S’East CBN board nominee rejects Tinubu’s appointment
The senate has confirmed four nominees as members of the board of directors of the Central Bank of Nigeria (CBN) after a nominee from the south-eastern region rejected the offer.…
Olayemi Cardoso’s dilemma
By Tunde Rahman Those who know Mr. Olayemi Cardoso will agree he got his current job as the Governor of Central Bank of Nigeria on a platter of solid professional…
$6.2m Fraud: Buhari’s signature on withdrawal from CBN fake – ex-SGF Boss Mustapha
The Second Prosecution Witness (PW2) in the ongoing trial of former governor of Central Bank of Nigeria (CBN) Godwin Emefiele, Boss Mustapha, on Tuesday told Justice Hamza Muazu of the…
FG denies reported plot to convert $30bn in domiciliary accounts to naira
The Federal Government has denied reported plans to convert foreign exchange in depositors’ domiciliary accounts to naira. On Saturday, sections of the media reported that the Federal Government had plans…
CBN concludes payment of ‘all verified FX claims’ by foreign airlines
The Central Bank of Nigeria (CBN) says it has concluded the payment of all verified foreign exchange (FX) claims by airlines with an additional $64.44 million paid to the concerned…
Relocation of FAAN, CBN Depts from Abuja to Lagos and the protests of hypocrisy
By Lere Olayinka I read the reaction of the Northern Senators Forum (NSF), Arewa Consultative Forum (ACF) and others, condemning the relocation of some departments in the Central Bank of…
CBN replaces sacked Union, Polaris, Keystone bank CEOs
The Central Bank of Nigeria (CBN) has announced the appointment of new chief executive officers for Union, Keystone and Polaris banks following the sacking of the board of the companies.…
CBN sacks Union, Polaris, Keystone bank boards, management
The Central Bank of Nigeria (CBN) on Wednesday, dissolved the boards and management of Polaris, Union and Keystone Banks. In a statement signed by the apex bank's Hakama Sidi Ali,…
Breaking: EFCC storms Dangote’s office over forex transactions with CBN
Operatives of the Economic and Financial Crimes Commission (EFCC) are currently raiding the head office of the Dangote Group in Lagos over forex transactions between it and the Central Bank…
Investigator summons ex-CBN deputy gov, others over contradictory statements on Union Bank sales
The Special Central Bank of Nigeria (CBN) Investigator, Jim Obazee, has summoned the Chairman of Titan Trust Bank, Babatunde Lemo, in connection with the controversial acquisition of Union Bank of…