Tag Central Bank of Nigeria

Ex-Nigerian Central Bank Governor Faces Currency Charges

FORMER governor of the Central Bank of Nigeria, Godwin Emefiele, has been charged with allegations of unauthorised currency printing and irregular withdrawals amounting to billions of naira, adding to his ongoing legal woes. Emefiele, who is already embroiled in a…

Nigeria Central Bank Imposes Cyber Levy

IN a bid to bolster cyber-security measures and address currency weakness, Nigeria’s central bank has unveiled plans to implement a levy on domestic money transfers. The announcement, made through a circular issued late on Monday, mandates all banks and mobile…