Emefiele: DSS release detained CBN Deputy Governor

By George Oshogwe Ogbolu The Department of State Services (DSS) has released the detained Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Economic Policy, Kingsley Obiora. Naija News gathered that Obiora, who had been with the team of investigators since Wednesday, has been released. It was gathered that the secret police […]

CBN announces Naira remittances payout option

• Money Transfer Operators to use I & E Window rate The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators to commence remittances payout in Naira to beneficiaries. It has also directed that the Investors’ and Exporters’ Window foreign exchange rate should be used in determining the rate for such Naira payout. […]

Watch how DSS arrested Emefiele, put him in private jet

Watch how DSS arrested Emefiele, put him in private jet SEE VIDEO BELOW By Chukwuani Victoria A video showing the moment operatives of the Department of State Service (DSS) arrested and detention suspended Governor of Central Bank (CBN), Godwin Emefiele, has surfaced on social media. Recall an All Progressives Congress (APC) chieftain and media aide […]

Nnamdi Kanu, naira redesign: ‘You will suffer’ – Fr Mbaka issues ultimatum to Buhari, Emefiele

By Emmanuel Uzodinma Charismatic Catholic Priest, Rev. Fr. Ejike Mbaka has issued a stern warning to President Muhammadu Buhari over the continuous detention of Mazi Nnamdi Kanu, the leader of the Indigenous People of Biafra, IPOB. DAILY POST reports that Mbaka returned to his Adoration Ministry in January, months after he was suspended and sent […]

Real reason CBN is redesigning Naira notes

Real reason CBN is redesigning Naira notes By Lydia Ngwakwe The Central Bank of Nigeria (CBN) on Thursday said counterfeiting and hoarding were the reasons for redesigning and issuing new naira notes. Mrs Amina Abdulmalik, Deputy Director, Currency Operations Department, CBN, said this at the apex bank’s special day, at the ongoing 36th Lagos International […]

Naira redesign: ‘Those with illicit money buried under soil will have problem’ – Buhari backs CBN

By Seun Opejobi President Muhammadu Buhari, on Sunday, backed the decision of the Central Bank of Nigeria, CBN, to launch new designs of the naira denominations. Buhari said Nigerians with illicit money stashed in the soil would have problems with the new naira notes. He, however, assured that Nigerians would gain a lot when the […]

Buhari, Osinbajo, Emefiele, Others to Headline CIBN Conference

President Muhammadu Buhari, Vice President Yemi Osinbajo, and the Governor of the Central Bank of Nigeria, Godwin Emefiele have been lined up to speak at the 15th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) Speaking ahead of the conference, the Managing Director of Sterling Bank, Mr. Abubakar Suleiman, […]

Emefiele’s fate over presidential ambition in the hands of CBN’s board of directors – Buhari

From Juliana Taiwo-Obalonye, Abuja President Muhammadu Buhari has reacted for the first time to Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, presidential ambition, saying his fate will be determined by the apex bank’s board of directors on whether his actions have fallen foul of the laws in place to ensure he can most […]

Just in: Buhari relieves Godwin Emefiele of his job as CBN governor

President Muhammadu Buhari has sacked the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele from his job, according to Intel region. It was revealed that he may have been sacked in the early hours of Wednesday May 25. His sack may not be unconnected to his ambition to succeed Buhari at the end of his […]

CBN Deputy Governor explains depreciation in Naira’s value

cbn By NAN The Deputy Governor, Corporate Services Department of the Central Bank of Nigeria (CBN), Mr Edward Adamu, has attributed the depreciation in the value of the Naira to the effects of the COVID-19 pandemic on the economy. Adamu stated this at an interactive session with the House Committee on Finance on the 2022-2024 Medium-Term […]



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December 2023

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