Tag: CBN

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Witness tells court how sacked CBN governor, Godwin Emefiele made contract payments to wife, inlaw

Witness tells court how sacked CBN governor, Godwin Emefiele made contract payments to wife, inlaw

The Seventh Prosecution Witness, (PW7) in the trial of former governor of Central Bank of Nigeria, (CBN), Godwin Emefiele on Monday, June 24, 2024 tol [...]
First Bank confirms Alebiosu as CEO, Ini Ebong as deputy MD

First Bank confirms Alebiosu as CEO, Ini Ebong as deputy MD

First Bank of Nigeria (FBN) Limited has confirmed the appointment of Olusegun Alebiosu as its substantive managing director (MD) and chief executive o [...]
Abubakar, son of late Isa Funtua arrested for committing N28bn fraud

Abubakar, son of late Isa Funtua arrested for committing N28bn fraud

The Economic and Financial Crimes Commission, EFCC has confirmed that Abubakar Funtua, son of late Isa Funtua, a Federal Minister in the second Nigeri [...]
CBN withdraws banking license of Heritage Bank

CBN withdraws banking license of Heritage Bank

The Central Bank of Nigeria, CBN has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made due to the ban [...]
Court orders interim forfeiture of $4.7m, N830m, several properties traced to Emefiele

Court orders interim forfeiture of $4.7m, N830m, several properties traced to Emefiele

The Federal High Court sitting in Lagos has ordered an interim forfeiture of the sums of $4,719,054; N830,875,611, and several properties linked to em [...]
Emefiele gets N300m bail, denies N684.5m note printing

Emefiele gets N300m bail, denies N684.5m note printing

A Federal Capital Territory High Court in Abuja, on Wednesday, granted the immediate past Governor of the Central Bank of Nigeria, Godwin Emefiele, ba [...]
Tinubu directs CBN to halt implementation of cybersecurity levy

Tinubu directs CBN to halt implementation of cybersecurity levy

President Bola Tinubu has asked the Central Bank of Nigeria, CBN to suspend the implementation of the controversial cybersecurity levy policy and orde [...]
Reps direct CBN to halt implementation of cybercrime levy

Reps direct CBN to halt implementation of cybercrime levy

The House of Representatives on Thursday, May 9, directed the Central Bank of Nigeria, CBN, to halt the implementation of the cybercrime levy introduc [...]
CBN imposes 0.5 percent cybersecurity levy on all transactions + 5 key facts to know

CBN imposes 0.5 percent cybersecurity levy on all transactions + 5 key facts to know

The Central Bank of Nigeria, CBN, on Monday, May 6, directed banks and other financial institutions to start charging a cybersecurity levy on all bank [...]
How CBN directive triggered Adesola Adeduntan, First Bank MD’s resignation

How CBN directive triggered Adesola Adeduntan, First Bank MD’s resignation

There are strong indications that the sudden resignation of former Managing Director and CEO of First Bank, Dr Adesola Adeduntan was triggered by dire [...]
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