A former Governor of the Central Bank of Nigeria, Godwin Emefiele, was on Friday arraigned at the Federal High Court, Maitama, Abuja on 20-count bordering on alleged corrupt practices and forgery. Dressed in an ash coloured pair of trousers and…
Breaking: Court allows Emefiele to travel out of Abuja
The Federal Capital Territory High Court has granted the request of a former Governor of Central Bank of Nigeria, Godwin Emefiele, to travel out of Abuja. The court, however, said Emefiele must remain in the country. In his bail terms,…
EFCC raids Dangote Group’s headquarters in Lagos
Operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday reportedly raided the headquarters of the Dangote Group in connection with ongoing investigation into forex allocations in the country. It was gathered that the EFCC operatives demanded documents relating…
Subdued Xmas as consequences of wars in Eastern Europe and the Middle East — Magnus Onyibe
A combination of the wars in Eastern Europe and the Middle East, which have negatively impacted the global economy, has turned 2023 Christmas, which is supposed to be a season of joy for the nearly 2.4 billion Christians across the…
How do we bring Dollar and Naira closer? — Gbubemi Atimomo
An attempt to settle the rift between the Dollar and the Naira Once upon a time, there were two best friends: Miss Naira and Miss Dollar. Ok, they weren’t quite best friends but they were good friends. Even though their…
Ways and Means: Tinubu will not go beyond statutory limit– Edun
President Bola Tinubu will not go above statutory limits in obtaining budget support facilities from the Central Bank of Nigeria (CBN) through the Ways and Means Advances. The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun,…
Tinubu nominates new CBN governor and management team
President Bola Tinubu has officially nominated Dr. Olayemi Michael Cardoso as the next Governor of the Central Bank of Nigeria (CBN). This appointment, which follows the provisions of the Central Bank of Nigeria Act, 2007, marks a crucial step in…
President Tinubu nominates Cardoso as new CBN governor
President Bola Tinubu has approved the nomination of Dr Olayemi Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five years at the first instance. This is contained in a statement…
Zenith Bank appoints Dr Juliet Ehimuan as non-executive director
Dr Juliet Ehimuan has been appointed as a Non-Executive Director of Zenith Bank Plc effective August 29th 2023. The appointment was announced in a statement to the Nigerian Exchange (NGX) Limited on Tuesday, August 29, 2023, and has also been…
Tinubu orders probe of CBN, names special investigator
President Bola Tinubu has appointed a special investigator Jim Osayande Obazee to probe the Central Bank of Nigeria (CBN) and Related Activities. This was contained in a letter signed by the President and addressed to Obazee, the Chief Executive Officer…
