James Emejo in Abuja The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments. These appointments, which took effect from March 3, affected Monetary Policy, Trade and Exchange, Banking Supervision, Payment Systems and Consumer Protection among others. The fresh appointment came about nine months after it relieved the previous directors from […]
By Joseph Erunke ABUJA — Former President Goodluck Jonathan and ex-governor of the Central Bank of Nigeria, CBN, during his tenure, and now Emir of Kano, Muhammad Sanusi II, yesterday openly disagreed over the sack of the latter. Sanusi had said in the book he co-authored with the former Minister of Finance, Shamsudeen Usman, that […]
Transfer funds in dormant account to us, CBN directs banks By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to transfer funds in all dormant accounts to the apex bank. A circular by CBN Ag. Director of Financial Policy and Regulations, Mr. John […]
I can’t allow you travel outside Nigeria – Judge tells Godwin Emefiele By Oladipo Abiola The Federal Capital Territory High Court has denied a request by former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, asking to travel out of the country for a medical check up. The judge, Justice Hamza Muazu, […]
By Babajide Komolafe, Economy Editor The Central Bank of Nigeria, CBN, has reported a 433 per cent upsurge in Diaspora remittances to $1.3 billion in February from $300 million in January. Disclosing this yesterday while speaking with newsmen in Abuja, the Acting Director of Corporate Communications, CBN, Mrs Hakama Sidi Ali, said, “The Bank’s data […]
Why people thought I owned Access Bank – Former Emir of Kano, Sanusi By Olugbenga Ige The former Emir of Kano State, Mohammed Sanusi, has recounted how his relationship with the late Chief Executive Officer of Access Bank Plc, Herbert Wigwe, made people think he owned the bank. The former Governor of the Central Bank […]
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 […]
• 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 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 […]
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 […]
Democracy not working in Nigeria — Obasanjo, Obi, Tambuwal, Kukah
Petition to recall Senator Natasha did not meet ‘requirements,’ says INEC
Those who got the money told me about it – Obasanjo makes shocking exposure over Rivers State of EmergencySenator Natasha Akpoti-Uduaghan says Senate is like a ‘cult’
“This is oppression” – Viral photo of NYSC corper kneeling before official sparks public outrage
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