Tag Archives: CBN

CBN Probe: Aisha Ahmad Not In DSS Detention

CBN Source claims Aisha Ahmad was Released After DSS Questioning Online reports alleging the arrest and detention of the Deputy Governor of the Central Bank of Nigeria in charge of Financial System Stability (FSS), Aisha Ahmad are not factual. However,

DSS Grills, Detains CBN Deputy Governor

A Deputy Governor of the Central Bank of Nigeria, Kingsley Obiora, has been allegedly detained by personnel of the Department of State Services. According to Peoples Gazette, the CBN deputy governor has spent four nights in the custody of the

AGF, CBN gov, Others Risk Arrest for Shunning Reps Invitation

The House of Representatives ad hoc committee investigating non-remittance to the National Housing Fund and utilisation of funds from 2011 to date on Thursday warned that the chief executive officers who failed to honour its invitation risk being subpoenaed. The

CBN Releases Consolidated Financial Statements Of Seven Years Amid Investigation

The Central Bank of Nigeria has made the consolidated financial statements for the previous seven years accessible for public inspection, marking the first time since 2015 that the top bank has done so. The CBN published Consolidated Financial Statements for

Inflation: Nigeria not Doing Badly Compared with Other African Countries — CBN

The Central Bank of Nigeria has said the country’s inflation rate is better compared to most African nations. The acting Governor of the CBN, Folashodun Shonubi, stated this on Tuesday at the 2023 Zenith Bank International Trade Seminar. Shonubi, who

Tinubu Meets World Bank Chief, says Forensic Audit of CBN Underway

‘We’ll Win Back Investor Confidence’President Bola Tinubu revealed that a comprehensive forensic audit of the Central Bank of Nigeria (CBN) is underway. He also disclosed that a thorough overhaul of the Civil Service payroll would soon be carried out. He

Currency in Circulation Hits N2.26tn, Says CBN

Currency outside banks rose to N2.26tn at the end of June 2023, according to the latest figures from the Central Bank of Nigeria. According to figures obtained by The PUNCH from the CBN, the currency outside banks rose by 185.68

JUST IN: Tinubu Appoints Jim Obazee, Former FRC Boss, As Special Investigator To Probe CBN

Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has appointed Jim Obazee, former chief executive officer of the Financial Reporting Council of Nigeria, as a special investigator. The special investigator to investigate the Central Bank of Nigeria (CBN) and related entities. President

CBN Lifts Ban On Bamboo, Nairabet, AbokiFX, 437 Accounts

The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit is when all debit transactions, including those made with ATMs and checks, are prohibited on

BREAKING: Finally, SSS Brings Emefiele to Court

The suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, was brought to the Federal High Court, Ikoyi, Lagos, on Tuesday morning. He was brought into the court premises at 9:21 a.m. by officers of the State Security