CBN Sacks All First Bank Directors Including Ibukun Awosika and Oba Otudeko, Reinstates Adeduntan as MD/CEO

Nigeria (CBN) has removed all the directors of First Bank of Nigeria Plc and those of First Bank Holding Company. Those sacked include Chairman of First Bank, Chief (Mrs) Ibukun Awosika and the Chairman of First Bank Holding, Oba Otudeko.

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Nine Suspected Attackers of Ex-CBN Gov Soludo Arrested

Nine suspected attackers of former Central Bank of Nigeria (CBN) Governor, Prof Chukwuma Soludo have been arrested in Anambra State. Recall that three of Soludo’s police orderlies were killed while others were injured in the attack which occurred during a

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Stop Giving Coloration to Printing of Money – CBN Governor, Godwin Emefiele

In response to Governor Godwin Obaseki’s comment of FG printing N50-60 billion for states to share, CBN Governor, Godwin Emefiele has discredited and confirmed as lies Governor Godwin Obaseki’s comment of FG printing N50-60 billion for states to share. While

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We’re Not Aware – CBN Reacts to Gov Obaseki’s Claim of Printing N60 billion for States

The Central Bank of Nigeria and the Federal Ministry of Finance, Budget, and National Planning have said they are not aware of the N50-N60 billion Edo state governor, Godwin Obaseki, alleged was printed and disbursed to states to cushion the

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Abacha’s Time Was a Golden Era Compared With What is Happening Now in Nigeria – Former CBN Deputy Governor, Obadiah Mailafia

Former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia has said that Nigeria is more insecure under President Muhammadu Buhari than it was when General Sani Abacha was in power. Mailafia made the claim while appearing on

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CBN Announces ₦6.98 Charge for USSD Transactions

The Central Bank of Nigeria (CBN) has imposed ?6.98 service charge on Nigerians for all USSD transactions. A statement jointly signed by the apex bank and the Nigerian Communications Commission (NCC) and released today March 16, says customers will pay

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CBN Governor, Godwin Emefiele Confirms Adjustment of Naira to N410/$1

Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN) has confirmed that exchange rate of naira to dollar has been adjusted to N410/$1 at the official market. Addressing bankers at a summit on the economy in Lagos on

Read More CBN Governor, Godwin Emefiele Confirms Adjustment of Naira to N410/$1