The governors of the 36 states in the country will meet with officials of the Central Bank of Nigeria, CBN, the Economic and Financial Crimes Commission, EFCC, and the Independent Corrupt Practices and other related offences Commission, ICPC, among others to iron out issues surrounding states’ security votes on Tuesday, March 4. The Nigeria Governors’ … Read more
The Economic and Financial Crimes Commission (EFCC) Chairman, Abdulrasheed Bawa has said that over N500bn of old Naira Notes are yet to be returned to the Central Bank of Nigeria. Appearing on Channels TV’s Politics Today, Bawa also revealed that the CBN has printed N500 billion new naira notes which is in circulation. He said; … Read more
Popular Nollywood actor cum entrepreneur, Aremu Afolayan has in a video shared online wasted no time to blast the CBN Governor, Godwin Emefiele for saying CBN does not have enough paper to print new Naira notes. Recall that following Naira redesign, there has beeen scarcity of naira notes leading to low volume of money in … Read more
The Central Bank of Nigeria (CBN) has been ordered to freeze the account of Polaris Bank over a judgment debt of N2,162,561,509.84 reports omonaijablog.com.ng. An Ondo High Court gave the ganishee order, according to a report by TheNation. The order was made by Justice Adebusoye in an application filed by Ondo Attorney General and Commissioner … Read more
Officials of the Central Bank of Nigeria (CBN) have discovered N6 million of the new naira notes hoarded in Sterling Bank Plc, Ado Ekiti branch on Bank Road, Ado Ekiti in Ekiti State, having received the funds for over two weeks, THE WITNESS reports. In a trending video on social media, seen by THE WITNESS, a man who identified … Read more
CBN Ordered To Freeze Polaris Bank Account The account of Polaris Bank has been ordered frozen by the Central Bank of Nigeria (CBN), the top bank in Nigeria, due to a judgement debt of N2.16 billion. According to Legitnaijanews, a high court in Akure, the capital of Ondo state, issued a garnishee order, one of … Read more
Reactions from Nigerians have continued to trail the announced decision of the Central Bank of Nigeria (CBN) to redesign, produce and circulate new local legal tender that would affect the current currency notes. Just recently, Nollywood Actor, Uche Maduagwu, called on the apex monetary authority to consider Afrobeats Giants, Wizkid, Davido and Burnaboy in the … Read more
Chairman of the Independent National Electoral Commission (INEC), Mahmood Yakubu, has said that election materials will no longer be stored with the Central Bank Of Nigeria. The electoral commission chairman disclosed this while answering questions at an event held at the Shehu Musa Yar’adua Centre in Abuja on Saturday. Answering questions, Mr Yakubu said to … Read more
Rights activist Femi Falana has insisted President Muhammadu Buhari must sack Central Bank Governor Godwin Emefiele over his involvement in partisan politics. Mr Falana said Mr Emefiele’s continued stay in office as CBN governor could erode and compromise the credibility of the 2023 general elections. The Senior Advocate of Nigeria expressed the opinion as a … Read more
A judge in Kwale, Delta, has ordered the Independent National Electoral Commission (INEC) not to prevent Godwin Emefiele from running for president while still leading the Central Bank of Nigeria. Justice Daniel Maidoh said an application seeking to restrain INEC and CBN from frustrating Mr Emefiele’s quest to obtain the ruling APC’s presidential ticket “has … Read more
President Muhammadu Buhari has ordered Governor Godwin Emefiele to resign from the Central Bank of Nigeria over his intention to run for president in the upcoming general elections. The president’s directive came via a circular on Thursday that asked multiple categories of public officeholders seeking different elective positions next year to resign now and concentrate … Read more
The Independent National Electoral Commission on Monday warned of serious implications should Godwin Emefiele proceed with his presidential ambition. Mr Emefiele obtained the presidential nomination form of the ruling All Progressives Congress last week, although he attributed the N100 million paid for the forms to a group of farmers lobbying him to run for office. … Read more
Governor Godwin Emefiele of the Central Bank of Nigeria has filed a lawsuit seeking clarification as to whether or not he could remain in office while running for president. The suit was filed on Monday at the Abuja Division of the Federal High Court by Mr Emefiele’s lawyer Mike Ozekhome. Mr Ozekhome confirmed the development … Read more
Governor Aminu Tambuwal of Sokoto State has called on the federal government to effect the resignation of the Central Bank Governor, Godwin Emefiele. Mr Tambuwal, a presidential aspirant on the platform of the Peoples Democratic Party, made the call on Saturday, in Jalingo, shortly after interacting with the party delegates ahead of PDP presidential primaries. … Read more
The PDP’s National Publicity Secretary, Debo Ologunagba, made the call on Saturday during a press conference at the party’s National Secretariat at Wadata Plaza. According to a report by The PUNCH, the Peoples Democratic Party, on Saturday in Abuja, has called for the immediate arrest and investigation of the Governor of the Central Bank, … Read more
Godwin Emefiele According to a report by SaharaReporters, the African Action Congress (AAC) has called on President Muhammadu Buhari to sack the Governor of the Central Bank of Nigeria, Godwin Emefiele, over the latter’s involvement in partisan politics. This comes after the CBN Governor, Emefiele, picked the nomination form of the All Progressives Congress. … Read more
