A report by the Central Bank of Nigeria (CBN) has revealed that out of the total loans of N10.3 trillion disbursed as intervention, N193 billion has been declared lost and another N418.9 billion remains doubtful.According […]
Top officials at the Central Bank of Nigeria, CBN, and other commercial banks have alleged witch-hunt and undue intimidation by Jim Obazee, the Special Investigator appointed by President Bola Tinubu to probe a former CBN […]
The Central Bank of Nigeria (CBN) has announced a ban on the payment of Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) by cash. The apex bank made this known in a circular dated […]
The Team of Special Investigator investigating massive fraud in the Central Bank of Nigeria (CBN) has written to the Inspector General of Police (IGP) to place three Nigerians on Interpol Red Notice for massive fraud […]
Misery of Nigerian importers have continued to worsen as the Central Bank of Nigeria (CBN), on Wednesday, readjusted the Customs exchange rate from N1444.56/$1 to N1,481.482/$1. According to information gathered, the exchange rate was reviewed […]
Immediate past Secretary to the Government of the Federation SGF, Boss Mustapha, on Tuesday exonerated himself and former President Muhammadu Buhari from the alleged fraudulent payment of $6.2 million to foreign election monitoring observers. He […]
A Former branch controller of the Central Bank of Nigeria, Ogau Onyeka Michael, has narrated how his former boss, Godwin Emefiele, asked the apex bank to illegally pay $6,230,000 to international election observers. In his […]
The First Prosecution Witness, PW1, in the ongoing trial of former governor of Central Bank of Nigeria, CBN, Godwin Emefiele, Ogau Onyeka Michael, on Monday, February 12, 2024, told Justice Hamza Muazu of the Federal […]
The Economic and Financial Crimes Commission (EFCC) has opened its case against the embattled former Governor of the Central Bank Nigeria (CBN), Godwin Emefiele, regarding his trial over a procurement fraud charge he is facing […]
The Central Bank of Nigeria, CBN, under President Bola Ahmed Tinubu, increased the Customs duties exchange rate for the third time in 2024. Import duties have been reviewed upward to N1,417.63 per US dollar from […]
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