Godwin Emefiele Archives

N2.7trn Was Kept In People’s Homes Before We Ordered Redesign of New Naira Notes – Emefiele

Godwin Emefiele has revealed that part of the reasons the Federal Government decided on the redesign of currency denominations was the fact that N2.7 trillion was...

CBN Makes U-Turn, Increases Cash Withdrawal Limits To N500,000

Business2 years ago

CBN Makes U-Turn, Increases Cash Withdrawal Limits To N500,000

The Central Bank of Nigeria (CBN) on Wednesday, reviewed cash withdrawal limits to N500, 000 and N5 million for individuals and corporate accounts respectively. The apex...

Court To INEC, AGF: Show Cause Why Godwin Emefiele Shouldn’t Contest

Politics3 years ago

Court To INEC, AGF: Show Cause Why Godwin Emefiele Shouldn’t Contest

Justice A. R. Mohammed of the Federal High Court in Abuja has asked the Independent National Electoral Commission (INEC) and the Attorney General of the Federation...

First Bank Battle For Control: Babalola Resigns, Abdullahi Takes Over As CBN State Stance

Business3 years ago

First Bank Battle For Control: Babalola Resigns, Abdullahi Takes Over As CBN State Stance

First Bank battle for control has seen the resignation of Babalola as FBNH Chairman with Abdullahi set to take over as approved by CBN. Infoexpert24 reports that the Central Bank of...

CBN Battles To Save Naira As External Reserves Lost $610m In Nov 2021

Business3 years ago

CBN Battles To Save Naira As External Reserves Lost $610m In Nov 2021

Nigerian external reserves fell by $610m in November as Centra Bank struggles to save the Naira. Infoexpert24 reports that the reserves dropped to N$41.22bn as of...