Thursday, 28th March 2024
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Godwin Emefiele

15 Dec
The Nigerian economy is tanking. And so no matter the statistics and upbeat reports spewing out to the public from official and paid channels, the economy of the nation is on statis. “Nothing goes, nothing comes. It’s awful”, says Sam Becket in his dreary play “Waiting for Godot”. Godwin Emefiele has cast a spell on…
7 Dec
The Chairman of the House of Representatives committee on public petition, Mr Mike Eteba yesterday grilled officials of the Economies and financial crimes commission (EFCC) and the Nigeria Correctional Service...
7 Dec
There was mild drama on Thursday at the venue of the House of Representatives public hearing on a petition brought against the EFCC, the DSS, and the Nigeria Correctional Service (NCoS), by a civil society organisation, Justice Centre, over an alleged failed attempt by EFCC officials to abduct Godwin Emefiele from the custody of the…
6 Dec
The pronouncement of the Supreme Court last week extending the validity of both the old and the new Nara notes as legal tender until further notice should provide some relief to anxious Nigerians who are already lamenting the scarcity of naira...
5 Dec
The House of Representatives has summoned the director-general of the State Security Service (SSS), Yusuf Magaji Bichi, over a supposedly failed attempt by security agents to forcefully remove the former Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, from the custody of Nigeria Correctional Centre in Kuje, Abuja, in defiance to a subsisting…
5 Dec
Stakeholders and elders of Agbor in Delta State have raised concerns over the safety of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, whom they alleged is currently being sequestered and shackled like a common criminal by the Nigerian state.
5 Dec
The former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele is planning to approach the court for the variation of the N300 million bail granted him by a High Court of the Federal Capital Territory (FCT). “Yes, we are still on it. We hope to conclude on the bail issue before the week…
4 Dec
In the dimming twilight of unorthodox monetary policies that marked the tenure of deposed Central Bank Governor, Godwin Emefiele, the new head of Nigeria’s apex bank emerges as a harbinger of change, signaling a profound reset in the country’s monetary policy landscape.
28 Nov
A Federal Capital Territory High Court in Abuja has adjourned the trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele to Thursday and Friday, January 18 and 19, 2024. Emefiele is facing a six-count amended charge bordering on alleged procurement fraud to the tune of N1.6 billion. Emefiele pleaded not guilty to the…
28 Nov
The House of Representatives has taken a decisive step to investigate the Economic and Financial Crimes Commission (EFCC) following allegations of failed attempts to forcibly remove former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, from the Nigeria Correctional Service (NCoS) in Kuje Custodial Centre, Abuja. The move defies a subsisting court order granting Emefiele…
27 Nov
The first time it was mentioned at a gathering of Nigerian central bankers in recent times, it was treated as a policy option that could be applied to an inflation crisis that has defied several approaches.
23 Nov
Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court, yesterday, admitted former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, to a N300 million, with two sureties in like sum.

Latest

2 hours ago
Nigerian banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said. This comes after the apex bank urged Nigerian banks to expedite action on the recapitalisation of their capital base to strengthen the financial…
2 hours ago
President Bola Ahmed Tinubu has approved the appointment of Dr. Abdullahi Usman Bello as the Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Presidential spokesman, Ajuri Ngelale, confirmed Tinubu's approval of Bello's appointment in a statement on X on Thursday. According to the Ngelale, Dr. Bello is a consummate…
3 hours ago
Hoodlums attacked and set on fire the Neni Divisional Police station in Anaocha Local Government Area of Anambra State. It was gathered that the hoodlums numbering about 30 stormed the area at about 2am on Thursday and destroyed several buildings. READ ALSO: First phase of Lagos-Calabar Highway to be completed in three years – FG…
4 hours ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) has affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees. Dispelling rumors of a reversal in the dissolution of the former management under Dr Tinuade Sanda, Mr. Dere Otubu,…
4 hours ago
The Federal Government said the first phase of the Lagos-Calabar highway will be completed within the next three years. This was disclosed on Thursday in a statement by Ben Bem Goong who is the spokesman to the Minister of Works, Engr. David Umahi. Goong made this announcement following Umahi's inspection of the Lagos-Calabar coaster highway…
5 hours ago
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
5 hours ago
An Ikeja High Court on Thursday issued a bench warrant against the former employee of Punch Nigeria Ltd., Olusegun Ogunbanjo, and others charged with N950 million fraud.
6 hours ago
An Ikeja Sexual Offences and Domestic Violence Court on Thursday discharged and acquitted a 23-year-old student, Victory Tasie, charged with defiling his girlfriend.
6 hours ago
Persons familiar with the antecedents of Senator Uba Sani, the Governor of Kaduna State, readily attest to the fact that he is hardly ever deterred by challenges or adversities, no matter how daunting. Stories abound of his daring exploits as a young civil and human rights activist when successive military juntas held sway in Nigeria.…
6 hours ago
A former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus and members of the Presidential Campaign Council of the party for the 2023 general elections in Rivers State have declared their loyalty to President Bola Ahmed Tinubu and the state governor, Siminalayi Fubara. A former Minister of Transportation and the Director-General, PDP-PCC Rivers…