A witness of the Economic and Financial Crimes Commission (EFCC), Agboro Michael, has told a Federal Capital Territory (FCT) High Court sitting in Abuja how the immediate past Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, allegedly awarded contracts to April 1616 Investment Limited and Architekon Nigeria Limited, companies allegedly belonging to Sa’adatu … Read more
THE trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, continued on Thursday before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja as a forensic analyst confirmed that the documents used to request the payment of $6.2million for foreign election observers were forged. The witness, Bamaiyi Meriga, called by … Read more
BAMAIYI Haruna Mairiga, Sixth Prosecution Witness, PW6, in the trial of a former governor of Central Bank of Nigeria, CBN, Godwin Emefiele on Thursday, March 7, 2024 told Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Abuja, that forensic examination showed that the signatures of former President Muhammadu Buhari and Secretary to … Read more
FORMER governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, through his legal team, has threatened to sue President of the Nigerian Senate, Godswill Akpabio over alleged defamation. Emefiele would demand N25 billion in damages from the Senate President if he fails to apologise, according to his solicitors. This was contained in a letter … Read more
THE First Prosecution Witness, PW1, in the ongoing trial of former governor of Central Bank of Nigeria, CBN, Godwin Emefiele, Ogau Onyeka Michael, on Monday, February 12, 2024 told Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, how the ex-CBN boss approved the payment of $6,230,000 (Six Million, Two Hundred … Read more
FORMER President Muhammadu Buhari has revealed why he did not sack former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele when there were speculations of his interest to run for the presidency in 2023. Buhari said that Emefiele never discussed it with him. This revelation and others were made public in a memoir … Read more
PRESIDENT Bola Tinubu has started the implementation of the report of the Special Investigator on Central Bank of Nigeria (CBN) and Related entities, Jim Obazee with the dissolution of the board and management of Titan Trust Bank and three others. The others are Union Bank, Polaris Bank and Keystone Bank. The decision to dissolved the … Read more
PRESIDENT Muhammadu Buhari has met with the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, Chairman of the Nigerian Governor’s Forum, Aminu Tambuwal behind closed. The meeting which was held at the State House Abuja came amid protests in many parts of the country over the unavailability of Naira notes. Chairman of the … Read more
CENTRAl Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, yesterday, said that the apex bank would consider tweaking the new weekly cash withdrawal limits of N100,000 and N500,000 for individuals and corporate bank customers. Emefiele, who addressed State House correspondents after meeting behind closed-doors with President Muhammadu Buhari in Daura, Katsina State, assured that the … Read more
THE Governor of the Central Bank of Nigeria, Godwin Emefiele, on October 26, 2022, announced that new Naira notes would be introduced to replace the current 200, 500, and 1,000 Naira notes. Emefiele said the redesign will take effect from Thursday, December 15, 2022. He also said that existing notes would seize to be regarded … Read more