The Central Bank of Nigeria (CBN) has insisted that there is no plan to extend the deadline for the use of old notes. At a media briefing on Friday, CBN Governor, Mr Godwin Emefiele said that the regulatory bank and Deposit Money Banks (DMBs) were working to address the current challenges with the circulation of the new notes. He said: …

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that the high charges by Point of Sale (PoS) agents on every transaction would be suspended during this period of Naira scarcity. At a special media briefing on the new Naira notes in Lagos on Friday, Emefiele urged banks to stop the charges on PoS. He …

The Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila has said that he would not hesitate to ask the Inspector General of Police, Usman Baba to issue an arrest warrant on the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele to compel him to appear before the House. Gbajabiamila said this on Thursday in reaction …

With nine days to the deadline for the easing out of the old Naira notes in place of the redesigned ones, the Central Bank of Nigeria (CBN) has said that it would launch a cash swap programme on Monday. According to the regulatory bank, the programme would enable the rural population and those with limited access to formal financial services …

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele resumed duty on Monday after his annual vacation abroad, according to a statement by the apex bank’s Director of Corporate Communication, Mr Osita Nwanisobi. Since his absence from the public view last month, there have been speculations about his status as the No 1 banker, including allegations of …

National Coordinator and Special Envoy of Ecology and Marine International Human Rights Organisation, Alhaji Musa Saidu, has cautioned against inference in the ongoing investigations of alleged fraud by the Central Bank of Nigeria Governor, Dr Godwin Emefiele. Saidu told the News Agency of Nigeria on Tuesday in Abuja that the recent criticism against DSS investigations of N70 trillion alleged looted …

The Southern and Middle Belt Leaders Forum (SMBLF) has told President Muhammadu Buhari that it will not allow another scandalous removal of a top public office holder from the region. This comes as the forum urged the President, in a statement on Monday, to end all forms of attempts by the Department of State Services (DSS) to arrest and detain …

A High Court of the Federal Capital Territory (FCT) in Garki has issued an an order restraining the State Security Service (SSS) and its agents from taking steps to arrest, detain or restrict the movement of the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, over allegations linking him with terrorism financing and fraudulent activities. Justice M. A. …

The South South Reawakening Group (SSRG) on Tuesday insisted that the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele should defend himself against terrorism financing allegations made by the Directorate of State Services (DSS). In a statement its Convener, Joseph Ambakederimo, SSRG, one of the major pressure groups in the Niger Delta region, said that whatever was alleged …

CNPP, others urge judges to join political race A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu has described the CBN Governor, Mr Godwin Emeifele’s involvement in politics while in office as a gross breach of the CBN Act. He accused Emefiele of using public office to attain his personal interest, urging Nigerians not to …