Tag Archives: CBN

  “This change in leadership at the CBN is coming on the heels of the resignation of Godwin Emefiele, the former governor who is in detention for multi-dimensional criminal offenses.” PEGASUS REPORTERS, LAGOS | SEPTEMBER 23, 2023 Olayemi Michael Cardoso has officially assumed the role of acting governor of the Central Bank of Nigeria (CBN). It will be recalled that ...

  “Preliminary investigations, it was gathered, indicated that the CBN management did not only lie to ex-President Buhari on the status the account. It was gathered that the account was being manipulated, tampered with at will while the funds left are being surreptitiously moved to two other accounts without the knowledge of past government.” PEGASUS REPORTERS, LAGOS | SEPTEMBER 16, ...

  *Arrested director’s grilling by Special Investigator ongoing *Official alleged to have aided Emefiele, Shonubi, deputies to loot CBN *Fakunle said to operate 65 local, foreign personal bank accounts, own 28 choice properties in Abuja alone PEGASUS REPORTERS, LAGOS | SEPTEMBER 16, 2023 A major breakthrough may have been recorded in the ongoing probe of the Central Bank Nigeria (CBN) ...

“In line with President Bola Tinubu’s Renewed Hope Agenda, the President expects the above listed nominees to successfully implement critical reforms at the Central Bank of Nigeria, which will enhance the confidence of Nigerians and international partners in the restructuring of the Nigerian economy toward sustainable growth and prosperity for all.” PEGASUS REPORTERS, LAGOS | SEPTEMBER 16, 2023 Presidential spokesman, ...

  “Nigerians will be very shocked at what Obazee and his team have discovered and uncovered at the CBN. Nigerians will be stunned by the various humongous recoveries and revelations that will come out from the ongoing probe of the CBN by the Special Investigator. This is why they have been fighting tooth and nail against Obazee” PEGASUS REPORTERS, LAGOS ...

  “The barefaced audacity of these financial transgressions is further displayed by several implicated banks, which have audaciously sanctioned millions of dollars at the CBN rate to the Dangote Group, in direct violation of CBN’s instructions to source funds from the parallel or interbank market.” PEGASUS REPORTERS, LAGOS | AUGUST 21, 2023 The President, Bola Ahmed Tinubu has been petitioned ...

  “Many of them are aware that it’s the middle and junior staff who are facing the public and being beaten up.  They see it every day since the problem started but they keep telling us that it will be over soon. But we know that they can’t talk because they are afraid of being sanctioned”  PEGASUS REPORTERS, LAGOS | ...

  Speaking at a virtual launch of the card scheme on Thursday, the Governor of the CBN, Godwin Emefiele, said: “all domestic transactions that are that are going to be conducted in Nigeria will have to be through the Nigerian domestic cards” PEGASUS REPORTERS, LAGOS | JANUARY 28, 2023 With the launch of the National Domestic Card scheme, Afrigo, the ...

  Gumi said if kidnappers start using dollars, it will further make the rotten situation badder than imagined. He thereby suggested that the only way kidnapping can be stopped is if there are “robust policing, social justice for all, and equitable wealth distribution” PEGASUS REPORTERS, LAGOS | OCTOBER 30, 2022 Sheikh Ahmad Gumi, the maverick Islamic preacher, took to his ...

  “On the basis of these trends, problems, and facts, and in line with Sections 19, Subsections a and b of the CBN Act 2007, the Management of the CBN sought and obtained the approval of President Muhammadu Buhari to redesign, produce, and circulate new series of banknotes at N100, N200, N500, and N1,000 levels” PEGASUS REPORTERS, LAGOS | OCTOBER ...