He once rioted in untidy hubris of power, puffing and huffing, daring a trampled people to engage him, frightening in that great repose of seemingly infallible authority. He was a cruel and crude partisan who stood in judgement of others, arbitrating in a cause where he stood to gain, pronouncing judgement in primitive fervor when he ought to be collared …

Former federal lawmaker, Senator Shehu Sani has urged the Federal Government to conduct an independent probe of the Central Bank of Nigeria (CBN) and its suspended governor, Mr. Godwin Emefiele. In a statement on Twitter on Saturday, Sani, a member of the eighth Senate,  alleged that the embattled ex-CBN governor ran the apex bank as an “Automated Teller Machine of …

The Department of State Services (DSS) has said that the suspended Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele is now in its custody. A statement via the agency’s Twitter handle on Saturday read: “The Department of State Services (DSS) hereby confirms that Mr Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria is now in its …

President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr. Godwin Emefiele from office with immediate effect. A statement by the Director of Information in the Office of the Secretary to the Government of the Federation, Mr. Willie Bassey explained that the action was “sequel to the ongoing investigation of his office and the planned reforms in the financial …

The Federal High Court in Abuja has again summoned the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele over a $53 million judgement debt arising from the Paris Club refunds. Justice Inyang Ekwo insisted on Tuesday that the court would not hear Emefiele’s motion for stay until he appears before it. The case started due to an …

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the interest rate by 18.5 per cent to 20.5 per cent from 18 per cent in March. At the MPC communique presentation and analysis on Wednesday, CBN Governor, Mr. Godwin Emefiele explained that the decision is to curtail the rising inflation in Nigeria. “Our actions …

Commercial banks have been directed to open for operation on Saturdays and Sundays as part of a coordinated effort to ease circulation of Naira of all denominations. The directive, which was announced on Friday by the Acting Director of Corporate Communications at the Central Bank of Nigeria (CBN), Dr. Isa AbdulMumin, came as the apex bank confirmed the evacuation of …

For those who do not know, “Mefy” is the alias of Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) who completed his first term of five years in 2019 and was re-appointed by President Muhammadu Buhari for another term of five years. Ten years is a long time in a high profile position that is the cynosure if …

We have the Governments of Zamfara, Kogi, Kaduna States and the Supreme Court to thank for arresting the drift to anarchy in our country as a result of the poorly implemented and ill-timed new Naira and cashless policies of the Central Bank pf Nigeria (CBN) that have grounded socio-economic activities in the country. While the interim injunction of the Supreme …

Former National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole has accused the Central Bank of Nigeria (CBN) of deceiving President Muhammadu Buhari over the redesign of the naira notes. Last year, President Buhari approved the redesign of the N1,000, N500, and N200 notes. The move, has, however, created hardship among Nigerians who battle to lay hands on …