Nominee Declines CBN Board Position Due to World Bank Commitments
Urum Kalu Eke, a proposed member for the Central Bank of Nigeria’s Board of Directors, has declined the nomination due...
CBN Governor Summoned Over REMITA Revenue Leakages
On Tuesday, the House of Representatives’ Public Accounts Committee issued a directive for the Central Bank of Nigeria’s Governor, Olayemi...
CBN Sets New Forex Regulations for BDC Operations
The Central Bank of Nigeria (CBN) has issued a directive requiring entities that sell foreign exchange to Bureau De Change...
TTB Chairman, Tunde Lemo Summoned for Questioning Over Union Bank Acquisition
Jim Obazee, the Special Investigator of the Central Bank of Nigeria (CBN), has summoned Titan Trust Bank Chairman Babatunde Lemo...
CBN Halts Processing Fees on Large Cash Deposits
According to a recent statement issued by Dr. Adetona Adedeji, the Acting Director of Supervision, the Central Bank of Nigeria...
FG’s Deficit Spending Rises by 11% in Seven Months
According to a recent report on the economy, the Federal Government’s deficit spending rose by 11% from January to July...
US-Based Nigerian Intellectuals Allege Human Rights Violations in Emefiele’s Trial
The Conference of Nigerian Intellectuals in the United States, headed by Dr. Philips Idris, has recently expressed grave concerns regarding...
Abuja Court Grants Emefiele N300m Bail
In a recent development, the Federal Capital Territory High Court in Abuja has granted bail to former Governor of the...
CBN Extends Validity Of Old Naira Notes Indefinitely
In a significant development, the Central Bank of Nigeria (CBN) has officially announced its intention to extend the validity of...
Abuja Court Grants Emefiele Bail
In a significant development, an Abuja High Court sitting at Maitama has granted bail to Mr. Godwin Emefiele, the former...
Court Orders Immediate Release Of Godwin Emefiele From EFCC Custody
In a significant legal development, the Federal High Court in Abuja has issued a compelling order for the immediate and...
CBN Says No Plans For Naira Redenomination
In a recent development, the Central Bank of Nigeria (CBN) has categorically denied rumors of plans to redenominate the Nigerian...
EFCC Arrests Emefiele After His Release By DSS
In a surprising turn of events, the Economic and Financial Crimes Commission (EFCC) apprehended the former Governor of the Central...
Senate To Screen Nominees For CBN Governor, Deputy Governors Today
In a significant development for Nigeria’s financial sector, the Senate is set to commence the screening process for Olayemi Cardoso...
Cardoso Assumes Role As CBN Governor
In a significant turn of events for the Central Bank of Nigeria (CBN), Dr. Olayemi Michael Cardoso has officially taken...
CBN Report: $5.86 Billion Repatriated by Foreign Firms in Nigeria
In a recent disclosure by the Central Bank of Nigeria (CBN), foreign firms repatriated a staggering $5.86 billion from the...
Tinubu Appoints Special Investigator To Probe CBN
President Bola Ahmed Tinubu has appointed, Jim Osayande, a special investigator to probe the Central Bank of Nigeria.
CBN Lifts Ban On Aboki FX, NairaBet, 437 Others
The Central Bank of Nigeria has lifted a post-no-debit restriction placed on the bank accounts of 440 individuals and companies.
![[UPDATED] Emefiele Pleads Not Guilty To Illegal Possession Of Fire Arms](https://odunews.com/wp-content/uploads/2023/06/Emefiele.jpg)
[UPDATED] Emefiele Pleads Not Guilty To Illegal Possession Of Fire Arms
The DSS has arraigned the suspended governor of the Central Bank, Godwin Emefiele, in the Federal High Court, Lagos over illegal possession of fire arms.
CBN Directs Banks To Pay Diaspora Remittances To Recipients In Naira
The Central Bank of Nigeria has directed Deposit Money Banks to pay diaspora remittances to their recipients in naira.