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Tag: Emefiele

Court strikes out N1bn suit against Buhari, Emefiele over Naira redesign
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Court strikes out N1bn suit against Buhari, Emefiele over Naira redesign

The Federal High Court in Abuja has struck out a N1 billion lawsuit filed against former President Muhammadu Buhari and ex-Central Bank of Nigeria Governor Godwin Emefiele over the controversial 2023 naira redesign policy. Justice Inyang Ekwo dismissed the suit on Monday, citing the plaintiff’s failure to properly pursue the case. The suit, filed by […]

Emefiele gets N300M bail in N18.96bn note printing case
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Emefiele gets N300M bail in N18.96bn note printing case

The suspended governor of the Central Bank of Nigeria, Godwin Emefiele, has been granted bail of N300 million in the case concerning the alleged unlawful printing of naira notes. He entered a plea of not guilty before the Federal Capital Territory High Court in Maitama, Abuja, on Wednesday. The Economic and Financial Crimes Commission brought […]

CBN Forged Buhari, Ex-SGF’s signatures To Move $6.2m - Expert
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CBN Forged Buhari, Ex-SGF’s signatures To Move $6.2m – Expert

A forensics expert, Bamaiyi Meriga has confirmed that the documents used in paying foreign observers in the 2023 elections were forged. He made this statement in the ongoing trial of the former Central Bank of Nigeria Governor, Godwin Emefiele, before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja. The witness, called […]

Abuja court gives DSS one week to charge Emefiele or release him
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Abuja court gives DSS one week to charge Emefiele or release him

Juliet Buna A Federal Capital Territory High Court sitting in Abuja has ordered the immediate release of former Governor of the Central Bank of Nigeria, Godwin Emefiele, from the custody of the Department of State Security, DSS. The presiding judge, Justice Hamza Muazu, while ruling on the allegation of violation of his fundamental human rights […]

The old 500 and 1000 naira noted
Business

Banks collect old N500, N1000 despite CBN order

Wilson Adekumola Some commercial banks on Saturday morning were reportedly collecting the old N500 and N1,000 notes from customers despite the order of the Central Bank of Nigeria order. This came barely 24 hours after the CBN debunked the rumours that it had instructed commercial banks to collect the old N5,00 and N1,000 notes from […]

Emefiele orders banks to dispense old naira notes - Soludo
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Emefiele ready for MPC after resumption – CBN

The Central Bank of Nigeria has confirmed that its governor, Godwin Emefiele, is fully focused on the first Monetary Policy Committee meeting of the year 2023 amid rumoured arrest attempt made by the Department of State Services. The apex bank made this known in a statement released on Monday by its Director, Corporate Communications, Osita […]

How more taxes'll reduce debt load - FG
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CBN didn’t consult FG on new naira notes – Minister

The Federal Government has stated that is had prior knowledge about the Central Bank of Nigeria plan to redesign the N100, N200, N500 and N1000 naira notes. According to Vanguard, the Minister of Finance, Budget and National Planning , Zainab Ahmad, stated that if done, the move would cause great consequences for the nation and […]

Femi Gbajabiamila
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Reps summon Sylva, Kyari, Emefiele over subsidy probe

Speaker of the House of Representatives, Femi Gbajabiamila, has knocked the Minister of State, Petroleum Resources, Timipre Sylva; Minister of Finance, Budget and National Planning, Zainab Ahmed; and Governor of the Central Bank of Nigeria, Godwin Emefiele; over their failure to appear before an Ad Hoc Committee on the Volume of Fuel Consumed Daily in […]

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