By Ikechukwu Nnochiri The Abuja Division of the Federal High Court has granted the Central Bank of Nigeria, CBN, the nod to freeze accounts of 20 #EndSARS promoters. The order followed an ex-parte order the apex bank filed through a team of lawyers led by a former Attorney-General of the Federation and Minister of Justice, […]
CBN Governor, Mr. Godwin Emefiele Going by the present volatility in the macroeconomy, the Central Bank of Nigeria (CBN) cannot afford to allow saboteurs ruin its current efforts to maintain price stability as well as support the recovery of the economy, writes James Emejo Undoubtedly, these are not the best of times for the Nigerian […]
Obinna Chima The aggregate foreign exchange (forex) inflow into the Nigerian economy in the first quarter (Q1) 2020 was $42.71 billion, the Central Bank of Nigeria (CBN) has said. CBN, in its economic report for Q1 2020 obtained on its website yesterday, said the amount of forex inflow recorded in the period under review indicated […]
Godwin Emefiele By Mustapha Sumaila Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has assured investors of the security of their investments in the country in spite dwindling revenue from the sale of crude oil globally. The CBN’s Director, Corporate Communications Department, Mr Isaac Okoroafor, in a statement on Sunday, said Emefiele gave the […]
By Prof. Chukwuma Charles Soludo | NNP | April 24, 2020 –This piece summarizes my contribution to an African debate. From Johannesburg to Lagos, Cairo to Dakar, Kinshasa to Kigali, Nairobi to Accra, etc the debate on how Africa should respond to the global coronavirus (Covid-19) pandemic is raging. At an African regional policy platform, […]
By Dr. Jideofor Adibe | Nasarawa, Nigeria | April 3, 2020 – The dethronement of Alhaji Muhammad Sanusi as the 14th Emir of Kano did not take many people by surprise. The surprising thing for some people is that he lasted as long as he did on the throne. In fact there were rumours that […]
Senate on Public Account on Tuesday considered issuing warrant of arrest on Governor of Central Bank, Godwin Emefiele over failure to appear before the Committee on release of $289 million to former National Intelligence Agency (NIA), Ayo Oke in cash. Speaking on the investigation, the Chairman of Senate Committee on Public Account, Senator Matthew Urhoghide […]
By Kingsley Okoye The Senate on Thursday at Plenary confirmed the nomination of Dr Kingsley Obiora as Deputy Governor of the Central Bank of Nigeria (CBN). The confirmation of Obiora, followed the receipt of the report of the Committee on Banking and Insurance, and consideration of same at the Senate Committee of the Whole. President […]
The Governor of Central Bank of Nigeria, Mr. Godwin I. Emefiele risks being committed to prison for failing to honour a Garnishee Order Absolute to pay the balance of$53m due and payable under the said Order to Mr. Joe Agi (SAN) and team of lawyers that facilitated the Paris Club fund matter for the Federal […]
‘Femi Asu The nation’s foreign exchange reserves have slumped below the $40bn mark, hitting their lowest level in 22 months, latest report from the Central Bank of Nigeria has shown. The external reserves, which have been on a downward trajectory in recent times, dipped by over $5bn in the last five months. The reserves rose […]
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