REVEALED: How Emefiele Allegedly Used Proxies To Buy Union, Keystone, Polaris Banks   The sacked governor of the Central Bank of Nigeria (CBN), Godwin Emefiele allegedly used proxies and purchased Union Bank of Nigeria (UBN), a report by Jim Obazee, the special investigator appointed by President...

Currency in Circulation Hits New High   As latest data indicate, the currency in circulation (CIC) reached a new high of N2.99 trillion at the end of October 2023, it appears that the Central Bank of Nigeria (CBN)’s policies and leadership changes have been playing a...

Court Grants Emefiele Bail   Justice Olukayode Adeniyi of the High Court of the Federal Capital Territory, on Wednesday, has granted bail to the detained former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Recall that the embattled former governor of the apex bank has...

Finally, EFCC Presents Former CBN Governor, Emefiele, in Court   The Economic and Financial Crimes Commission (EFCC) has presented the former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele in the court. The EFCC had failed to comply with the order of the Federal Capital Territory directing...

Former CBN Governor, Emefiele Arrested by EFCC Former Governor of the Central Bank of Nigeria, Godwin Emefiele, is currently being detained in the custody of the Economic and Financial Crimes Commission (EFCC). Emefiele, who is currently being interrogated at the National Headquarters of the anti-graft agency,...

External Reserves Drop by $3bn in Six Months, Says CBN   Nigeria’s external reserves fell by $2.85bn in the first half of 2023 due to external debt finance among other challenges, figures obtained from the Central Bank of Nigeria have revealed. The CBN revealed in its figures...