Fani Kayode has stated that Emefiele’s move to change the naira notes is against Nigerian democracy. Emefiele, according to the former minister of aviation, “weaponised the apex bank.” Fani-Kayode also stated that the CBN governor is out to cause a crisis, provoke a people’s uprising and derail the country’s democracy. EKO HOT BLOG reports that … Read more
House of Reps has kicked against the extension of the deadline for old notes. Godwin Emefiele on Sunday announced that the deadline has been extended by ten days. The House on Tuesday constituted the ad hoc committee to look into the deadline set by CBN. EKO HOT BLOG reports that the ad hoc committee on … Read more
By Min Eddie The CBN was set to phase out the use of the old N200, N500, and N1,000 notes from February 1, 2023. However, the apex bank faced various calls to extend the deadline due to the shortage of the new notes. The CBN has now bowed to pressure by extending the deadline. Eko … Read more
The CBN was set to phase out the use of the old N200, N500, and N1,000 notes from February 1, 2023. However, the apex bank faced various calls to extend the deadline due to the shortage of the new notes. The CBN has now bowed to pressure by extending the deadline. Eko Hot Blog reports … Read more
The CBN is set to phase out the use of the old N200, N500, and N1,000 notes from February 1, 2023. The apex bank has resisted various calls to extend the deadline despite the shortage of the new notes. The situation has elicited a reaction from the president who is assuring Nigerians that they will … Read more
The CBN is set to phase out the use of the old N200, N500, and N1,000 notes from February 1, 2023. However, shortage of the new notes has threatened the apex bank’s target. The Kano government lamented that the shortage has inflicted “hardship” on residents. Eko Hot Blog reports that Kano State Governor, Abdullahi Ganduje, … Read more
The CBN’s policy-setting committee raised the monetary policy rate (MPR) from 16.5% to 17.5%. The MPR is the baseline interest rate in an economy; every other interest rate used within an economy is built on it. The CBN governor announced the new interest rate on Tuesday. Eko Hot Blog reports that the Monetary Policy Committee … Read more
Emefiele is currently in a meeting with the president. The CBN Governor has been facing a series of allegations including corruption and terrorism financing. Emefiele was part of a delegation of the Arab Bank for Economic Development led by Dr Sidi Ould Tah. EKO HOT BLOG reports that the Governor of the Central Bank of … Read more
CBN has ordered all commercial banks to collect new notes ahead of the January 31st deadline. Emefiele Revealed that the new notes are in the Apex Bank Vault awaiting pick up. Emefiele pointed out the January 31st deadline will not be interfered with. EKO HOT BLOG reports that the Central Bank Governor, Mr Godwin Emefiele, … Read more
Emefiele will appear in Federal High Court on Wednesday, 18 January. The CBN governor was summoned over the suit seeking his arrest. The suit arose over an alleged $70 million judgment against Linas over the lawyer’s services in the Paris Club refund. EKO HOT BLOG reports that the Governor of the Central Bank of Nigeria … Read more
Obi has condemned rumours of alleged plans to remove Emefiele as CBN governor. According to the former governor removing Emefiele won’t change the economic situation of the country. Emefiele returned to the country on Monday morning and resumed office after the expiration of his annual leave. EKO HOT BLOG reports that the Presidential candidate of … Read more
DSS has been sued by a human right activist over Emefiele’s detention. EKO HOT BLOG reports that human rights activist, Meliga Godwin, has dragged the Department of State Service (DSS) and its Director General before a Federal High Court in Abuja over his arrest. This online media platform understands that Godwin was apprehended by the … Read more
A court has ordered the DSS, EFCC, and others not to arrest Emefiele. Eko Hot Blog reports that a Federal Capital Territory (FCT) High Court sitting in Maitama, Abuja, has issued an order restraining the Department of State Services (DSS) from arresting the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. EDITOR’S PICKS … Read more
Buhari is currently under pressure to stop the arrest of the CBN governor. EKO HOT BLOG reports that the revered monarchs and top political bigwigs are reportedly mounting pressure on President Muhammadu Buhari to prevent the operatives of the Department of State Services (DSS) from arresting the Governor of the Central Bank of Nigeria (CBN), … Read more
Timi Frank has alleged that some members of the APC are planning to assassinate Emefiele. EKO HOT BLOG reports that the former Deputy National Publicity Secretary of the All Progressives Congress (APC), Timi Frank, has alleged that there is an ongoing plot to murder the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele. … Read more
A court has halted the DSS move to arrest Emefiele over an alleged link to terrorism. Eko Hot Blog reports that a federal high court sitting in Abuja has refused to grant the Department of State Services (DSS) an application to arrest and detain the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. … Read more
Emefiele has stated that Buhari is satisfied with the new development in the banking system. EKO HOT BLOG reports that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Thursday that President Muhammadu Buhari was again satisfied with the ongoing development of the banking system. According to the apex bank governor, … Read more
Emefiele met with Buhari in Katsina. EKO HOT BLOG reports that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Thursday met with President Muhammadu Buhari in Daura, Kastina State. This online media platform gathered that the meeting between the Governor of the apex bank and President Buhari might be with respect … Read more
Buhari has explained why he approved the redesign of some Naira notes. Eko Hot Blog reports that President Muhammadu Buhari has said he approved the redesign of the ₦200, ₦500 and ₦1000 banknotes to fortify them with new security measures against counterfeiting. EDITOR’S PICKS One Killed, Several Injured As Multiple Explosions Rock Jerusalem Buhari To … Read more
An APC group has threatened legal action against Buhari over Emefiele’s case. EKO HOT BLOG reports that a support group of the All Progressive Congress (APC) presidential candidate, Bola Tinubu identified as the South-South Agenda for Tinubu/Shettima (SSAT) has threatened to drag President Muhammadu Buhari to court. This online media platform reports that the SSAT … Read more