The government of Kaduna, Kogi, and Zamfara states have filed contempt proceedings against the Attorney General of the Federation and Minister of Justice, Abubakar Malami, and the Central Bank Governor, Godwin Emefiele, over their alleged failure to comply with the Supreme Court order on old naira notes. Recall that …
Read More »Naira scarcity: President Buhari meets Emefiele again in Abuja
As Nigerians continue to experience hardship in accessing the new Naira notes, President Buhari met with the Governor of the Central Bank of Nigeria, Godwin Emefiele, at the State House, Abuja Monday, February 13. Emefiele arrived at the villa around 1:00pm, shortly after the President returned from the …
Read More »Naira scarcity: CBN denies reports Emefiele said no paper to print new Naira note
The Central Bank of Nigeria (CBN) has denied reports claiming that the Governor of the apex bank, Godwin Emefiele, said the current challenge in the distribution of the newly redesigned naira banknotes is due to a shortage of printing materials at the Nigerian Security Printing and Minting Company Plc. …
Read More »Emefiele could have chosen Naira redesign policy to discredit APC – Oshiomhole
Former Governor of Edo state, Adams Oshiomhole has said that the Naira redesign policy might have been instituted to scuttle the elections scheduled for February 25 and March 11. Oshiomhole who appeared in a Channels Television interview on Sunday, February 5, described the policy as ?ill-conceived, not well-thought-out and …
Read More »Emefiele bows to pressure, says banks will accept old notes after February 10 deadline
Emefiele also apologised to the lawmakers for failing to answer the previous summons. Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN) says commercial banks will still accept old naira notes from customers after the February 10 deadline.
Read More »Banks will accept old naira notes after deadline – Emefiele
Governor of the Central Bank of Nigeria, Godwin Emefiele has said that banks in the country will continue to accept the old Naira notes after the stipulated deadline. Speaking during an interactive session with the house of representatives ad hoc committee on the currency redesign and Naira swap policy on …
Read More »New Naira notes: CBN gov, Godwin Emefiele, finally appears before House of Representatives
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is currently before the house of representatives ad hoc committee investigating the redesign and swap policy of some Naira notes. Recall that last week, the Speaker of the House of Representatives, Femi Gbajabiamila, had threatened to issue a …
Read More »Emefiele has weaponised the CBN and is an enemy of democracy – FFK kicks against the cancellation of old Naira notes, calls for policy to be implemented after the election
Former Aviation Minister, Femi Fani-Kayode, has slammed the governor of the Central Bank of Nigeria, Godwin Emefiele, over the new monetary policy. The CBN in December 2022, introduced the newly redesigned N200, N500, and N1000 notes and has said they will cease to be legal tenders by February 10. …
Read More »Court stops DSS from arresting CBN governor, Godwin Emefiele
Justice J.T Tsoho of a federal high court sitting in Abuja has declined an application by the Department of State Services (DSS) to arrest and detain Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), TheCable reports. According to the publication, in declining the motion ex parte filed by an applicant in …
Read More »Forex shortage hurting national development ? Emefiele
Governor of Central Bank of Nigeria (CBN) Godwin Emefiele has raised an alarm of shortage of foreign exchange having a negative impact on achievement of national development goals. Speaking on Friday, December 9, at the ongoing Bankers’ Committee Retreat in Lagos, Emefiele said there’s need to recognise the hindrances of high inflation and …
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