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HOUSE SEEKS CRIMINAL PROSECUTION OF GODWIN EMEFIELE FOR DISBURSING N15.5 TRILLION FRAUDULENT LOANS TO BUHARI REGIME

The House of Representatives on Wednesday asked President Muhammadu Buhari to sack Central Bank governor Godwin Emefiele for violating the provisions of the CBN Act 2007. The House noted that Mr Emefiele had allowed borrowings to the Buhari-led federal government far above the threshold allowed by the CBN Act.The parliament also urged Attorney General Abubakar… Continue reading HOUSE SEEKS CRIMINAL PROSECUTION OF GODWIN EMEFIELE FOR DISBURSING N15.5 TRILLION FRAUDULENT LOANS TO BUHARI REGIME

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AKEREDOLU ASKS CBN GOVERNOR TO RESIGN OVER PRESIDENTIAL AMBITION

Rotimi Akeredolu of Ondo State has asked the Central Bank of Nigeria (CBN) Governor Godwin Emefiele to resign over the latter’s move to join the 2023 presidential race. The Ondo governor’s comment came hours after a group of supporters purchased the All Progressives Congress (APC) presidential nomination form for Emefiele. A file photo of CBN… Continue reading AKEREDOLU ASKS CBN GOVERNOR TO RESIGN OVER PRESIDENTIAL AMBITION

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CBN WARNS NIGERIANS TO AVOID DEALING WITH ILLEGAL, UNLICENSED FINANCIAL OPERATORS

The Central Bank of Nigeria (CBN) has warned Nigerians to avoid dealing with illegal and unlicensed financial operators who lure and defraud members of the public.The Apex Bank in a statement on Monday said the increase in the activities of Illegal Financial Operators (IFOs) is becoming worrisome and portends a grave risk to public confidence… Continue reading CBN WARNS NIGERIANS TO AVOID DEALING WITH ILLEGAL, UNLICENSED FINANCIAL OPERATORS

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NIGERIAN BANKS RELEASE MORE NAMES OF CUSTOMERS ALLEGEDLY INVOLVED IN FOREX MALPRACTICES

No fewer than 1,226 names of forex defaulters have been published by commercial banks in compliance with the directive of the Central Bank of Nigeria (CBN). The apex bank had directed banks to publish the names of individuals looking to trick the system to access foreign currencies. DCO Global News Published on February 22, 2022… Continue reading NIGERIAN BANKS RELEASE MORE NAMES OF CUSTOMERS ALLEGEDLY INVOLVED IN FOREX MALPRACTICES