The World Bank has said that multiple exchange rates, trade restrictions, and the financing of the public deficit by the Godwin Emefiele-led Central Bank of Nigeria (CBN) continues to damage the business environment. The World Bank made the disclosure in…
Emefiele bows to pressure, chickens out of presidential race
Following intense public outcry, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has withdrawn from the race to succeed President Muhammadu Buhari in 2023. Sources close to the CBN governor said he withdrew from the race over fear that he…
Court rejects Emefiele request to stop INEC from disqualifying him for election
A Federal High Court in Abuja has refused the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele’s request to restrain the Independent National Electoral Commission (INEC) and the Attorney General of the Federation (AGF) Abubakar Malami preventing him…
2023 Presidency: I’m in dilemma, Emefiele tells court
The Governor of the Central Bank of Nigeria, Godwin Emefiele has dragged the Independent National Electoral Commission and the Attorney General of the Federation and Minister to court over his 2023 presidential ambition. Aside from filing an originating summons against…
Many escape death as 2-storey building collapses in Lagos (Vanguard)*Policeman arrested for singing ‘praise’ of cult group (Guardian)
Many escape death as 2-storey building collapses in Lagos (Vanguard) Many people have reportedly escaped unhurt in Ago-Palace Way, near Okota Lagos State, after the partial collapse of a two-storey building in the area. Unlike what happened in Ebute-Meta where…
Emefiele he’d make decision on 2023 presidency in a few days
The Governor of the Central Bank, Mr Godwin Emefiele, has said that he would make a decision on the 2023 presidency in a few days. He said this in a series of tweets on Saturday. The CBN governor had come…
Garba Shehu’s infantile response to PDP governors’ fact-filled communique -C.I.D. Maduabum
We are moved to respond to the infantile, ignorant, pedestrian, low quality, confused and rambling response of Garba Shehu, spokesman of the so-called Presidency, an amorphous entity, to the fact-filled patriotic, well thought out chronicle of the dire living conditions…
Buhari unveils rice pyramid in Abuja
President Muhammadu Buhari has unveiled a 1.2 million -bag paddy rice pyramid, in Abuja. An elated President Buhari commended the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, for Initiating the Anchor Borrowers Programme, through which the…
Resist arbitrary charges, CBN to bank customers
The Central Bank of Nigeria (CBN) has advised bank customers to resist arbitrary bank charges illegally imposed on them by Deposit Money Banks (DMBs). Reacting to claims by Igbo traders that depositors and other account operators with banks in Nigeria…