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Tag: Godwin Emefiele

JUST IN: Emefiele orders banks to dispense old naira notes - Soludo
featured News

BREAKING: DSS arrests Emefiele

The suspended Governor of Central Bank of Nigeria, Godwin Emefiele, has been arrested by the Department of State Services, according to Daily Post.   PUNCH Metro had reported that Emefiele was earlier suspended on Friday by President Bola Tinubu.   Tinubu also appointed Mr Folashodun Adebisi Shonubi as the acting Governor of Central Bank of […]

Focus on agriculture in fight against poverty - Agric expert tells Tinubu
Economy

Tinubu vows to review Emefiele’s naira redesign policy

By Wilson Adekumola   The newly inaugurated President, Bola Ahmed Tinubu has promised Nigerians that he would review the naira redesign policy of his predecessor.   Tinubu made this promise in his inaugural address delivered at the Eagle Square, Abuja.   He also said both new and old currency notes would be treated as legal […]

Emefiele orders banks to dispense old naira notes - Soludo
News

How I visited Dangote refinery more than any other – Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that during the construction of the Dangote refinery, he visited the site the most.   Emefiele said this during his address at the inauguration of the refinery on Monday, at the Dangote Refinery Complex in Ibeju-Lekki, Lagos.   Dangote Refinery complex is established […]

JUST IN: Emefiele orders banks to dispense old naira notes - Soludo
featured Policy and Regulations

Naira crisis: Emefiele’s crime more than electoral fraud, says Soyinka

Nobel laureate, Prof Wole Soyinka, has knocked the Central Bank Governor, Godwin Emefiele, over the hardship that the new naira redesign policy and recent naira notes crisis plunged the entire country into.   Soyinka said this during an interview on Channels TV on Monday, stating that Emefiele’s crime was against humanity and even more than […]

Naira redesign: Emefiele apologies for failed cashless policy
News

Naira redesign: Emefiele apologies for failed cashless policy

    The Governor of the Central Bank of Nigeria, Godwin Emefiele, has apologized for the failed electronic banking transactions which many Nigerians have been subjected to in recent months. According to Channels, Emefiele during a two-day monetary policy committee meeting in Abuja on Tuesday, promised Nigerians that the issues regarding electronic transactions will soon […]

Emefiele orders banks to dispense old naira notes - Soludo
featured

Emefiele orders banks to dispense old naira notes – Soludo

By Christian George The Central Bank of Nigeria has mandated commercial banks to dispense and accept deposits of old N500 and N1000 naira notes. This was made known by the governor of Anambra State, Prof Charles Soludo on Monday via his social media handle. The former CBN governor said commercial banks are to dispense and […]

Ministry nears complete review on Abuja estate linked to Emefiele
News

Old naira: Feb 10 deadline stands, says Emefiele

    The Governor of the Central Bank of Nigeria, Godwin Emefiele, has stated that the February 10 deadline for the old naira stands. According to Daily Trust, he stated this while briefing the diplomatic community at the Ministry of Foreign Affairs in Abuja on Tuesday. “The situation is substantially calming down since the commencement […]

Why CBN won't print naira again - Budget minister
Banking

Naira crisis: CBN to fine banks hoarding new notes

The Central Bank of Nigeria may levy fines of N5 million on banks holding fresh notes and N50,000 against individuals selling them. According to Punch, this was based on the Banks and Other Financial Institutions Act of 2020 as well as the Central Bank of Nigeria Act of 2007. In accordance with the Banks and […]

News

Old naira: Court bars Buhari, Emefiele from extending deadline

    Wilson Adekumola   An High Court of the Federal Capital Territory Monday, issued a restraining order on President Muhammadu Buhari, the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele and 27 commercial banks from suspending the demonization policy of the federal government. The High Court Judge, Justice Eneojo Eneche made the order while […]

featured News

Old naira deposit to continue after deadline – Emefiele

    The Central Bank of Nigeria Governor, Godwin Emefiele, on Tuesday disclosed that commercial banks will continue to accept the deposit of old naira notes after the expiration of the February 17 deadline. He stated this while appearing before the House of Representatives committee on the new naira redesign and naira swap policy. He […]

Emefiele orders banks to dispense old naira notes - Soludo
News

Naira redesign: Reps to issue Emefiele’s arrest warrant Tuesday

Following a unanimous agreement amongst members, the Speaker of the House of Representatives, Femi Gbajabiamila, is expected to sign the warrant of arrest against the Governor of Central Bank of Nigeria, Godwin Emefiele, during plenary on Tuesday.   Recall that, the Chairman of the Committee and the Majority Leader of the House, Alhassan Ado Doguwa, […]

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