Tag: CBN

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Aliko Dangote’s head office searched by EFCC over forex deal with embattled former CBN governor, Emefiele

Aliko Dangote’s head office searched by EFCC over forex deal with embattled former CBN governor, Emefiele

Operatives of the Economic and Financial Crimes Commission, EFCC have carried out a search operation at the Lagos head office of the Dangote Group. [...]
Godwin Emefiele meets bail conditions, regains freedom

Godwin Emefiele meets bail conditions, regains freedom

A former Governor of the Central Bank of Nigeria, Godwin Emefiele has been released from the Kuje Correctional Centre after meeting up with his bail c [...]
Emefiele used proxies to acquire banks – CBN’s special investigator

Emefiele used proxies to acquire banks – CBN’s special investigator

Another outcome of the special investigation into the activities of the Central Bank of Nigeria, CBN, has accused Godwin Emefiele, the immediate past [...]
Emefiele spent N1.7bn as legal fees for suits against naira redesign – CBN special investigator

Emefiele spent N1.7bn as legal fees for suits against naira redesign – CBN special investigator

An independent report has indicted the embattled former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, of spending over N1.7 billion o [...]
Emefiele operated 593 illegal accounts in US, UK, China – CBN investigator

Emefiele operated 593 illegal accounts in US, UK, China – CBN investigator

The Special Investigator on the Central Bank of Nigeria, CBN, and Related Entities, Jim Obaze has revealed that the former Governor of the apex bank, [...]
Yemi Cardoso nominated by Tinubu as CBN governor

Yemi Cardoso nominated by Tinubu as CBN governor

President Bola Ahmed Tinubu has approved the nomination of Olayemi Cardoso to serve as the new Governor of the Central Bank of Nigeria, CBN for a term [...]
Olam Group pays N1bn bail bond to secure release of Indian director over multibillion naira forex fraud

Olam Group pays N1bn bail bond to secure release of Indian director over multibillion naira forex fraud

Olam Group has paid a huge bail bond of N1 billion to secure the release of one of its directors in Nigeria, Prakash Kanth. Olam Group is a leading [...]
DSS interrogates CBN deputy gov, Aishah Ahmad

DSS interrogates CBN deputy gov, Aishah Ahmad

The Deputy Governor of the Central Bank of Nigeria, CBN, in charge of Financial System Stability, Aishah Ahmad, has been apprehended by the Department [...]
Folashodun Adebisi Shonubi: All you need to know about new CBN acting gov

Folashodun Adebisi Shonubi: All you need to know about new CBN acting gov

Following the suspension order on Godwin Emefiele, the governor of Central Bank of Nigeria, CBN, by President Bola Ahmed Tinubu, Folashodun Adebisi Sh [...]
Tinubu yanks off fuel subsidy, charges CBN to work towards a work towards a unified exchange rate

Tinubu yanks off fuel subsidy, charges CBN to work towards a work towards a unified exchange rate

Bola Ahmed-Tinubu has said that he would phase out fuel subsidy which he said would save the country at a time of drying resources. Tinubu made the [...]
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