Rotimi Akeredolu, the Ondo State Governor, has warned that the presidential declaration by the Central Bank Governor, Godwin Emefiele, is a joke taken too far; brings “shock and disbelief” and is capable of wreaking havoc on the Nigerian economy. Akeredolu in a release he personally signed on Friday urged Emefiele to resign his appointment, … Read more
The Governor of Ondo state, Rotimi Akeredolu, has demanded that the Central Bank Governor, Godwin Emefiele, drop out of the presidential race or resign from his position. On Friday, Mr Akeredolu said in a statement that Mr Emefiele’s interest in the 2023 presidential race and partisan politics would distract him from leading the country’s apex … Read more
Presidential aspirant and activist, Omoyele Sowore has condemned Governor of the Central Bank of Nigeria, CBN, Goodwin Emefiele for purchasing N100 million presidential form of the All Progressives Congress, APC. This comes after Emefiele on many occasions denied that he will be contesting in the 2023 general elections. However, on Friday, he … Read more
Governor Godwin Emefiele of the Central Bank of Nigeria has picked up the presidential nomination form of the ruling All Progressives Congress, Peoples Gazette has learnt. Mr Emefiele’s nomination form was picked up on Friday, following Ondo politician Ajayi Boroffice in series, according. to people familiar with the development. A spokesman for Mr Emefiele did … Read more
A group of armed men that claimed to be from the oil-rich Niger-Delta has endorsed Godwin Emefiele for president in 2023. The so-called Niger Delta Freedom Reserve Force said the CBN governor is the only credible politician with the capacity to resolve Nigeria’s myriad crises if elected next year, according to a propaganda video the group … Read more
The Central Bank of Nigeria have issued a warning to banks across the country to implement enhanced measures on existing accounts and transactions related to the Benin Republic. In a circular dated April 11 and signed by Asuquo Evelyn, director of banking supervision department, it was stated that the directive became necessary following intelligence reports … Read more
![Princess Hamman-Obels [Photo Credit: Electoral Hub]](https://i0.wp.com/www.legitnaijanews.com/wp-content/uploads/2022/04/Group-asks-EFCC-CBN-INEC-to-monitor-campaign-spendings.jpeg?fit=469%2C284&ssl=1 "Group asks EFCC, CBN, INEC to monitor campaign spendings — Legit Naija")
The Electoral Hub, an advocacy group, has asked the Independent National Electoral Commission as well as anti-graft and financial institutions to monitor campaign spendings for the 2023 elections. The Electoral Hub is an organ of the Initiative for Research, Innovation and Advocacy in Development (IRIAD). Princess Hamman-Obels, director of IRIAD, Electoral Hub in an interview … Read more
An entity has been registered in London to push Godwin Emefiele as the next president of Nigeria, marking another first in a string of breakaways from long-held customs of public accountability under Muhammadu Buhari. Checks by Peoples Gazette showed Diaspora for Emefiele Limited was registered on March 29, 2022, under approval number 14010119, code 99000 of … Read more
![CBN Governor, Godwin Emefiele. [CREDIT: Bloomberg]](https://i0.wp.com/www.legitnaijanews.com/wp-content/uploads/2022/04/Northern-group-rallies-support-for-CBN-governor-Emefiele.jpg?fit=710%2C400&ssl=1 "Northern group rallies support for CBN governor Emefiele — Legit Naija")
A northern group has enjoined Central Bank governor Godwin Emefiele to declare for 2023 presidency, saying his antecedents shows he will grow the economy. The group known as Unified Northern Nigeria Youth Forum made the declaration when it took its advocacy for Mr Emefiele to political stakeholders in Dutse, the Jigawa State capital. “Emefiele is … Read more
Nigeria’s Central Bank governor and presidential aspirant, Godwin Emefiele, has taken delivery of his campaign vehicles ahead of the 2023 general elections. Several cars branded with Mr Emefiele’s pictures, adorning traditional outfits of the three major ethnic groups in Nigeria, were seen by Peoples Gazette. On March 26, campaign posters publicising the CBN governor as … Read more
An operating guideline has been released by the Central Bank of Nigeria (CBN) for the operation of the Bank Neutral Cash Hubs (BNCH). CBN said the move is to ease huge cash management and deepen financial inclusion. According to a statement on its website, the CBN said that the release of the … Read more
NPower CBN is set to finance 75,600 NPower Beneficiaries. Newsonline reports that the Federal Government in collaboration with the Central Bank of Nigeria, CBN, has concluded plans to give financial empowerment to 75,600 batches A and B beneficiaries of the N-Power programme. The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, said … Read more
Latest FG CBN Npower Nexit Business Loan Training News Today 8th March 2022 can be accessed below. Newsonline reports that the Management of the Npower Nexit Programme has confirmed that the Federal Government will Flag Off the Proposed CBN Nexit Business Loan Training Next Week. Recall that Newsonline Nigeria earlier shared an update stating that … Read more
How To Apply For CBN Agric Small and Medium Enterprise Scheme (AGSMEIS) Loan In Nigeria can be accessed below. Newsonline reports that the Agric Small and Medium Enterprise Scheme (AGSMEIS) is an initiative of the Central Bank of Nigeria (CBN) to empower agric businesses across the country. BREAKING: Despite Higher Forex Reserves, Naira Remains Under … Read more