CBN

Nigerians’ hoarding of the notes, according to the Central Bank of Nigeria (CBN), is to blame for the scarcity of the new naira. Mrs. Rashidat Mongunu, the consumer protection director at Apex Bank, said this on Thursday while observing microfinance institutions in Offa, Kwara’s Offa Local Government Area. Before visiting Stockcorp Microfinance and Ibolo Microfinance, … Read more

Strong signs have surfaced that the scheduled arraignment of suspended CBN Governor Godwin Emefiele on charges of contract inflation and breaking procurement laws has been postponed indefinitely. The High Court of the Federal Capital Territory did not list the arraignment on a 20-count charge scheduled for Wednesday. The arraignment was rescheduled at the request of … Read more