Court awards Emefiele N100m in damages
Jan. 8, 2024 Justice Olukayode Adeniyi of an FCT High Court on Monday awarded N100 million in damages to suspended former governor of the central bank of Nigeria (CBN) against…
Alleged $3.4bn CBN forex deal: Our story, by Dangote
Chairman of Dangote Group, Alhaji Aliko Dangote, has broken his silence on the visit by officials of the Economic and Financial Crimes Commission (EFCC) to its office over allegations of…
Union Bank Acquisition: Panel Summons Tunde Lemo, 2 other shareholders of Titan Trust Bank
Dec. 27, 2023 The Special Investigation Panel on the Central Bank of Nigeria (CBN) has summoned the Chairman of Titan Trust Bank (TTB), Babatunde Lemo, over the acquisition of Union…
Don’t be alarmed by reports that haven’t emanated from CBN, your funds are safe in banks – CBN to depositors
Dec. 27, 2023 The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety of their funds in the banks. The Acting Director, Corporate…
Emefiele dismisses Investigator’s report as baseless, false; insists Buhari approved naira redesign
PRESS RELEASE Re: EMEFIELE , OTHERS STOLE BILLIONS, ILLEGALLY KEPT NIGERIA’S FUNDS IN FOREIGN BANKS. After my release on bail from the correctional centre, Kuje, my attention was drawn to…
Summary of fraud allegedly committed by Emefiele, others; the Buhari connection
Operated 593 bank accounts in US, UK and China Fraudulently withdrew  $6.23m cash to pay international election observers Kept 543.4m Pounds in fixed deposit accounts in UK CBN Board did…
CBN Investigator Indicts Emefiele of Stealing Billions, Redesigning The Naira Without Approval
Dec. 22, 2023 The Special Investigator probing the Central Bank of Nigeria, Jim Obazee, says former CBN Governor Mr. Godwin Emefiele and others embezzled billions of naira and committed other…
Nigeria needs to curb inflation, stabilise forex to boost growth – World Bank
December 13, 2023 Nigeria still needs to control inflation and stabilise its foreign exchange market to boost growth in Africa’s largest economy following currency reforms and the removal of a…
Old, New Naira Notes To Co-Exist Till Further Notice – Supreme Court Rules
Nov. 29, 2023 The Supreme Court has ordered that the old N200, N500, N1000 notes should continue to co-exist with the new notes till further notice. The apex court, in…
Alleged fraud: What EFCC’s 3 witnesses told court in trial of  Emefiele
The trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele on Tuesday began in an FCT high court, with the EFCC calling three witnesses. The EFCC charged…