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How $6.2m stolen from CBN was shared, court documents reveal

How $6.2m stolen from CBN was shared, court documents reveal Documents have shown how the $6,230,000 cash allegedly stolen from the Central Bank of Nigeria...

The extreme and continuous monetary tightening by the CBN, are we on the right track?

By Segun Sanni The Buhari government did great damage to Nigeria’s economy for the excessive money it created and threw carelessly into the economy. We’re...

Scandal: Wike agencies, Aso Villa, CBN, Finance owing N47b in electricity bills

By Deola Olukande The Abuja Electricity Distribution Company has listed Nigeria's seat of power, the Aso Rock Villa; its seats of financial power, the Central...

CBN sacks boards of Titan, Polaris, Union, Keystone Banks, names interim management

The Central Bank of Nigeria has booted out the entire Board of Directors governing Polaris, Union and Keystone Banks. The CBN announced the decision in a statement...

Telecom companies, banks and unresolved USSD debts

By Sonny Aragba-Akpore Despite the hype around financial inclusion which telecommunications regulator, the Nigerian Communications Commission (NCC) puts at 70%, the controversy surrounding the...

Tinubu appoints Obazee special investigator to probe CBN, others

President Bola Tinubu has appointed the former Executive Secretary of the Financial Reporting Council of Nigeria (FRC), Jim Obazee as the Special Investigator of the Central Bank of...

CBN collapses all forex windows into one as Naira dips marginally

The Central Bank of Nigeria (CBN) has effectively unified all segments of the foreign exchange (forex) market collapsing all previous windows into one, a...

The acting CBN Governor and the powers of the President to remove and suspend CBN chiefs

Folashodun Adebisi Shonubi, CBN Deputy Governor of Operations, is the acting CBN Governor. He has been a Deputy Governor for nearly five years. Born...

CBN Governor suspended by President Tinubu

The Central Bank of Nigeria governor, Mr. Godwin Emefiele has been suspended from office by President Bola Tinubu. A statement by the Director of Information,...

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