Naira Redesign: Emefiele Violated Procedure -Ex-CBN Deputy Gov Insists

An erstwhile Deputy Governor of the Central Bank of Nigeria, CBN, Edward Adamu, on Wednesday told the Federal Capital Territory High Court Abuja that a former Governor of the Bank, Godwin Emefiele did not follow laid down procedure in the process that led to the redesign of some notes of the Nigerian currency. Adamu, who … Read more

‘I’m Sick’ — Emefiele Writes Reps Over Briefing On Cash Withdrawal Limits

Emefiele has written Reps over a briefing on cash withdrawal limits. EKO HOT BLOG reports that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that he’s sick and will not appear before the House of Representatives on Thursday. This was disclosed after he failed to honour an invitation by members … Read more

Withdrawal Limits: Again, Emefiele Fails To Honour Reps Invitation

Emefiele has refused to appear before reps over cash withdrawal limits.  EKO HOT BLOG reports that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday failed to honour the invitation by members of the House of Representatives to explain the proposed cash withdrawal limit policy. This will be the second time … Read more

Buhari Presents 2 Nominees As CBN Deputy Govs

Buhari has nominated Adamu and Ahmed as CBN Deputy Governors. EKO HOT BLOG reports that President Muhammadu Buhari has requested the national assembly to screen his nominees as deputy governors of the Central Bank of Nigeria (CBN). President Buhari on Tuesday forwarded the names of Aisha Ahmed and Edward Adamu to the Senate for confirmation. … Read more

Buhari Sacks Banire, Replaces Him With Edward

Following Mohammad Mamman Nami’s confirmation as the Chairman, Federal Inland Revenue Service, (FIRS), Buhari has written to the Senate, seeking for the screening and confirmation of Edward Adamu as Chairman, Asset Management Corporation of Nigeria, AMCON. The letter dated December 9, 2019, reads: “In accordance with Section 10(1) of the Asset Management Corporation of Nigeria … Read more