Godwin Emefiele Archives

Emefiele Gets 72-hour Ultimatum To Resign Or Be Sacked By Buhari

The Central Bank of of Nigeria (CBN) Governor, Godwin Emefiele, has been issued a 72-hour ultimatum or be removed by President Muhammadu Buhari through the National Assembly. The ultimatum was issued on Friday by over 30 civil society organizations following allegations of “terrorism financing and economic crimes” leveled against the CBN governor by Nigeria’s State […]

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CBN Governor Emefiele To Be Arrested? Senate Issues Threat With Reason

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Following what the Senate described as uneven disbursement of N500 billion development fund across the six geo-political zones, it has threatened to issue arrest warrants on the governor of the Central Bank of Nigeria, Godwin Emefiele. The Senate’s Adhoc committee on the issues on Wednesday, November 30, also threatened to issue an arrest warrant on the

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CBN: Tinubu Support Group Seeks Court Order Against Emefiele

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A group under the aegis of South-South Agenda for Tinubu/Shettima (SSAT), one of the APC/Tinubu Support Groups in the South-South has announced that their legal battle to seek judicial reprieve for the suspension of the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele from office will commence this week at a Federal High Court, Abuja.

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Emefiele States Why Naira Is Falling, Reveals When National Card Will Commence

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The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has blamed the number of Nigerian students seeking foreign education for the depletion of the foreign reserves. Reports say the official foreign exchange received from crude oil sales into Nigeria’s reserves has depleted steadily from over $3 billion monthly in 2014 to zero dollars in 2022, according

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CBN Governor Emefiele Explains Features Of New Naira Notes

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The Central Bank of Nigeria Governor, Godwin Emefiele has explained the features of the redesigned notes. Emefiele told State House Correspondents that it was in line with global best practices, noting that it was mandatory for the naira to be redesigned and re-issued every five to eight years. According to him, it is regrettable that

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CBN To Restrict Amount Of Money Individual Can Withdraw From Account

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The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said that the Central BANK will restrict the amount of money individuals can redraw from their account. According to GREENBARGE REPORTERS, he said, “We will restrict the volume of cash that people can withdraw over the counter. “If you need to withdraw large

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