DAMIMOLA OLAWUYI On the 11th of November 2025, a video surfaced on social media of a confrontation between the Minister of the Federal Capital Territory (FCT), Barr. Nyesom Wike, his entourage, staff of the Abuja Geographic Information Systems (AGIS) and a group of military personnel led by Lt. AM Yerima of the Nigerian Navy. The […]
Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Friday, November 21, 2025, adjourned a forensic inspection of Exhibit I in the ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, over an alleged $4.5 billion fraud to January 5 and 8, 2026. The inspection follows the prosecution […]
.Says CBN to slightly review amounts .HoR summons Emefiele, wants CBN to suspend policy By Ukpono Ukpong and Tom Okpe The Governor, Central Bank of Nigeria, Godwin Emefiele, has said that there is no going back on the cashless policy introduced by the bank. Emefiele stated this yesterday when he visited President Muhammadu Buhari in […]
The Peoples Democratic Party (PDP) on Thursday demanded the immediate resignation and prosecution of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, going by allegations by the All Progressives Congress (APC) that he superintended over massive looting of funds in the apex bank. The party made the call in a statement by […]
President Muhammadu Buhari, has been urged to sack Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN. Deji Adeyanju, popular human rights activist, said Emefiele was destroying Nigeria’s economy. Adeyanju claimed that the CBN governor was destroying Nigeria’s economy through his bad monetary policies. In a tweet, the convener of Concerned Nigerians lamented the […]
The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday, disclosed that at the end of June 2021, commercial banks in Nigeria refunded N89.2 billion to customers over complaints. The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday, disclosed that at the end of June 2021, commercial banks […]
Motolani Oseni A renowned financial expert and the Managing Consultant, BIC Consultancy Services, Dr Boniface Chizea, has extolled the good qualities of the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, for his persistent commitment to the economic growth and development of Nigeria’s economy. In his tribute to the hard-working CBN governor, […]
…vows to resist importation of maize in Nigeria PHILIP CLEMENT, ABUJA The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged youths in Nigeria to embrace agriculture, declaring the Bank’s readiness to support youths that are willing to engage in agriculture. This is even as the Governor reiterated the Bank’s opposition to the […]
Tunde Opalana and Kamarudeen Ogundele, Abuja The Senate on Thursday summoned the Governor of the Central Bank of Nigeria (CBN), Dr Godwin Emefiele and Director General of Securities and Exchange Commission (SEC), Lamido Yuguda, over the ban on cryptocurrency. The CBN while explaining why it banned cryptocurrency-related transactions in the country, had claimed the digital […]
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari; and the Governor of the Central Bank of Nigeria, Godwin Emefiele have been summoned by the House of Representatives over non-remittance of $19.25bn (approximately N3.24tn) revenue that accrued from sales of crude oil in 2014. Chairman of the House Committee on Public […]
By Motolani Oseni The currency swap conducted between Nigeria and the People’s Bank of China (PBoC) in the last two years, now stood at CNY1.45billion, the Central Bank of Nigeria (CBN) has revealed. The Bi-lateral Currency Swap Agreement (BCSA) with the PBoC, the fortnightly auction of Chinese Yuan via the Retail SMIS window was sustained […]
By Philip Clement, Abuja The Monetary Policy Committee of the Cemtral Bank has reduced Monetary Policy Rates (MPR) by 100 basis points from 12.5% to 11.5% . READ ALSO: CBN probes 71 companies for suspected forex deals CBN governor, Godwin Emiefele made this known while addressing the media on the outcome of the two day […]
The House of Representatives has said that a petition will be sent to President Muhammadu Buhari over failure of the heads of ministries, departments, and agencies of the Federal Government to appear before the house. The House Committee on Public Accounts at its investigative hearing on Wednesday, August 5, said that they were summoned to […]
The Central Bank Governor of Nigeria, Godwin Emefiele is no guest to corruption allegations and administrative malpractice. An investigation has revealed that the CBN governor had flaunted the state lockdown rules when he flew his wife, Margaret Emefiele and two sons, Godwin Pammichukwu Jnr. and Andrew Olisehike Emefiele on Dangote owned Executive Jet Services at […]
…To support 12 local pharmaceutical coys to fight Coronavirus In order to curtail the impact of Coronavirus in the country, the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has said the apex bank in collaboration with Bankers Committee are set to revamp the nation’s economy with N3.5 trillion intervention funds. This is just […]
The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele has said commercial banks exposure to the private sector increased by N2 trillion between May and December of 2019. The apex bank last year had mandated commercial banks to maintain 65 per cent Loan-to-Deposit Ratio (LDR). Following the CBN policy on LDR, leading commercial banks […]
…Says ‘Protectionist’ policies are for Nigeria’s economic prosperity …Bemoans low banks’ lending to key sectors of the economy The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, says the apex bank is focused on delivering improved and sustained economic policies for the country in the 2020 fiscal year. The CBN Governor also noted that only […]
When news broke recently that the Godwin Emefiele led Central Bank of Nigeria (CBN), in partnership with the Bankers Committee was going to give the National Theatre, Iganmu, a facelift, the announcement was greeted with a mixed grill of scepticism and optimism for the singular reason of the nuance of a seeming interference and not […]
The Attorney-General of the Federation Abubakar Malami, has led a team of delegates to the UK alongside the Governor of Central Bank of Nigeria Godwin Emefiele to represent the federal government in meeting with the some international media over the 9.6billion debt involving the process and industrial development Limited (P&ID) The meeting follows the award […]
Our correspondent Following Daily Times investigative report on Monday, President Muhammadu Buhari has directed the Economic and Financial Crimes Commission (EFCC), the National Intelligence Agency (NIA) and the Inspector General of Police to conduct a thorough investigation into how Process and Industrial Developments Limited (P&ID) arrived at a whopping $9.6 billion judgment debt against Nigeria. […]