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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, […]

Appeal Court overturns Emefiele’s asset forfeiture order
Economy

New naira: No reason to shift Jan 31 deadline, says CBN

Oluwanifemi Ojo   The governor of Central Bank of Nigeria has again stated that the deadline for phasing out the old note remains January 31.   This was said in a video from the just concluded Monetary Policy Committee held on Saturday. The video was posted on the verified Twitter page of CBN stating that […]

News

CBN gov Emefiele visits Buhari at state house

  The Central Bank of Nigeria Governor, Godwin Emefiele, on Thursday visited the President, Major General Muhammadu Buhari (retd.), at the State House, Abuja. The visit is considered the second of the governor of Nigeria’s apex financial institution since he returned to Nigeria following on January 12, 2022. The embattled CBN head was a member […]

100% cashless economy possible in Nigeria - Emefiele
News

Emefiele back to CBN HQ after police saga

The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, is in his office and going about his business, the apex bank has said. This CBN said this in response to online reports that heavy police presence was observed at his residence in Maitama, Abuja on Tuesday night. The spokesperson for the apex bank, Mr […]

Appeal Court overturns Emefiele’s asset forfeiture order
News

Police storm Emefiele’s Abuja residence

Oluwanifemi Ojo Operatives of the Nigeria Police Force reportedly stormed the Abuja residence of the Central Bank Governor, Godwin Emefiele, The PUNCH reported. AMBusiness reports that this is coming about 24 hours after the operatives of the Department of State Services stormed the CBN governor’s office, following his return to the country on Monday after […]

News

CBN’s problem is not Emefiele, says Obi

The Presidential Candidate of the Labour Party, Peter Obi, has stated that the problem of the Central Bank of Nigeria is not with its president, Godwin Emefiele. Obi, while speaking at the Chatham House in London on Monday stated that if elected as the president of Nigeria in the 2023 presidential election, he will ensure […]

News

Emefiele: Our stance won’t be compromised, vows SSS

The State Security Service has vowed not to compromise its stance on enforcing good economic policies in support of the President, Major General Muhammadu Buhari’s (Ret’d.) regime.   The SSS disclosed this in a statement by its spokesperson, Peter Afunaya, in response to protests against its plan to detain the Central Bank Governor, Godwin Emefiele, […]

Banking

VIDEO: Nigerian banks dispense new naira notes

Commercial banks have started dispensing the newly redesigned naira notes to over-the-counter customers.   Channels Television, on Thursday, reported that some banks in major cities across the country have begun dispensing the new notes to customers over the counter. The Governor of the Central Bank of Nigeria, Godwin Emefiele, had on October 26, said the […]

News

Suspend new cash withdrawal limit, Reps order CBN

  The House of Representatives has directed the Central Bank of Nigeria, to stop the January 9, 2023, implementation of the new cash withdrawal policy. This is based on a motion of urgent public importance moved by a member of the House, Aliyu Magaji, at the plenary on Thursday. Recall that the apex bank had […]

Emefiele orders banks to dispense old naira notes - Soludo
Economy

Inflation: CBN raises interest rate to 16.5%

The Monetary Policy Committee of the Central Bank of Nigeria have voted to increase the benchmark interest rate by 100 basis points to 16.5 per cent, the highest since 2001.   The CBN Governor, Godwin Emefiele, disclosed this while reading the communique of the last MPC meeting of the year on Tuesday.   The MPC […]

Appeal Court overturns Emefiele’s asset forfeiture order
Banking

CBN to introduce new laws against financial system threats

The governor of the Central Bank of Nigeria, Godwin Emefiele, has stated that the apex bank will create a set of new and revised laws, rules, and regulations to tackle threats against the financial service system. These development, he said, would address potential violations, change the incentives for the private sector, and restructure the market […]

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