Contempt Proceedings: Court Orders Substituted Service on Emefiele
CBN Gov. Godwin Emefiele An FCT High Court sitting in Kubwa, on Wednesday, granted an application seeking substituted service on CBN Governor, Godwin Emefiele, who is charged with alleged contempt…
Nigeria Spends Over $500m Annually on Palm Oil Importation
The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele on Monday said that over five hundred million dollars was being spent annually on importation of palm…
Economic Crimes: CBN, EFCC Meet to Tackle Violations of FX Restriction on 43 Items, Seal Information-sharing Deals
The Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC), have agreed to cooperate, under the inter-agency framework, to strengthen the country’s fight against…
CBN Governor, Godwin Emefiele to End Five-year Term in June, Ahmed Kuru, Ahmed Kuru Likely Candidates
 CBN Gov. Godwin Emefiele The head of the Central Bank of Nigeria, CBN, Godwin Emefiele is likely to exit the bank in June, beginning with a leave from…
Nigeria’s Energy Sector’s Crippling Debts Delay Next Power Plant
Plans to build another privately-financed power station in Nigeria to help end decades of chronic blackouts have been delayed because of concerns about persistent shortfalls in payments…
Fresh $1.2bn Alleged Illegal Withdrawals from NLNG dividends…Senate Summons Maikanti Baru, Isiaka Abdulrasak and Godwin Emefiele for Questioning Thursday Next Week
The Senate Committee on Gas has decried a fresh 1.2 billion dollars illegal withdrawal from the Nigeria Liquefied Natural Gas ( NLNG). The Chairman of the committee, Sen. Bassey…
Remittances Inflows: Nigeria Tops Other African countries…Among Top 5 Globally -Emefiele
The Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, says Nigeria has topped other African countries in remittances of inflows and is among the top five globally. He made this known…
ATM card maintenance charges: Senate Urges Suspension by CBN…calls for N40,000 withdrawal limit on ATMs
The Senate has urged the Central Bank of Nigeria (CBN) to suspend the Automatic Teller Machine (ATM) maintenance and withdrawal charges from customers by banks pending the outcome…
Stable exchange rate best choice for Nigeria – Emefiele
Godwin Emefiele, CBN Gov. The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining stable exchange rate to avoid depreciation of the Naira is better than…
Nigeria could reduce demands in MTN dispute – CBN Governor
The Nigerian Central Bank may alter the amount it has ordered South African telecoms firm MTN to repatriate as part of a dispute, central bank governor Godwin Emefiele said on…