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Godwin Emefiele: Dramatic downfall of top banker captivates Nigeria

Nigeria's once-powerful central bank chief has been charged with illegally owning a shotgun and hundreds of cartridges, marking a spectacular fall for a man...

Court orders Emefiele’s release from DSS custody

In a significant turn of events, a recent court ruling has nullified the arrest, detention, and interrogation of the suspended Governor of the Central...

Court orders DSS to file charges against Emefiele

Justice Hamza Muazu of the High Court of the Federal Capital Territory, FCT, Abuja, has issued an ultimatum to the Department of State Services...

CBN revokes license of 132 Microfinance banks

The Central Bank of Nigeria (CBN) has revoked the operating licenses of 132 Microfinance Banks, three finance companies and four primary mortgage banks. The list...

Labour extends ultimatum to CBN to end cash crunch by 2 weeks

The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) on Tuesday extended the ultimatum issued to CBN to make naira available in...

NLC declares nationwide strike

The Nigeria Labour Congress (NLC) has directed public sector workers in the country to embark on strike. The strike is billed to commence on Wednesday...

CBN raises interest rate to 18%

The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rates, from 17.5 percent...

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