Search results for Godwin Emefiele

CBN won’t go back to interventions that distort the market anymore — CBN governor Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has cautioned against renewed pressure on the apex b

“Emefiele used forged signature of Buhari, $6.23 billion was unlawfully moved from the apex bank under the p...

The trial of former Central Bank of Nigeria Governor, Godwin Emefiele, took a dramatic turn on Monday, April 27, after a

Emefiele: Court fixes May 4 for ruling on admissibility of statement

Emefiele is standing trial on a 19-count charge bordering on alleged gratification, corrupt demands, and abuse of office linked to large-scale financial transactions.

Emefiele approved $6.23m payment to foreign election observers, Police Commissioner confirms

Commissioner of Police, Eloho E. Ekpoziakpho, testified before the Federal Capital Territory (FCT) High Court in Maitama, Abuja, confirming that former Central Bank of Nigeria (CBN...

Cardoso: Global Shocks Not Slowing Nigeria’s Push for Resilience, Single-digit Inflation Target

*Says data-driven MPC stance on rates vindicated  *Edun: Reforms strengthen economy’s ability to withstand global shocks Eromosele Abiodun and Nume Ekeghe in Washington DC The Gove...

Emefiele Trial: Defence Seeks Exclusion of Omoile’s Statement, Alleges Coercion, Breach of Procedure

Wale Igbintade  An Ikeja Special Offences Court has been urged by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and his co-defendant, Henry Omoile, to reject an e...

Emefiele: Buhari Approved Local Production of New Naira Notes, Witness Tells Court

Alex Enumah in Abuja A prosecution witness, Mr Chinedu Emere Eneanya, has confirmed that former President Muhammadu Buhari, gave his approval for the local production of the redesi...

How our policies saved Nigeria from economic disaster — CBN deputy governor

CBN Deputy Governor Emem Usoro explains how the bank’s ongoing reforms and policies have saved Nigeria’s economy from disaster, ensuring stability and grow Read More: https://punc...

Court admits key evidence against Emefiele’s co-defendant in joint gratification trial

“I have carefully considered the evidence presented during the mini-trial. The environment was active, and there is no evidence that the second defendant was physically harmed,” th...

BREAKING: CBN Keeps Rates Steady at 26.5% Despite Inflation Pressure

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, maintaining the benchmark interest rate at its...

Redesigned currency notes produced by CBN different from what Buhari approved – Witness

Mr Emefiele faces four charges, including illegal redesign of naira notes, disobedience to the direction of law, and illegal act causing injury to the public. The post Redesigned c...

Soludo Appoints Finance Lawyer Anambra Investment Corporation’s Pioneer CEO

The Governor of Anambra State, Prof. Chukwuma Soludo, has announced Nwabunwanne Okonkwo as the Chief Executive Officer of the newly established Anambra State Development and Invest...

CBN Stands Firm as Fiscal Risks Mount

Behind the CBN’s calm rate pause lies rising fear over inflation, political spending, and economic stability, writes Festus Akanbi The Central Bank of Nigeria’s (CBN) decision to r...

Senate Confirms Yuguda’s CBN Appointment, Hails Tinubu’s Choice

• Nominee cleared without questioning, described as “square peg in square hole” Sunday Aborisade in Abuja The Senate on Wednesday confirmed the appointment of Mr. Lamido Abubakar Y...

CBN says Nigeria’s foreign exchange turnover rises above $400m daily

According to Mr Cardoso, the apex bank recorded an average daily turnover of about $100 million in late 2023 when he assumed office, but the figure has now increased significantly...

CBN Holds Back on More Rate Cuts Amid Global Inflation Fears

Nigeria’s Central Bank is slowing down plans for further interest rate reductions as global inflation concerns and economic uncertainty continue to shape monetary policy decisions....

How $6.23billion was moved from CBN coffers to fund ‘foreign observers’ of 2023 election  

A witness,  Chinedu Eneanya, on Monday, April 27, 2026, told Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, a total sum of  $6.23billion was...

Senate Confirms Lamido Yuguda as CBN Deputy Governor, Hails Tinubu’s Choice

The Senate on Wednesday confirmed the appointment of Lamido Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), describing him as “a square peg in a square hole.” The c...

CITN DVP, Fowokan Backs New Finance Minister, Sets Reform Targets

Nigeria’s fiscal outlook, shaped by rising debt, modest tax revenues, and volatile oil earnings faces renewed pressure, with policy experts’ warning of crisis that can be averted w...

First Bank appoints new executive director

According to the Group, Mr Omodayo-Owotuga’s appointment reflects the First Bank’s continued commitment to strong governance, disciplined execution, financial resilience, and susta...

Ugwuanyi: Financial System Must Reflect Culture to Drive Growth

Kuni Tyessi in Abuja Nigeria cannot achieve sustainable economic growth without a functional, inclusive and culturally responsive financial system, Wilfred N.J. Ugwuanyi, a Profess...

CBN Raises N5.63 Trillion as Investors Rush High-Yield OMO Bills

The Central Bank of Nigeria intensified its liquidity control efforts in May after attracting massive investor interest in Open Market Operations bills, with total sales hitting N5...

CBN: Union, Keystone, Polaris Banks Will Meet Capital Threshold, Actively Raising Funds

• Urges customers not to fret, continue regular transactions  •Apex bank sets up payments committee to fast-track industry reforms  •NCC, NDIC, SEC are key committee members Nume E...

BOJ appoints monetary policy expert Masaki to oversee global affairs