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Emefiele

ACJHR absolves Emefiele of procurement, contract allegations

Emefiele, court

…says suspended CBN Gov innocent of Procurement Act breach, unfair advantages in contract award A civil society organisation (CSO), African Center for Justice and Human Rights (ACJHR), has said that the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, was innocent of the fresh allegations of breach of Procurement Act and unfair […]

Tinubu’s govt files 20 fresh charges against Emefiele

Emefiele

The federal government has filed 20 fresh charges against the suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The Bola Tinubu-led government, on Tuesday, also applied to withdraw the “illegal possession of firearms” case it filed against Emefiele at the Federal High Court sitting in Lagos. The Director of Public Prosecutions at […]

Court grants Emefiele bail after weeks in DSS custody

Emefiele

A Federal High Court in Lagos has granted bail to suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele in the sum of N20 million. POLITICS NIGERIA reports that Justice Nicholas Oweibo, the presiding judge, ruled on Tuesday that the charges against Emefiele are bailable. The bail was granted with one surety in like sum. […]

‘Emefiele currently not with us’ – DSS

Emefiele, court

The Department of State Services, DSS, has said the suspended Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele is currently not under its custody. Reports of Emefiele’s arrest had emerged shortly after he was suspended by President Bola Tinubu Emefiele was suspended “sequel to the ongoing investigation of his office and the planned […]

Emefiele: Arewa Youth Assembly cautions Tinubu against advice by Matawalle

Emefiele, Tinubu

Commends CBN for Naira redesign policy BY TOSIN ADAMS The Arewa Youth Assembly has cautioned President-elect, Asiwaju Bola Ahmed Tinubu against hobnobbing with characters like the outgoing governor of Zamfara State, Bello Matawale, insisting that the governor’s recent statement calling on President Muhammadu Buhari to cancel an alleged application for study leave by Emefiele was […]

Nigeria’s export proceeds up by 40% to $5.6bn in 2022-Emefiele

Emefiele, court

BY MOTOLANI OSENI The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said that export proceeds repatriation into the country increased by 40 per cent from three billion dollars in 2021 to 5.6 billion dollars at the end of 2022. Emefiele said this at the Bi-annual RT200 Non-Oil Export Summit with the […]

Atiku, Emefiele, Okowa targeted Tinubu with Naira swap crisis – Senator Adeyemi

Okowa

By Haruna Salami Presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, his running mate, Governor Ifeanyi Okowa of Delta State and the CBN Governor, Godwin Emefiele are allegedly behind the current cash crunch crisis caused by Naira redesign policy of the Central Bank of Nigeria (CBN). The senator representing Kogi West senatorial […]

Emefiele strategises with 15 bank CEOs on distribution of notes

Emefiele

The President’s directives during his speech Thursday morning may have activated some actions in the monetary sector as the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that he has met with 15 heads of commercial banks to ease the scarcity of the Naira. Emefiele assured that the old N200 notes will […]

Naira Redesign: No one ‘ll lose money, Emefiele assures HoR Committee

Emefiele, court

…insists on February 10, 2023 date for Legal Status By Tom Okpe Governor of the Central Bank of Nigeria, (CBN) Godwin Emefiele, has assured Nigerians that non will lose money under the Naira redesign and swap, saying that the excercise is in the overall interest of Nigerians and national economy. Emefiele gave the assurance in […]

Banks will continue to accept old naira notes after deadline – Emefiele

Emefiele

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said banks will continue to accept old naira notes after the February 10 deadline. Emefiele added that the apex bank will also continue to collect the old naira notes from commercial banks after the stipulated deadline. He made this known during his appearance […]

Reps summon bank operators, CBN gov over scarcity of new naira notes

Emefiele, CBN

The House of Representatives has summoned bank operators and the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on the scarcity of the new naira notes. The News Agency of Nigeria (NAN) reports that the bank operators are to appear on Wednesday, while the CBN governor will appear on Thursday. This is sequel […]

$53m debt: Emefiele asks A’Court to set aside Judgment summons

CBN, Bank, Emefiele

By Andrew Orolua The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has asked the Abuja division of the Court of Appeal to set aside an order of a Federal High Court compelling his appearance in a $53 million judgment debt proceedings. A legal practitioner, Joe Agi, SAN, had obtained a judgment […]

‘Nigeria risk being blacklisted by global finance bodies over DSS allegations against Emefiele’

Emefiele, court

.As British MP flays attempt by DSS to frame CBN Gov for trumped up terrorism charge The Center for Financial Surveillance and Illicit Transaction Tracking Group (CSITT) has raised alarm of a looming consequences to the DSS unprovoked attack on the Central Bank Governor, Godwin Emefiele over the new withdrawal policy. The group in a […]

DSS Indictment: Groups issues 24 hour ultimatum to CBN Governor, Emefiele

CBN, Bank, Emefiele

*Calls for his immediate resignation By Doosuur Iwambe Pro-democracy groups Stand Up For Nigeria, and the National Conscience Movement have issued a 24- hour ultimatum to theGovernor of Central Bank of Nigeria (CBN), Godwin Emefiele calling for his immediate resignation. The groups made the demand at a joint press conference held in Abuja on Tuesday, […]

Over 2000 CSOs Back Emefiele’s Reforms, Hit Kazaure Over Alleged N89trn Stamp Duty Fraud

CBN, Bank, Emefiele

….blast CBN Gov’s critics, say they’re caught by reform policies …urge Nigerians to discard cheap blackmails Over 2000 Civil Society Organizations, CSOs, under the auspices of Coalition of Civil Society Organizations on Good Governance, CCSGG, Thursday, blasted critics of the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, on lies and founded allegations. The […]

Alleged N89.1trn stamp duty collection: Presidency defends Emefiele, says Kazaure’s cttee illegal

CBN, Bank, Emefiele

The Presidency has dismissed as fake and untrue that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, could not account for about N89.1 trillion the CBN collected as Stamp Duty charges. The News Agency of Nigeria (NAN) reports that a member of the House of Representatives from Jigawa, Gudaji Kazaure, in a […]

Banks now have the new Naira notes-Emefiele

Emefiele

*About N1trn current notes pulled back into the bank’s vaults *1.4million super agents across Nigeria to deepen cashless policy *As CBN may increase the cash withdrawal amount By Motolani Oseni Ahead of the December 15th, 2022 date set for Nigerians to have access to the newly redesigned Naira notes, the Governor of the Central Bank […]

We’ll make withdrawal of huge cash unattractive – Emefiele

Emefiele, court

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says with the introduction of the redesigned Naira notes, no individual or organisatiin will be allowed to withdraw huge cash without being interrogated from relevant anti-corruption agencies. Emefiele stated this when he fielded questions from State House correspondents on Wednesday in Abuja. The News Agency […]

Buhari to unveil redesigned naira today, says Emefiele

Emefiele, court

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says President Muhammadu Buhari will unveil new N200, N500, and N1,000 banknotes at the Federal Executive Council (FEC) meeting today (Wednesday). Speaking to newsmen after the Monetary Policy Committee (MPC) meeting on Tuesday, Emefiele said the unveiling of the redesigned naira notes was […]

One-third of world economy in recession – Emefiele

Emefiele

By Tom Okpe The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has stated that about one-third of the world economy is currently in recession due to damaging effects of ‘Covid-19 pandemic and the ongoing war between Russia and Ukraine. Emefiele, who made this known on Monday while addressing Foreign Affairs and Aviation stakeholders at […]