Police Arrest #EndSARS heroine, DJ Switch In Lagos
#EndSARS heroine and Disc Jockey, Obianuju Catherine Udeh, professionally known as DJ Switch, has reportedly been arrested in Lagos. Lagos...
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N30tn Loans: Senate Uncovers Fresh Infractions, Summons CBN Gov
THE Senate Ad-hoc Committee probing how the N30tn Ways and Means loans were obtained from the Central Bank of Nigeria and spent by the former President Muhammadu Buhari-led administration says it has uncovered some infractions in the in the process…
Emefiele Writes Akpabio, Threatens N25bn Lawsuit Over Alleged Defamation
FORMER governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, through his legal team, has threatened to sue President of the Nigerian Senate, Godswill Akpabio over alleged defamation. Emefiele would demand N25 billion in damages from the Senate President…
N1.2billion Alleged Procurement Fraud: Contracts Awarded By Emefiele Didn’t Go Through Tender Committee- Witness
A Third Prosecution Witness, PW3, in the trial of Godwin Emefiele, former Governor of the Central Bank of Nigeria, CBN, Oluwole Owoeye, on Tuesday, November 28, 2023, told a High Court of the Federal Capital Territory, FCT, Abuja, presided over…
Court Set To Deliver Verdict On Ownership Of $9.8m Cash Seized From Ex-NNPC GMD
THE former Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu will on November 1 know his fate as the court rules on the suit he filed to compel the Economic and Financial Crimes Commission, EFCC,…
$10bn Debt: CBN Defaults On Payment To Banks, Dollar Nears ₦1,000
OVER two weeks after the Central Bank of Nigeria promised to clear over $10bn foreign exchange debts owed Deposit Money Bank, the apex bank has yet to do so according to findings by The PUNCH. This came as the naira…
CBN Hits Niger Rep Junta With Sanctions
President Bola Ahmed Tinubu yesterday directed the Central Bank of Nigeria (CBN) to implement a set of new financial sanctions against the Niger Republic’s junta as well as their associates. He said: “Following the expiration of the deadline of the…
CBN Limits Contactless Payment To N50,000 Daily
The Central Bank of Nigeria (CBN) has released new guidelines for contactless payments in the country, limiting the daily cumulative transaction limit via the channel to N50,000 and single transactions limit to N15,000. This was contained in a circular signed…
Dormant Accounts: CBN To Fine Erring Banks
THE Central Bank of Nigeria, CBN, has slammed a minimum fine of N2 million as penalty on banks that disobey its new guidelines on the management of dormant accounts, unclaimed balances and other financial assets in financial institutions in the…
CBN Has Directed Banks To Accept And Dispense Old Naira Notes — Soludo
1- GOVERNOR SOLUDO: SPECIAL PUBLIC ANNOUNCEMENT Commercial banks have been directed by the Central Bank to dispense old currency notes and to also receive same as deposits from customers. 2- Tellers at commercial banks are to generate the codes for…
Naira scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele
THE Governor of the Central Bank of Nigeria, CBN, Goodwin Emefiele said his team has met with 15 commercial banks on how to implement President Muhammadu Buhari’s recent directives on the availability of N200 notes. Trojan.com.ng recalls that following the…
Burna Boy makes TIME’s 100 Most Influential People of 2024
GRAMMY-winning Nigerian singer, Damini Ogulu, aka Burna Boy, has been included in Time Magazine’s 100 Most Influential People of 2024....
BREAKING: Gunmen Kill ARTMA Official In Anambra
AN official of the Anambra Road Traffic Management Agency, ARTMA, has been gunned down in Awka, the state capital. Trojan...
DNA: Court To Serve Mohbad’s Wife Via Substituted Means
THE Chief Magistrate Court sitting in Ikorodu has granted the order that Wunmi, the wife of the late singer, Ilerioluwa...