Emefiele Archives - Page 2 of 3

Mar

13

2023

Governors give Malami, Emefiele Tuesday ultimatum to obey Supreme Court

Economy, Lifestyle, Metro, Opinion, Politics2023, Abubakar Malami, Economy, Emefiele, Lifestyle, Metro, Next Level, Nigeria, Opinion, Politics

Wodu and Raphael Ede State governments, which sued the Federal Government on the naira redesign policy, have given the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, and the Central Bank of Nigeria Governor, Godwin Emefiele, till Tuesday to comply with the order of the Supreme Court on the currency. The state governments threatened to file contempt charges against the two top officials on Tuesday should they fail to obey the apex court which ordered that the old N1,000, N500, and N200 should be in circulation alongside the new notes till December 31, 2023. Over one week…

Jan

29

2023

By Amos Oge Kalu

Old Naira deadline is Feb.10, deposit to continue till 17th February – CBN.

Business, Economy, Lifestyle, Metro, Politics2023, Business, CBN, Economy, Emefiele, Metro, Nigeria, Politics

The Central Bank of Nigeria has extended the deadline for the swapping of old naira notes with the redesigned ones till February 10, 2023. The CBN stated this in a release on Sunday. The apex bank said it added “a 10-day extension of the deadline from January 31, 2023, to February 10, 2023, to allow for the collection of more old notes.” This is according to the CBN governor, Godwin Emefiele. He also noted that Nigerians would still be able to deposit their old notes directly with the CBN until February 17, 2023, described as “grace period.” There has been…

Dec

20

2022

By Amos Oge Kalu

Alleged terrorism: DSS can’t arrest Emefiele, court rules

Economy, News, PoliticsCBN, DSS/EFCC, Emefiele, Nigeria, Politics

The Chief Judge of the Federal High Court Abuja, Justice John Tsoho, has rejected the suit filed by the Department of State Services to arrest the governor of the Central Bank of Nigeria, Godwin Emefiele over terrorism charges. The Chief judge described the suit as an illegal operation and plot to deceive the court into granting a frivolous order to help them arrest and deprive an innocent man of his personal liberty. Delivering his ruling on suit No. FHC/ABJ/CS/2255/2022 between State Security Service (applicant) and Godwin Emefiele (respondent), Justice Tsoho said the entire affidavit depositions, especially as per paragraph 4…

Dec

20

2022

By Amos Oge Kalu

Withdrawal Limit: I am not available to brief you – Emefiele writes Reps

Business, Economy, News, OpinionBusiness, CBN, Economy, Emefiele, National Assembly, Nigeria, Representatives

The Central Bank Governor, Godwin Emefiele has once again failed to appear before the House of Representatives over the cash withdrawal limit policy of the CBN. The CBN Governor, in a letter written by the Deputy Governor, of Corporate Services, Edward Adamu, said he is currently outside the country for an official assignment. He stated that he will communicate with the House on an appropriate date. “Regrettably, the governor is unavailable to brief the House of Representatives at this time, because he has other scheduled official engagements he is currently addressing abroad. ”Accordingly, he has requested that we respectively convey…

Dec

20

2022

By Amos Oge Kalu

Timi Frank tells DSS to stop illegal plot to arrest Emefiele

Economy, Opinion, Politics2023, CBN, DSS/EFCC, Emefiele, Nigeria, Opinion, Politics, Timi Frank

Press Release - 20/12/22 Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, on Tuesday, urged the Department of State Services (DSS), to urgently halt their alleged grand plot to harass, humiliate, arrest and illegally force the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, out of office. Frank who was reacting to allegations to that effect made by the Coalition of United Political Parties (CUPP) in Abuja on Monday, also called on President Muhammadu Buhari to call the DSS and other conniving officials to order in a bid not to intensify the…