Justice Joyce Abdulmalik of the Federal High Court in Abuja has issued an order preventing the Central Bank of Nigeria (CBN) from releasing further financial allocations to the Rivers State Government until a lawful appropriation act is enacted by a properly constituted House of Assembly. The ruling was delivered on Wednesday, October 30, as part of a judgment in a suit brought by the Rivers State House of Assembly, led by Martins Amaewhule.
Browsing: CBN
In a bid to stabilize the nation’s volatile exchange rate, the Central Bank of Nigeria (CBN) has issued an order to Deposit Money Banks, instructing them to divest their excess dollar holdings by February 1, 2024.
In a decisive stand against the relocation of key departments of the Central Bank of Nigeria (CBN) and the Federal Airports Authority of Nigeria (FAAN) to…
In a recent development at the High Court of the Abuja Federal Capital Territory (FCT), Justice Hamza Muazu has decreed that Godwin Emefiele, the ex-Governor of the Central Bank of Nigeria (CBN), must be held in Kuje prison until November 22, 2023, awaiting the court’s verdict on his bail plea.
No gainsaying the point that Nigerian citizens are currently undergoing severe trials and tribulations at the hands of the financial powers that be.
Have you ever wondered how some people have bundles of new notes to spend at parties? Most people do not know how to take advantage of the current money…
The reason your Automated Teller Machine, ATM cards might not work again, is there would be a new option by the Central Bank of Nigeria, CBN, to foster all domestic transactions.
Civil Society Organizations, CSOs, under the aegis of the Coalition of Civil Society Organisation and Youth Group, CCSGYG, yesterday, in a massive protest in Abuja, warned the Department of State Security Service, DSS, against a plot to arrest and detain the Central Bank of Nigeria’s Governor Godwin Emefiele over some trump-up charges.
Over 2000 Civil Society Organizations, CSOs, under the auspices of Coalition of Civil Society Organizations on Good Governance, CCSGG, Friday, staged a protest that blocked gate of the National Assembly, and called for arrest of a Member of House of Representatives from Jigawa State, Hon Gudaji Kazaure, over unfounded allegations on the alleged N89 trillion stamp duty fraud against the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele.
Over 2000 Civil Society Organizations, CSOs, under the auspices of the Coalition of Civil Society Organizations on Good Governance, CCSGG, Thursday, blasted critics of the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, on lies and founded allegations.
It’s no rocket science to gain access to the Central Bank of Nigeria, CBN’s redesigned Naira Notes, as the bills are now available in the various commercial banks.
The newly introduced Central Bank of Nigeria, CBN cash withdrawal limit did not greet Nigerians well, as a considerable number of individuals, Business owners and Corporations, have outrightly kicked against the idea.
The Central Bank of Nigeria, CBN, has proposed Nigeria’s Naira Notes redesign every 5-8 years.
It came as a surprise when Nigerians learnt that the Central Bank of Nigeria, CBN, revealed plans to release new naira notes design different from the nation’s present currency denominations.
The Central Bank of Nigeria (CBN) has announced its plan to redesign the current naira note by December 2022.
The new Naira to Dollar exchange rate has placed the Nigerian currency in an an-almost-valueless position.
Some Nigerian Citizens have demanded the sack of Godwin Emefiele, the Central Bank of Nigeria, CBN, over what they described as ‘woeful failure since he started his tenure in the apex bank.
All suspicions have been laid to rest as the Central Bank of Nigeria, CBN Governor, Godwin Emefiele, has just purchased the All Progressives Congress, APC Nomination and Expression of Interest Form worth one hundred million naira (₦100,000,000).
The Central Bank of Nigeria, CBN building in Benue State was reported to be engulfed by fire in the early hours of Thursday 21, 2022.
For failing to comply with cryptocurrency regulations, the Central Bank of Nigeria, CBN, resolved to punish three top commercial banks.
Nigerian House of Representatives has commenced inquisition into the forty billion dollars ($40bn) fund recovered by the Economic and Financial Crimes Commission, EFCC, and remitted to the Central Bank of Nigeria, CBN, that is not accounted for in any available record.
