BREAKING: CBN Speaks on Godwin Emefiele’s Sack
The Central Bank of Nigeria has reacted to reports of its governor, Governor Emiefele being sacked. Reports were rife that the presidential aspirant was relieved of his duties as governor…
CBN’s Naira Redesign Plan Purely Political – Obaseki
Governor Godwin Obaseki of Edo state has said that the proposed plan by the Central Bank of Nigeria to redesign naira notes is a political move. Obaseki said this on…
Emefiele Returns From Leave as DSS Denies Invading CBN
Governor of the Central Bank of Nigeria, Godwin Emefiele has returned from his annual leave. A statement by the CBN spokesperson, Mr. Osita Nwanisobi suggests that Emefiele has resumed office…
BREAKING: CBN Insists on February 10 Deadline
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that there was no need to shift the February 10, 2023 deadline. He said this during a visit…
BREAKING: CBN Raises Interest Rate to 18%
The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 50 basis points to 18 percent. CBN Governor, Godwin Emefiele made the disclosure…
BREAKING: Tinubu Suspends CBN Governor, Godwin Emefiele
Tinubu suspends Emefiele Godwin Emefiel, the governor of the Central Bank had been suspended by President Bola Tinubu. Daily Report Nigeria reports that Emefiele's suspension from office is with immediate…
Tinubu Appoints Special Investigator To Probe CBN
President Bola Tinubu has appointed Jim Obazee as a special investigator to probe the Central Bank of Nigeria (CBN) and Related Activities. The appointment was made following Section 15(5) of…
CBN Lifts Ban on Importation of 43 Items (FULL LIST)
The Central Bank of Nigeria (CBN) has announced a lift in the ban of 43 items in the country. The move is is in line with the bank's resolve to…
CBN to Prosecute Forex Defaulters
The Central Bank of Nigeria (CBN) has announced its intention to prosecute forex defaulters in the country. CBN's move aims to address the concern of nearly $7 billion in mature…
Naira Note Saga: Emefiele Defied Buhari’s Approval, Printed Own Design — Ex-CBN Director
Former CBN governor Godwin Emefiele printed his own design of the new naira note against the approved designed by the former President Buhari. Ahmed Umar, the former director of currency…