In the face of excruciating credit squeeze, high cost of production, restrictive fiscal space and cost of living crisis, the rate-fixing arm of the Central Bank of Nigeria (CBN), the Monetary Policy Committee (MPC), voted overwhelmingly to increase the benchmark interest rate by another half point.
Following the judgment of the Supreme Court yesterday ordering that the old naira notes must remain in circulation till December 31, 2023, the ruling All Progressives Congress (APC) has called on Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele and the Attorney General of the Federation (AGF), Mr. Abubakar Malami, to resign their positions over their ignoble role in the matter.
As the nation awaits the decision of the Supreme Court tomorrow over the naira redesign policy, President Muhammadu Buhari, yesterday, met with Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the Presidential Villa, Abuja.
Lawyers and litigants were shocked, yesterday, when court officials refused them filling processes with old naira notes.
Northern leaders have asked the Central Bank of Nigeria (CBN) Governor, Godwin Emeifele, to extend the deadline of the expiration of the old naira notes as legal tender in the country, following the hardship Nigerians have been subjected to, in getting the new notes to transact businesses and meeting domestic economic needs.
For an effective and efficient monetary policy system that would revolutionise the economy of Nigeria, the new government in 2023, should consider seriously, the decentralisation and depoliticisation of the Central Bank of Nigeria (CBN).
Niger Delta Ethnic Nationalities Youth Leaders Council (NDENYLC) has called on the Department of State Services (DSS) to concentrate on investigating alleged infractions in the administration of Central Bank of Nigeria (CBN) instead of intimidating and harassing the Governor, Godwin Emefiele. The group, in a statement, yesterday, in Abuja by its President-General, Terry Obieh, cautioned…
29 Nov 2022
President Muhammadu Buhari was obviously and appropriately excited when the Central Bank Governor Mr Godwin Emefiele presented the newly designed currency notes to the members of the Federal Executive Council (FEC) last week.
23 Nov 2022
Coalition of Northern Patriots for National Reorientation (CNPNR) has called on President Muhammadu Buhari to ignore calls for the sack of Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, over his plan
14 Nov 2022
A group, South-South Agenda for Tinubu/Shettima, has defended its call on President Muhammadu Buhari to audit the accounts of the Central Bank of Nigeria (CBN) and to sack the Governor of the apex bank, Godwin Emefiele
4 Nov 2022
Concerned Northern Forum (CNF) has called on President Muhammadu Buhari to sack the Central Bank of Nigeria (CBN) Governor, Dr. Godwin Emefiele, and his team within seven days over controversies trailing the plan to redesign the nation’s currency.
21 Oct 2022
A Federal High Court in Abuja has ordered Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to appear before it on January 18, 2023, to explain his refusal to obey a valid order for payment of a $70 million debt.