The Department of State Services (DSS) on Tuesday told the Federal Capital Territory High Court that suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, will flee the country if granted bail. The Attorney General of the Federation also supported the argument of the DSS, describing Emefiele as a “flight risk.” Emefiele is challenging his
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…Anambra traders had requested for time extension over new naira notes deadline It was jubilation galore on Sunday in various cities in Anambra following the announcement of extension of new naira notes deadline to February 10 by the Central Bank of Nigeria (CBN). The CBN governor, Godwin Emefiele, in a press statement said the new deadline is February
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Reactions have continued to trail the new withdrawal policy of the Central Bank of Nigeria, CBN, and the redesign of the Naira notes. Governors of the 36 states have on Tuesday, summoned the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, over the withdrawal policy and the redesigned naira notes. The governors, under the auspices
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…says “We are giving the President seven days to sack Emefiele” The Human Rights, Liberty Access, and Peace Defenders’ Foundation (HURIDE) and Campaign for Democracy (CD) South East zone has called on President Muhammadu Buhari to sack Governor of Central Bank of Nigeria (CBN), Mr .Godwin Emefiele. Speaking through its leader, Dede Uzor A Uzor
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…says a redesign of the naira is 12 years overdue Following recent comments by the Minister of Finance, Budget and National Planning, the Central Bank of Nigeria (CBN) has on Saturday revealed that it followed due process in its decision to redesign some denominations of the naira notes. The apex bank noted that the exercise
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…lamenting that Arabic is not Nigeria’s second official language Nigerians have asked the Central Bank of Nigeria, CBN, to remove the Arabic inscription from the redesigned naira notes. The apex bank had announced that it would unveil the redesigned naira notes on December 15, 2022. The CBN Governor, Godwin Emefiele, said the new currencies to be
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…Emirates Manager for Nigeria, said the airline is not familiar with the visa ban The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has revealed why the United Arab Emirates, UAE is threatening visa ban on Nigerians. Emefiele said the UAE Visa Ban was as a result of the funds of airlines trapped
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The House of Representatives has invited Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN); Zainab Ahmed, the minister of finance, budget and national planning as well as Ahmed Idris, the accountant-general of the federation over the purported illegal withdrawal of $21 billion from the Nigeria Liquefied and Natural Gas Limited (NLNG)’s Dividends
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The Central Bank of Nigeria’s Monetary Policy Committee on Friday cautioned the Federal Government against the rising debt level in the country. The committee urged the Federal Government to build fiscal buffers to cushion the impact of oil price decline on the economy. In October 2005, Nigeria and the Paris Club announced a final agreement
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