Alleged abuse of office: Emefiele challenges court’s jurisdiction

The suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele on Monday challenged the jurisdiction of an Ikeja Special Offences Court to hear the alleged abuse of office and multi…

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Court remands Emefiele in EFCC custody over abuse of office

A Lagos State Special Offences Court sitting in Ikeja, on Monday, remanded a former Governor of the  Central Bank of Nigeria, CBN, Godwin Emefiele, in the custody of the Economic and Financial Crimes…

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BREAKING: CBN stops use of foreign currencies as collateral for naira loan

The Central Bank of Nigeria has written to all banks in Nigeria to stop the use of foreign currencies as collateral for naira loans. It disclosed this in a circular…

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External reserves slide further to $35bn

The country’s external reserves fell by $112.78m in two weeks to $35.42bn, figures obtained from the Central Bank of Nigeria have revealed. Figures obtained from the CBN’s data on the…

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BREAKING..NLC directs workers to shutdown CBN offices nationwide

The leadership of Nigeria Labour Congress (NLC), on Wednesday directed all its affiliate unions to mobilise for the picketing of all the offices of the Central Bank of Nigeria, including its…

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Why we joined Supreme Court suit to support CBN’s currency swap policy – Edo Attorney General

As the actual party who applied to be joined in the ongoing Supreme Court currency suit, I would wish to make some clarifications. Firstly, it is not true that the…

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Naira redesign design: Buni makes case for rural dwellers

Yobe State Governor Mai Mala Buni has urged the Central Bank of Nigeria (CBN) to reconsider its January 31 deadline for the redesigned naira notes. The governor, who spoke through…

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Court stops Emefiele’s arrest, groups back CBN gov

A Federal High Court sitting in Abuja has reportedly stopped the Department of State Services from arresting the Governor of the Central Bank of Nigeria, Godwin Emefiele, over allegations bothering…

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JUST IN: Fake new naira notes circulate in cities

The new naira notes are already being counterfeited, four days after they were rolled out to the public by the Central Bank of Nigeria (CBN) through the commercial banks, according…

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PDP accuses APC of stealing nation’s fund for election

The Peoples Democratic Party (PDP) has accused the Buhari administration of allowing the “mass looting of public funds to corruptly create a war chest for the APC to intimidate Nigerians…

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