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My Special Investigator will soon Unveil Malfeasance of Emefiele’s CBN – Tinubu 

My Special Investigator will soon Unveil Malfeasance of Emefiele's CBN - Tinubu  Dear Compatriots, It is my unique honour to address you on this day, the 63rd anniversary of our nation’s independence, both as the President of our dear country and, simply, as a fellow Nigerian. 2....

On CBN’s Anchor Borrowers and Loan Defaulters by Ejike Okpa

Something is fundamentally wrong when a Central Bank of Nigeria (CBN) acts like a deposit Bank.

Court Dismisses Emefiele Brothers’ Suits Against DSS, AGF

Court Dismisses Emefiele Brothers’ Suits Against DSS, AGF   A Federal Capital Territory High court has struck out two separate fundamental rights enforcement suits by two siblings of the suspended Governor of the Central Bank of Nigeria, Godwin Emefiele, against the Attorney General of the Federation...

CBN Loan To Manufacturer, Power Firms Soars To N5.6trn

CBN Loan To Manufacturer, Power Firms Soars To N5.6trn   The Central Bank of Nigeria (CBN) intervention in the power, manufacturing and aviation sectors have risen to N5.6tn in three years. The soft loans were advanced amid the continued and varied challenges facing the key sectors of...

Naira Redesign, Others Gulped N74bn In 2022, Says CBN

Naira Redesign, Others Gulped N74bn In 2022, Says CBN   It cost the Central Bank of Nigeria (CBN) and its subsidiary about N74.84bn to produce and roll out currencies, including new naira notes, in 2022. Despite the scarcity of naira that plagued the country in the latter...

Alleged N6.9bn Fraud: Court Reschedules Emefiele’s Arraignment

Alleged N6.9bn Fraud: Court Reschedules Emefiele's Arraignment The arraignment of suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the Federal Capital Territory (FCT) High Court in Abuja over N6.9 billion alleged procurement fraud has been stalled due to the absence of the second...