LAGOS JANUARY 9TH (NEWSRANGERS)-An FCT High Court has awarded the sum of N100 million in damages in favour of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele over his prolonged detention without trial, which it declared a flagrant violation of his fundamental rights. In the judgment on Monday, Justice Kayode Adeniyi also…
LAGOS JULY 29TH (NEWSRANGERS)-A High Court of the Federal Capital Territory sitting at Maitama, on Thursday, rejected a fresh application the Department of State Services, DSS, filed for an order to further detain the suspended Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, for another 14 days. The court, in a ruling…
LAGOS JANUARY 30TH (NEWSRANGERS)-The House of Representatives Ad hoc Committee on new naira re-design and naira swap policy has added a new twist to the controversy surrounding the deadline for the validity of old notes by rejecting the ten days extension granted by the Central Bank of Nigeria for the exchange. The committee described the extension…
By Muiz Banire LAGOS JANUARY 27TH (NEWSRANGERS)-I have always contended that Nigeria as a country is a unique one in all ramifications. Is it the natural endowments of the country you want to consider? The strategic location of the country? The climate change challenges of being afflicted by all the three major consequences of desertification,…
LAGOS JANUARY 27TH (NEWSRANGERS)-The Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emiefele is alleged to be planning to release about N30 billion new redesigned currency notes to the presidential candidate of a popular political party in the next 3 days. Sources alleged that the release would be routed through the Managing Director…
LAGOS DECEMBER 27TH (NEWSRANGERS)-Once again, Mr Godwin Ifeanyichukwu Emefiele, governor of the Central Bank of Nigeria, is in the news. Central bankers the world over have dominated newspaper headlines as they have sought to tighten monetary conditions to stave off rising prices in their respective economies. As domestic inflation rises relentlessly, Mr Emefiele, a late…
LAGOS OCTOBER 31ST (NEWSRANGERS)-Amid controversies over the position of the Finance Minister, Mrs Zainab Ahmed, on the decision of the Central Bank of Nigeria, CBN, to embark on the redesigning of Naira notes, President Muhammadu Buhari said yesterday that the CBN has his support on the project. Ahmed, at the weekend, declared that the CBN…
LAGOS MAY 26TH (NEWSRANGERS)-The CBN says online media reports purporting the sacking of the bank’s governor, Mr Godwin Emefiele, is untrue. Head of Corporate Communications at the CBN, Osita Nwanisiobi, made the rebuttal on Wednesday in Abuja . Emefiele is currently out of the country on official assignment. African Examiner reports that Emefiele has been…