EZEKIEL OBI, Abuja – The Department of State Service (DSS), has debunked reports making the rounds on social media that its operatives arrested the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, Monday afternoo Spokesman of the DSS, Dr Peter Afunanya, denied the report in a...
The operatives of the Department of State Security (DSS)have taken over the office of Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN, at the headquarters of the apex bank. The embattled CBN governor has been having a running battle with DSS over alleged terrorism financing. DSS had...
Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, says the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has not returned to the country following allegations of terrorism financing levelled against him by the Department of State Services (DSS). “I can say without any fear...
A rights activist, Mr Meliga Godwin, has dragged the Department of State Services (DSS) to a Federal Capital Territory (FCT) High Court, over alleged illegal arrest and detention constituting a breach of his fundamental rights. Godwin, the President of Middle Belt Youth Forum, on Dec.19, 2022 addressed the media,...
e Central Bank of Nigeria (CBN) has urged the National Assembly to support its implementation of transformational payments and financial industry initiatives in line with the mandate of the apex bank. The CBN Governor, Mr Godwin Emefiele, made the call in his briefing to the House of Representatives plenary...
President Muhammadu Buhari on Tuesday met behind closed door with the Speaker of the House of Representatives, Femi Gbajabiamila, at the Presidential Villa, Abuja. Speaking to State House correspondents at the end of the meeting, the speaker said he discussed various national issues with the president, including next year’s...
Federal High Court in Abuja has prevented the Department of State Services (DSS) from arresting and detaining the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Justice JT Tsoho who declined the motion ex parte — filed by an applicant in the absence of the respondent — informed that...
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the apex bank is committed to ensuring financial system stability and improving access to credit. Emefiele spoke in a recorded address to the 2022 edition of the apex bank’s Development Finance Department (DFD) Retreat in Abuja...
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the newly redesigned Naira notes are already in banks and ready for issuance. According to a statement in CBN’s official twitter handle, Emefiele said so in Daura while on a visit to brief President on the...
. The Central Bank of Nigeria (CBN) has restated its commitment to protect interests of millions of unbanked and underserved Nigerians, who mostly reside in the rural areas. The apex bank made this known on Sunday, in a statement by its Director, Corporate Communications, Mr Osita Nwanisobi, against the...
The Central Bank of Nigeria (CBN) said on Tuesday in Lagos that it would take decisive steps to ensure that Nigeria operated a 100 per cent cashless economy. Mr Godwin Emefiele, CBN Governor, made the assertion at the first year anniversary of the Central Bank Digital Currency, the eNaira....