BREAKING: Emefiele gets N300m bail over new Naira note printing

Former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has been granted a N300million bail following his arraignment on a four-count charge of printing new naira notes without observing due process. Emefiele pleaded not guilty when the charge brought against him by the Economic and Financial Crimes Commission (EFCC) was read. The ex-Governor […]

Emefiele moves out of CBN Gov’s quarters in Lagos

Central Bank of Nigeria (CBN) Godwin Emefiele is moving out of the apex bank Governors’ quarters in Lagos. Reporters can reliably report Emefiele was accompanied to the quarters by a team led by the CBN Special Investigator, Jim Obazee. The former CBN’s helsman is moving his personal effects from the building located on Glover Road, […]

Babachir Lawal condemns Emefiele, Bawa’s continued detention

Former Secretary to the Government of the Federation, Babachir Lawal, on Wednesday, knocked the administration of President Bola Tinubu over the continued detention of the immediate past Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa and erstwhile Governor of Central Bank of Nigeria, Godwin Emefiele, without trial. Bawa, the first EFCC boss who […]

Nigeria’s Financial System under Emefiele Was Rotten – Tinubu

Tinubu orders security agencies to crush oil theft

President Bola Tinubu says the country’s financial system under the supervision of Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), “was rotten”. Speaking at an interactive session with Nigerians in Paris, France, the president said measures are being taken to address the alleged irregularities done by Emefiele. “Then the financial system […]

Emefiele’s suspension scary to foreign Investors – Agbor group

Godwin Emefiele

Agbor professionals business Group has condemned the suspension of the Central Bank Governor, Mr. Godwin Emefiele, saying that this will not help stabilize our financial sector. The group in a statement signed by its coordinator Mr.Tony Ugbejie noted that this is becoming a pattern as the last CBN governor (Sanusi Lamido) did not finish his […]

BREAKING: Tinubu suspends Emefiele as CBN Governor

Godwin Emefiele

President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy. Mr Emefiele has been directed to immediately hand over the affairs of his office to […]