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newsonlineng.com /1 month ago

Supreme Court Upholds Final Forfeiture of Godwin Emefiele’s Properties, $2.045 Million to FG

Supreme Court has uphold the final forfeiture of Godwin Emefiele’s properties and $2.045 million to the federal government. NewsOnline Nigeria reports that the Supreme Court has...

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thisdaylive.com /1 month ago

Emefiele Loses Property, $2m, Share Certificates to FG as S’Court Orders Final Assets’ Forfeiture

Alex Enumah in Abuja A former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has permanently forfeited seven landed properties, the sum of $2,045,000 (Two Mi...

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pmnewsnigeria.com /1 month ago

$4.5bn Fraud Trial: Emefiele suffers setback as court dismisses objections to extra-judicial statements

Justice Oshodi held that, for an extra-judicial statement to qualify as confessional, it must contain an unequivocal admission of the offences alleged against its maker.

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thisdaylive.com /4 days ago

‘Cardoso’s Bold Reforms Set Stage for Nigeria’s Next Economic Chapter’

Igbawase Ukumba in Lafia The Acting Director, Corporate Communications and Investor Relations Department, Central Bank of Nigeria (CBN), Hakama Sidi-Ali has stated that over the p...

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thisdaylive.com /1 month ago

Emefiele Didn’t Benefit From $6.2m Looted in CBN, EFCC Witness Tells Court

An Economic and Financial Crimes Commission (EFCC) witness.CP Okpoziakpo Eloho on Thursday told an Abuja High Court that the former Governor of the Central Bank of Nigeria, CBN, Go...

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pmnewsnigeria.com /1 month ago

Supreme Court seizes Emefiele’s Lagos Luxury Empire, $2.045m

The forfeited assets include two fully detached duplexes on Hakeem Odumosu Street, Lekki Phase 1; an undeveloped parcel of land on Oyinkan Abayomi Drive, Ikoyi; a bungalow and a fo...

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tori.ng /1 month ago

Court Adjourns Emefiele Naira Redesign Case Over Absence

The ongoing trial of former CBN Governor Godwin Emefiele has suffered another delay after key figures failed to appear before the court.

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thenews-chronicle.com /1 month ago

EFCC Witness Tells Court Emefiele Did Not Benefit from Alleged $6.2 Million Fraud

An Economic and Financial Crimes Commission (EFCC) witness on Thursday told an Abuja High Court that former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, did not persona...

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pmnewsnigeria.com /1 month ago

Emefiele: Witness says withdrawal of $6.2m pushed CBN’s special dollar account into negative balance

Testifying before Justice Muazu, Obazee while being led in his testimony by prosecution counsel and Director of Public Prosecution, Rotimi Oyedepo, SAN, disclosed that the withdraw...

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tori.ng /1 month ago

Court Drama Deepens as EFCC Witness Speaks on $6.2m Emefiele Fraud Case

Fresh testimony at the Economic and Financial Crimes Commission trial involving former Central Bank governor Godwin Emefiele has taken a surprising turn after a key witness told th...

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lindaikejisblog.com /1 month ago

Supreme Court orders final forfeiture of EmefieleГѓВўГ‚в‚¬Г‚в„ўs properties

The Supreme Court of Nigeria has ordered the final forfeiture of properties belonging to former Central Bank of Nigeri

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thisdaylive.com /1 week ago

In New Policy Tweak, CBN Removes Discount Window Restrictions on FX, Government Securities Transactions

• Broadens OMO participation as individuals, corporates, non-bank financial institutions gain access to market through banks •Resumes tenored repo operations of up to 90 days to...

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newsonlineng.com /1 month ago

CBN Retains Interest Rate at 26.5% as MPC Holds MPR for Second Consecutive Meeting

CBN has retained interest rate at 26.5% as MPC holds MPR for second consecutive meeting. NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) has retained the Moneta...

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pmnewsnigeria.com /1 month ago

Release of $6.2m by Emefiele’s CBN for foreign election observer mission pure theft – Witness

The Witness disclosed that the investigation team was able to make recoveries of about $800,000 from the alleged stolen fund. “I can’t remember the figure, but it was about Eight H...

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premiumtimesng.com /1 month ago

CBN retains interest rate at 26.5%

CBN Governor said that the committee’s decision is based on a thorough assessment of the economy. The post CBN retains interest rate at 26.5% appeared first on Premium Times Nigeri...

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thisdaylive.com /1 month ago

Senate Grills CBN over Banking Reforms, Inflation, FX Policies, Demands Credit Expansion

Sunday Aborisade in Abuja The Senate yesterday subjected the Central Bank of Nigeria (CBN) to intense scrutiny over its monetary policy, banking sector recapitalisation, inflation...

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punchng.com /2 weeks ago

Forex stability, $52.5bn reserves signal Nigeria’s economic recovery – Cardoso

CBN Governor Cardoso highlights forex stability, rising foreign reserves ($52.5bn), and easing inflation as signs of Nigeria’s economic recovery. Learn abo Read More: https://punc...

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premiumtimesng.com /1 week ago

CBN removes FX, government securities restrictions on discount window access

The new provisions take immediate effect, with CBN directing all banks, authorised dealers and other market participants to ensure strict compliance. The post CBN removes FX, gover...

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premiumtimesng.com /1 month ago

CBN, trade ministry speak on AfCFTA trade reforms at Citibank forum

Speaking at the event, the Deputy Governor for Financial System Stability at the CBN, Lamido Yuguda, said efficient financial intermediation would be critical to the success of AfC...

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thenews-chronicle.com /2 weeks ago

Naira Stays Strong at N1,367/$ as CBN Boosts FX Stability

The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news. Th...

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premiumtimesng.com /1 month ago

CBN targets single-digit inflation by 2027 despite global shocks

Despite the global shocks, Mr Cardoso said the CBN still intends to deepen and strengthen its policies to contain rising inflation and bring it to single digits. The post CBN targe...

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pmnewsnigeria.com /1 month ago

Confusion over N100 notes ends as CBN issues clarification

In a statement issued on Wednesday by the Acting Director of Corporate Communications, Hakama Sidi-Ali, the apex bank said it had received reports that some individuals and busines...

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punchng.com /1 month ago

CBN issues fresh guidance on troubled banks’ contract suspensions

The Central Bank of Nigeria clarifies its powers under BOFIA 2020, setting a two-day limit for contract suspensions during troubled bank resolutions. This Read More: https://punch...

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thisdaylive.com /1 month ago

Cardoso: Nigeria’s Net Foreign Reserves Has Surpassed $40bn

Nume Ekeghe The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday disclosed that Nigeria’s net foreign reserves have risen to $40 billion presently, co...

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