SENATE CONFIRMS EMEFIELE AS CBN GOVERNOR, SEE WHAT THEY CONCLUDED ON THE 500BIL FRAUD

The Nigeria Senate has reacted to the allegations of stolen N500 billion at the Central Bank of Nigeria (CBN). The Senate Committee on Banking, Insurance and other Financial Institution dismissed the allegations on Wednesday at plenary. This was as Governor of the CBN, Godwin Emefiele appeared before the committee for screening and confirmation for second term. Igbere TV reports that Chairman of the Committee, Rafiu Ibrahim, said the allegations were targeted at bringing down the CBN governor. Our National Assembly correspondent reports that the committee, thereafter, approved a second term…

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ABUJA LAWYER ASKS SENATE TO DENY EMEFIELE CONFIRMATION FOR SECOND TERM, SEE HIS SERIOUS ALLEGATION

A legal practitioner, George Uboh, has gone to court to stop plan by the federal government to extend the appointment of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The financial recovery agent, in a suit brought before the Federal High Court, Abuja division, said the federal government cannot ask the Senate to confirm Emiefele’s reappointment when a matter challenging his stewardship had not been decided. In an affidavit deposed to by Martin Okoye, a lawyer at the chambers of the applicant’s counsel, JohnMary Jideobi, the applicant…

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RELEASED AUDIO TAPE: SENATE UNDER PRESSURE TO STOP CBN GOVERNOR EMEFIELE’S CONFIRMATION

Godwin Emefiele, governor of Nigeria’s central bank. Photographer: Chris J. Ratcliffe/Bloomberg • Timi Frank calls for EFCC’s investigation of allegation • Governor Dickson hails Buhari over appointment • CBN gov meets President after leaked audiotape Forces against the reappointment of Central Bank of Nigeria (CBN) Governor Godwin Emefiele have stepped up pressure on the Senate to reject his confirmation. The upper legislative chamber will, this week, officially commence the processing of President Muhammadu Buhari’s request to have the apex bank boss clinch another five-year term. It was learnt yesterday that…

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CBN ADMITS AUTHENTICITY OF AUDIO INVOLVING MULTIBILLION NAIRA COVER UP

The Central Bank of Nigeria on Sunday admitted the audio conversation between governor of the central bank, Godwin Emefiele, deputy governor, Edward Adamu, director of finance Dayo Arowosegbe and special adviser to the governor, Emmanuel Ukeji while they where discussing how to cover up N500 billion Naira which they had invested in a private business that ran aground. Confirming the audio, the CBN in a press statement on Sunday signed by Issac Okorafor, director corporate communications said the “In closing the Bank’s 2018 accounts, external auditors in their Draft  Account,…

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CONTROVERSY OVER LEAKED AUDIO BETWEEN EMEFIELE AND DEPUTY DISCUSSING HOW TO COVER UP 500BIL TRANSACTION, WATCH AND LISTEN

AUDIO TAPE: How Central Bank Governor Emefiele, Deputy Adamu And Top Officials Discussed How To Cover-Up N500bn Which They Stole From The CBN. (the Audio which have part1 and part 2) Godwin Emefiele, Governor of Central Bank of Nigeria and his Deputy Edward Lametek Adamu and the Director for Finance Dayo M. Arowosegbe including one of the Special Advisers to the CBN Governor, Emmanuel Ukeje have been caught on tape discussing how to cover up the loss of over N500billion stolen from the CBN in a private investment that went…

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WHAT EMEFIELE’S REAPPOINTMENT MEANS FOR NIGERIAN ECONOMY

The decision by President Muhammadu Buhari to renew the appointment of Godwin Emefiele as Governor of the Central Bank of Nigeria has elicited excitement among analysts and stakeholders, who believe his comeback is a good omen for the economy, report Kunle Aderinokun and Bamidele Famoofo History was made last Thursday, when a letter from President Muhammadu Buhari was read Senate President Bukola Saraki on the floor of the upper chamber, asking the lawmakers to endorse his re-appointment of Godwin Emefiele as CBN governor. The letter from the president titled: ‘Renewal…

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WHY BUHARI REAPPOINTED EMEFIELE AS CBN GOVERNOR

Godwin Emefiele, governor of Nigeria’s central bank, speaks during the Nigeria Capital Markets and Banking Forum in London, U.K. Photographer: Chris J. Ratcliffe/Bloomberg President Muhammadu Buhari has reappointed Godwin Emefiele as the governor of the Central Bank of Nigeria (CBN) and asked the Senate to confirm him. By the reappointment, which came after wild speculations, he has become the first governor of the apex bank to get a two-term mandate since the return to civil rule in 1999. He was appointed in 2014 by former President Goodluck Jonathan. In a…

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SEE THE 3 JOSTLING TO REPLACE EMEFIELE AS CBN GOVERNOR FAILS TO GET BUHARI’S ENDORSEMENT

Failed to get Buhari’s endorsement * Accused of plunging the country into recession *Three names already penciled down as possible replacement Investigation indicates that the current Governor of the Central Bank of Nigerian, CBN, Godwin Emefiele may be on his way out as inside sources has revealed that efforts by the CBN governor to hang on to power for a second term in office may not yield result. It would be recalled that Emefiele’s tenure at CBN ends next month June, while stakeholders and policy experts are divided on the…

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CBN TO BLACKLIST BANK ACCOUNTS LINKED WITH SMUGGLERS OF TEXTILES

Francis Sardauna in Katsina The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said the apex bank is currently gathering data about, and investigating the accounts of individuals and corporate organisations involved in smuggling and dumping textile materials into Nigeria. Emefiele warned that after the investigation, the names of the individuals and companies involved would be publicised, stressing that persons or organisations found culpable would be blacklisted and all the banks in Nigeria shall be barred from conducting any banking business with the companies, their owners and top…

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CBN SET TO WITHDRAW 7.9TRILLION MUTILATED, DIRTY NOTES FROM CIRCULATION

LARGE proportion of the N7.9 trillion pieces of naira notes in circulation are dirty, mutilated, unfit for Automated Teller Machines (ATMs) and over-the-counter payments, the Central Bank of Nigeria (CBN) has said. A statement by CBN’s Deputy Governor, Operations Folashodun Shonubi and Director, Currency Operations Department Mrs. Pricilla Eleje spoke of plans to withdraw such notes from circulation. The officials said the bank had the obligation of providing adequate supply of clean banknotes to facilitate seamless payment and settlement of transactions by the public, government and banks. CBN Governor Godwin…

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