At the ongoing trial of former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, at the Federal Capital Territory (FCT) High Court, Abuja, a witness revealed that there were deviations in the naira redesign project by the last administration.  

A witness at the ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, on Tuesday told the Federal Capital Territory High Court, Abuja that there were deviations in the Naira redesign project. Former Director of Currency Operations at the CBN, Ahmed Umar, told the court that the currency notes minted were different…

A Lagos-based public affairs analyst and writer, Gbenga Ibrahim, has commended President Bola Tinubu and CBN President Yemi Cardoso for driving change through the ongoing anti-corruption campaign in the country's apex bank. Tinubu had announced significant progress in the investigation into the Central Bank of Nigeria (CBN). The probe, led by special investigator Jim Obazee,…

The newly wedded groom in Bauchi State has revealed how he could not approach the love of his life due to shyness and resorted to using the Facebook app to propose to one of his church members whom he had been in love with. Philemon Yakubu, who got married to his wife, Mrs. Philemon, in…

Justice Yellim Bogoro of the Federal High Court Lagos has ordered an interim forfeiture of the sums of $4,719,054, N830,875,611 and several properties linked to the embattled former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele.

A Federal High Court in Ikoyi, Lagos, has ordered the interim seizure of $4,719,054, N830,875,611, and properties linked to a former Central Bank of Nigeria (CBN) governor, Godwin Emefiele. Justice Yellim Bogoro issued the order on Friday after an ex-parte application by Economic and Financial Crimes Commission (EFCC) counsels, Bilkisu Buhari and C.C. Chineye. The…

Justice Yellim Bogoro of the Federal High Court, Lagos has ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, and several properties linked to the embattled former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele. He made the order following an ex-parte application filed by the Economic and Financial Crimes Commission…

The question of whether to raise or hold the monetary policy rate (MPR) confronts the Monetary Policy Committee, the rate-fixing arm of the Central Bank of Nigeria (CBN), as its members converge on Abuja in the next two days for its crucial 295th meeting.

Victor Onyejiuwa, a witness of the Economic and Financial Crimes Commission (EFCC), has admitted in court that he gave bribes to John Ayoh, a director in the Central Bank of Nigeria (CBN), and not the apex bank’s former governor, Godwin Emefiele. Onyejiuwa, who made the admittance at the continuation of the cross examination by Emefiele’s…

Former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, yesterday, entered his plea at the Federal Capital Territory (FCT) High Court sitting in Maitama, Abuja, on fresh criminal charges brought against him by the Federal Government.

An FCT high court in Maitama on Wednesday admitted the embattled former Central Bank Governor, Godwin Emefiele, to bail in the sum of N300 million . Justice Maryann Anenih granted him bail while ruling on his bail application over an alleged unlawful naira colour swap. The Economic and Financial Crimes Commission brought against him a-four…

A former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on Wednesday was arraigned on fresh charges at the Federal Capital Territory High Court in Maitama, Abuja. The four-count charge preferred against the Ex-CBN governor borders on illegal printing of naira and unlawful withdrawal of funds from the consolidated revenue account. According to…