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Tag Archives: CBN

June, 2019

May, 2019

  • 15 May

    Senate Endorses Emefiele For Second Term

    The senate committee on banking, insurance and other financial institutions has endorsed Central Bank governor, Godwin Emefiele, for second term.  During Emefiele’s screening on Wednesday, members of the committee dismissed the allegations of stolen N500 billion at the apex bank. Rafiu Ibrahim, the committee’s chairman, said the allegations were targeted …

  • 13 May

    PHOTOS: CBN Gov, Emefiele, Visits Buhari After Securing Second Term Nomination

    Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), visited President Muhammadu Buhari at the Presidential Villa, Abuja, on Monday. The visit comes a week after the country’s top banker was nominated by President Buhari to head the country’s apex bank for a second term of five years. It …

  • 13 May

    No Money Missing, Stolen In CBN, Says Spokesman

    Emefiele-forex market

    Isaac Okoroafor, the Director, Corporate Communications, Central Bank of Nigeria (CBN), has said that no money is missing or stolen from the bank’s coffers as reported in some section of the media. Okoroafor said this in a statement on Sunday while reacting to a recent article and audio clips in …

  • 11 May

    Why Sanusi Persecuted Me – Cecilia Ibru

    Cecilia Ibru, former Managing Director of the defunct Oceanic Bank, has revealed the reason behind her persecution by the Central Bank of Nigeria, headed by Lamido Sanusi.  Speaking with Saturday Punch, Ibru said Sanusi had thought she wanted his job as CBN Governor.  She explained that he had withdrawn her …

  • 9 May

    Buhari Nominates Emefiele As CBN Gov For Second Term

    President Muhammadu Buhari has nominated current Central Bank of Nigeria (CBN) governor, Godwin Emefiele, for a second term. TheCable reports that the letter for the tenure renewal was signed on Wednesday by Buhari and has now been passed to the senate. Emefiele was first appointed CBN governor in 2014 by …

  • 8 May

    Taxpayers’ Money Not Missing From FIRS – Fowler 


    Chairman of the Federal Inland Revenue Service (FIRS), Tunde Fowler, has dismissed reports suggesting that money paid as taxes is missing from the agency’s coffers. Fowler made the clarification in an interview in his office in Abuja on Wednesday. The clarification came in the wake of media reports alleging that …

April, 2019

  • 29 April

    CBN To Withdraw N7.9trn Dirty, Mutilated Notes

     The Central Bank of Nigeria (CBN) has said plans are underway to withdraw about N7.9 trillion dirty notes in circulation. According to the apex bank, many naira notes are dirty, mutilated, unfit for Automated Teller Machines (ATMs) and over-the-counter payments. A statement by CBN’s Deputy Governor, Operations Folashodun Shonubi  and …

  • 5 April

    Reps Summon Emefiele, AGF Over Alleged N33bn Pension Scam

    Emefiele-forex market

    The House of Representatives has directed Godwin Emefiele, Governor of Central Bank of Nigeria (CBN), to appear before it over alleged discrepancies in the remittance of N33 billion pension deductions by National Pension Commission (PenCom). The House also invited the Accountant-General of the Federation (AGF), Ahmed Idris, to appear alongside …

March, 2019

  • 27 March

    Experts Commend CBN For Reducing Lending Rate

    Emefiele-forex market

    Two financial experts, Dr Samuel Nzekwe and Dr Titus Okurounmu, on Wednesday commended the Federal Government for reducing the benchmark lending rate from 14 per cent to 13.5 per cent. The Central Bank Governor, Godwin Emefiele, had on Tuesday while briefing newsmen in Abuja, said its Monetary Policy Committee (MPC) …

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