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Emefiele Detained by EFCC Following Release from DSS Custody Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, finds himself in custody once more, this time detained by the Economic and Financial Crimes Commission (EFCC).…

BREAKING: Tinubu nominates Cardoso as CBN Governor, names four deputies President Bola Tinubu on Friday approved the nomination of Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN) for a term of five years at…

CBN threatens clampdown on BDC operators as Naira tumbles to 900/$ As the naira continues to defy efforts to tame its slide, the Central Bank of Nigeria (CBN) has threatened to revoke operating the licences of Bureau De Change (BDC)…

The Central Bank of Nigeria has released the Consolidated Financial Statements for the last seven years, making it the first time since 2015 that the apex bank will be making its book available for public scrutiny. The Consolidated…

The suspended Governor of the Central Bank of Nigeria, Godwin Emefiele, has arrived at the Federal High Court sitting in Lagos State. The embattled CBN boss arrived at the court premises around 9:20 am for his alleged gun possession…

The Central Bank of Nigeria (CBN) has removed the restrictions on domiciliary accounts and has increased the cash deposits to $10,000 daily. The bank confirmed this development in a statement on Sunday after an extraordinary Bankers’…

The Central Bank of Nigeria (CBN) has confirmed the operational changes to the foreign exchange market. In a statement on Wednesday by Angela Sere-Ejembi, Director, Financial Markets of CBN, the apex bank affirmed the abolishment of…

Emefiele now in our custody for investigation, DSS confirms The Department of State Services (DSS) has confirmed that the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is now in its custody for investigation.…

DSS arrests Emefiele shortly after suspended by Tinubu The suspended Governor of the Central Bank of Nigeria, Godwin Emefiele, has been arrested by the Department of State Services, DSS. This is coming shortly after Emefiele was…

CBN dismisses reports of naira devaluation, says $1/N465 remains The Central Bank of Nigeria (CBN) has dismissed reports claiming that the apex bank has devalued the naira to about 630 naira to a dollar. The report on the currency…