Emefiele Investigation: 20 banks, other companies face EFCC probe over forex deals

…Inquiry to cover 9-yr period The probe instituted by the Economic and Financial Crimes Commission (EFCC) into the use of foreign exchange by some companies and financial institutions under the former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele is to be spread to at least 20 banks, sources close to the commission have said. VoL was reliably informed, at the weekend, that the probe, which has seen operatives storm corporate offices of Dangote Group and some others would be extended to at least 20 commercial banks, while…

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Emefiele: DSS uncovers planned campaign of calumny against Federal Government

Maryam Zakari The Department of State Services, (DSS),has identified persons and groups planning to stage campaigns of calumny against it and the Government over the suspension and investigation of the recently suspended Governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele. According to an issued statement by the DSS Public Relations Officer, Peter Afunanya, yesterday, said the groups intend to gather at different points in Abuja and Lagos with placards depicting the Service and the federal Government in bad light as well as calling for the immediate release of…

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CBN to fine Commercial banks not paying out new Naira notes 1 million naira per money box daily

Nigerian New Naira Notes

Central Bank of Nigeria (CBN), on Friday, said that any commercial bank that failed to pay the new naira notes to customers would be fined N1 million per money box on daily basis. CBN Governor, Godwin Emefiele, made this known at a sensitisation organised for market women operating at Ayegbaju International Market, Osogbo, on the new naira notes, eNaira and other related matters. Emefiele, represented by a CBN Deputy Director, Adeleke Adelokun, said that the apex bank had printed enough naira notes, but observed that commercial banks were not collecting…

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2023: We will not deploy to insecurity prone areas – INEC Awaits Supreme Court judgment on CBN Gov. to take a stand

Muhammed Haruna, a veteran journalist is a National Commissioner of the Independent National Electoral Commission (INEC) representing the North Central. In this interview with Voice of Liberty’ Abdull-Azeez ahmed Kadir, Haruna speaks about the Continues Voters Registration (CVR), insecurity and 2023 polls, monitoring of campaign funds by political parties, the stand of the commission with regards to CBN Governor’s decision to go to court to decide his fate on 2023 presidency. Voice of Liberty: Let’s start with the issues of Continues Voters registration. How far has the Commission gone? Haruna:…

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