DESPITE PROTESTATIONS, EMEFIELE BEGINS SECOND TERM AS CBN GOVERNOR

Despite all protestations including allegations of a 500billion fraud, the powers that be simply turned a blind eye and asked him to.continue in office. Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele Monday commenced his second term in the position. This followed the confirmation of his re-appointment as Governor by the Senate on May 16, 2019. Emefiele formally assumed duty after subscribing to the relevant Oath of Office administered by the Bank’s Secretary and Director, Corporate Secretariat Department, Mrs. Alice Karau. Emefiele, who was received into the Bank…

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CBN GOVERNOR SPEAKS ON MULTIPLE FOREIGN EXCHANGE RATE

Godwin Emefiele THOSE accusing the Central Bank of Nigeria (CBN) of operating multiple foreign exchange (forex) rates are wrong, CBN Governor Godwin Emefiele has said. What obtains are multiple foreign exchange (forex) windows, Emefiele said. The CBN boss spoke at the University of Ibadan (UI) Distinguished Leadership Lecture Series, organised by the university in collaboration with the apex bank in Ibadan. The multiple forex windows ensures that forex reaches critical sectors of the economy, he added. Emefiele noted that the naira exchange rate had substantially converged around N360/$1, whether it…

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PRIVATE INVESTIGATOR LANDS IN PRISON AFTER EMEFIELE’S DEFAMATION SUIT WHILE CBN GOVERNOR IGNORES SUMMONS ON MISSING 500BIL CBN MONEY

Godwin Emefiele,  governor of the Central Bank Of Nigeria(CBN), has filed  a defamation suit  against George  Uboh, the chairman of George Uboh Whistleblowers Network (GUWN). The suit is coming on the heels of the bail granted George Uboh on Friday by the Chief  Magistrate of the Upper Area Court sitting in Zuba, a suburb of the Federal Capital Territory, Abuja. The bail did not materialize, however, because no sooner had he been granted bail as regards the Ned Nwoko allegations than the police prosecution pressed another charge, brought by Emefiele,…

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13 THINGS YOU PROBABLY DIDNT KNOW ABOUT EMEFIELE, CBN GOVERNORS

Governor of the Central Bank of Nigeria(CBN) Godwin Emefiele has been re-appointed for another five years in office. This is the first time since 1999 that anyone will serve for a second term. Senate President Bukola Saraki read President Muhammadu Buhari’s letter on Thursday, May 9, 2019. He was screened on Wednesday and his confirmation came on Thursday, May 16, 2019. Here are 13 things you probably did not know about Godwin Emefiele. 1. He was born on August 4, 1961, in Lagos. 2. His hometown is Ika South, Delta…

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ECONOMY: TOUGHER TIMES AHEAD OF NIGERIA SAYS EMEFIELE

The Governor of Central Bank of Nigeria(CBN) Dr Godwin Emefiele said on Wednesday that tough times are ahead of the country in view of a rapid increase in population on yearly basis and what he called penchant of Nigerians to sabotage government policies on economic growth. Dr Emefiele, who stated this while appearing before the Senate Committee on Banking, Insurance and other Financial Institutions, on in the Senate, said that Nigeria will be the third largest populated country in the world by 2050. He said that the country by 2050 is projected…

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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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