Godwin Emefiele

November 29, 2023

Minister of Interior Announces Due Date for Automation of Nigerian Passport | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss LP accuses the Supreme Court of failing to deliver judgement regarding Obi vs. Tinubu case The Labour Party (LP), the supporting political party of the presidential candidate Peter Obi, has alleged that the Supreme Court... Read More

5 Things that Should Matter Today, CBN, Godwin Emefiele, IATA, Labour Party, Nigeria debt, Nigerian News, nigerian passport, Politics

August 16, 2023

N6.9 Billion Procurement Fraud: Here is Why Godwin Emefiele is Facing Trial

The Federal Government is poised to bring to light a complex web of allegations in a high-profile case involving suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and his associates. The upcoming arraignment, scheduled to transpire at the Federal Capital Territory (FCT) High Court in Abuja, will pivot around the colossal sum of N6.9... Read More

Godwin Emefiele, N6.9 Billion Procurement Fraud, Sa’adatu Yaro, suspended CBN governor

Super Falcons Defeat Australia 3-2 in Thrilling Women’s World Cup Clash; Gbajabiamila Reveals Reason for Non-Assignment of Portfolios to Tinubu’s Ministerial Nominees | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss Super Falcons Defeat Australia 3-2 in Thrilling Women’s World Cup Clash In a breathtaking showdown at the 2023 Women’s World Cup, the Super Falcons of Nigeria displayed their sheer grit and determination, orchestrating an exhilarating comeback... Read More

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DSS vs NCS: Emefiele Rearrested Amid Physical Brawl at High Court

The Department of State Services (DSS) has once again taken custody of Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), in a dramatic courtroom clash. Chaos erupted at the federal high court in Ikoyi, Lagos, as DSS operatives engaged in a physical altercation with officials of the Nigerian Correctional Service (NCS)... Read More

Blogs, The News Blog

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Emefiele Arrives Federal High Court Clutching Bible for Firearms Allegations Hearing, Pleads ‘Not Guilty’

Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), made a notable entrance at the federal high court in Ikoyi, Lagos, clutching a Bible on Tuesday morning. The Bible, securely tucked inside a red paperback, accompanied him as he arrived at around 9:18 am for his scheduled arraignment before the presiding judge,... Read More

Blogs, The News Blog

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Reps Launch Investigation into Fuel Price Increase; Mmesoma Offers Apology to JAMB for Result Forgery | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss Reps Launch Investigation into Fuel Price Increase In response to the recent surge in the fuel pump price, the House of Representatives has taken decisive action, passing a resolution during Wednesday’s plenary session to establish an... Read More

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Abuja Court Deems Arrest and Detention of Emefiele Illegal, Orders Immediate Release

In a significant legal development, yet another Abuja High Court has ruled that the arrest and detention of Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN), by the Department of State Services (DSS) is illegal. Delivering the judgment, Justice Bello Kawu held that these actions directly contravened the existing judgment and... Read More

Blogs, The News Blog

Abuja High Court, Department of State Services (DSS), Godwin Emefiele, Immediate release, suspended CBN governor

EFCC uncovers N70 billion fraud involving suspended CBN Governor, Godwin Emefiele

The Economic and Financial Crimes Commission (EFCC) of Nigeria has recently made a significant discovery of fraudulent activities involving the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and others, resulting in the realization of N70 billion. This revelation sheds light on a forex differential fraud scheme orchestrated by Emefiele in collusion... Read More

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DSS Denies Custody of Suspended CBN Governor Godwin Emefiele

In a swift response to the widespread speculation surrounding the status of Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), the Department of State Services (DSS) clarified that he is not currently in their custody. Reports had emerged suggesting that Emefiele had been apprehended by DSS operatives following his suspension. The... Read More

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Everything You Need to Know About The Acting CBN Governor, Folashodun Adebisi Shonubi

In a surprise move that sent shockwaves through Nigeria’s financial sector, President Bola Tinubu announced the suspension of Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), on Friday night. Tasked with leading the apex financial institution in an acting capacity is Mr. Folashodun Adebisi Shonubi, the Deputy Governor of the Operations Directorate.... Read More

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Tinubu Vows to Review Emefiele’s Naira Redesign Plan; Biden Congratulates Tinubu, Calls for Stronger US-Nigeria Relations | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss Tinubu Vows to Review Emefiele’s Naira Redesign Plan During his inaugural speech at Eagles Square in Abuja, Federal Capital Territory, President Bola Ahmed Tinubu expressed his intention to review the naira redesign policy implemented by... Read More

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CBN confirms disbursement of substantial amount of naira notes to banks

The Central Bank of Nigeria (CBN) has implemented a coordinated effort to ease the circulation of banknotes of various denominations across the country. To achieve this, the CBN has evacuated banknotes from its vaults and distributed them to commercial banks nationwide. This measure is expected to increase the availability of cash in circulation, thereby mitigating... Read More

Central Bank of Nigeria (CBN), Godwin Emefiele, Naira redesign, naira scarcity, old naira notes

Emefiele apologizes for failed electronic transactions, assures quick resolution

The CBN governor, Godwin Emefiele, has issued an apology to the people of Nigeria for the recent uptick in unsuccessful online banking transactions. On Tuesday, after a two-day meeting in Abuja, the CBN governor gave a closing statement. Nigerians have had a difficult time making effective banking transactions using their mobile apps, USSD platforms, and... Read More

Central Bank of Nigeria (CBN), electronic transactions, failed transactions, Godwin Emefiele, Naira redesign

Old Naira Notes Legal Tender Till Dec 31 – CBN; Peter Obi Challenges Tinubu’s Victory Process | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss: Old Naira Notes Legal Tender Till Dec 31 – CBN The Central Bank of Nigeria (CBN) says the old N200, N500, and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, the CBN spokesperson,... Read More

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Fake and malicious news – Emefiele dismisses allegations of targeting Tinubu

Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), has categorically denied accusations of orchestrating a plot against Bola Tinubu, the President-elect. Reports had emerged claiming that Emefiele was working with a “billionaire retired general” from the north, and had provided funds to Gbadebo Rhodes-Vivor, the governorship candidate of the Labour Party in... Read More

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Naira Redesign was to boost the economy, not to cause hardship – Buhari

President Muhammadu Buhari has apologized to Nigerians for the re-design of the naira, stating that the move was not intended to bring hardship. Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele revealed the proposal to redesign the N200, N500, and N1,000 notes in October 2022. The Central Bank imposed a deadline of February... Read More

APC, central bank of Nigeria, economy, Godwin Emefiele, hardship, Naira redesign, President Muhammadu Buhari, Uba Sani

February 22, 2023

Supreme Court Fixes March 3 for Judgement on Lawsuit Challenging Naira Redesign Policy of CBN

The Supreme Court has announced its decision to deliver its judgment on the lawsuit against the Central Bank of Nigeria’s (CBN) Naira redesign policy on March 3. The announcement was made by a seven-member panel of the court on Wednesday. Kaduna, Kogi, and Zamfara initiated the suit before the Supreme Court, seeking to restrain the... Read More

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