The Lagos State Special Offences Court located in Ikeja has scheduled December 12 for the hearing of an application submitted by the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, contesting the court’s jurisdiction. Henzodaily reports that Justice Rahman Oshodi set this date after being made aware of a ruling from the … Read more
With barely two weeks until Christmas and the subsequent new year celebrations, getting cash in Kaduna, Kano and Katsina States has now become an extremely herculean task. Residents in the State have bemoaned the obnoxious situation which was reminiscent of a similar ugly development during the 2022 yuletide season. The distrausted residents have … Read more
The Central Bank of Nigeria (CBN) has clarified that its Early Exit Package (EEP) is voluntary and without any negative repercussions for eligible staff. Henzodaily reported that the CBN is preparing to retire approximately 1,000 employees by the end of the year, as part of a strategic workforce realignment under the leadership of Governor Olayemi … Read more
The Central Bank of Nigeria, CBN, has shared specific phone numbers and email addresses through its social media channels in which customers can report challenges in accessing cash, whether over the counter or at Automated Teller Machines, ATMs. This initiative, which was outlined in a circular issued on November 29 and co-signed by Solaja Olayemi, Acting … Read more
The House of Representatives has called on the Central Bank of Nigeria (CBN) to suspend its planned retirement of 1,000 staff, including directors and senior management, pending an investigation into the process and legality of the exercise. During Tuesday’s plenary, the lawmakers resolved to establish an ad hoc committee to scrutinize the planned retirement, which … Read more