The Federal Capital Territory High Court in Abuja has adjourned the trial of ex-Governor of the Central Bank of Nigeria, Godwin Emefiele, on charges of alleged N1.6bn procurement fraud. The court scheduled the continuation of the trial for January 18 and 19, 2024.
Emefiele faces a six-count...
The Central Bank of Nigeria (CBN) has announced its intention to conduct a comprehensive review of its licensing framework for payment services. CBN Governor, Olayemi Cardoso, highlighted concerns about recent developments in the payment services sector, emphasizing the need for a regulatory and...
Nigeria's Central Bank Governor, Olayemi Cardoso, disclosed a staggering $1.4 billion revenue drop between 2015 and 2019 due to forex restrictions on 43 key items.
The revelation, made during a keynote address at the Chartered Institute of Bankers of Nigeria, highlighted a 51.0% increase in...
In a significant address at the 58th Annual Dinner of the Chartered Institute of Bankers of Nigeria, CBN Governor Dr. Olayemi Cardoso revealed plans to direct Deposit Money Banks to bolster their capital base.
The move is a response to President Bola Tinubu's ambitious projection of a $1tn...
The Central Bank of Nigeria (CBN) has once again deferred the meeting of its Monetary Policy Committee (MPC), despite the country grappling with a significant surge in inflation. A Bloomberg report on Monday quoted Dr. Isa Abdulmumin, the CBN's Director of Corporate Communications, confirming...
The Central Bank of Nigeria (CBN) has issued a statement to dispel rumors of plans to redenominate the country's legal tender. The CBN's Director of Corporate Communications, Isa AbdulMumin, clarified the bank's position amid growing speculation about a potential redenomination policy.
The...
The House of Representatives is set to invite Central Bank of Nigeria (CBN) Governor Olayemi Cardoso to clarify the recent policy changes that lifted the forex restriction on 43 items. This decision comes in response to a motion of urgent public importance raised by member Sada Soli, who...
The federal government of Nigeria is on the brink of securing a substantial budget support facility amounting to $1.5 billion from the World Bank, announced Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. This significant development was disclosed during the...
Dr. Olayemi Cardoso, the newly confirmed Governor of the Central Bank of Nigeria (CBN), has unveiled ambitious plans to boost the country's Gross Domestic Product (GDP) to $1 trillion within eight years. During his confirmation hearing before the Senate, Cardoso outlined strategies, including...
The Nigerian Senate has confirmed Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN), along with four Deputy Governors: Emem Usoro, Muhammad Dattijo, Philip Ikeazor, and Bala Bello. Dr. Cardoso's confirmation comes after rigorous screening by the Upper Chambers of the...
President Bola Tinubu has nominated Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN). The announcement was made by Ajuri Ngelale, Special Adviser to the President on Media and Publicity.
Dr. Olayemi Michael Cardoso is an accomplished Nigerian banker, chartered...
President Bola Tinubu has nominated Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN), according to a statement from his spokesperson, Ajuri Ngelale. Cardoso's nomination is pending confirmation by the Nigerian Senate and is in line with Section 8(1) of the Central Bank of...
The House of Representatives have summoned the Central Bank of Nigeria governor, Godwin Emefiele – The green chambers also summoned the managing director of the Nigerian Deposit Insurance Corporation, Umaru Ibrahim – Both men are expected to provide answers on the new status of Savannah Bank The...
Today's News Highlights Include
https://www.nigerianbulletin.com/threads/glory-osei-and-muyiwa-folorunsho-accused-fraud-by-ex-employee-%E2%80%93-nairaland.406817/...
Today's News Highlights Include:
Buhari nominates CBN Governor, Godwin Emefiele for another term - Daily Post
https://www.nigerianbulletin.com/threads/buhari-nominates-cbn-governor-godwin-emefiele-for-another-term-daily-post.385649/
Jigawa speaker impeached – Linda Ikeji’s Blog...
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