CBN
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Crime
Court Orders Final Forfeiture of $1.4 Million Linked to Former CBN Governor Emefiele
A Federal High Court in Lagos has ordered the final forfeiture of $1.4 million linked to former Central Bank of…
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Litigation
Emefiele’s Lawyers Accuse Justice Oshodi Of Bias, Demand Recusal From Trial
The legal team representing former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has accused Justice Abdulrahman Oshodi of…
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Litigation
Supreme Court Upholds AGF’s Consent Requirement For Garnishee Proceedings Against Government Agencies
The Supreme Court of Nigeria has upheld the provision of Section 84 of the Sheriff and Civil Process Act…
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Metro News
SERAP Issues 48-Hour Ultimatum To CBN Over ATM Transaction Fee Hike
The Socio-Economic Rights and Accountability Project (SERAP) has given the Central Bank of Nigeria (CBN) 48 hours to reverse its…
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The Parliament
Senate Threatens To Fire Heads Of Key Revenue Agencies Over Failure To Respond To Audit Queries
The Senate has raised concerns over the consistent failure of critical revenue-generating agencies to respond to expenditure queries raised…
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Law Enforcement
Court Rejects Emefiele’s Jurisdiction Challenge In $4.5B, ₦2.8B Abuse Of Office Case, Strikes Out Four Charges
The Ikeja Special Offences Court on Wednesday dismissed former Central Bank Governor Godwin Emefiele’s application challenging its jurisdiction in…
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Litigation
33 Former Employees Sue CBN, Demand ₦30 Billion in Damages
A group of 33 former employees of the Central Bank of Nigeria (CBN) has filed a lawsuit against the…
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Court Orders Final Forfeiture Of Warehouse, Containers Linked To Emefiele
A Federal High Court in Lagos has ordered the permanent forfeiture of a warehouse and 54 general-purpose steel containers…
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Litigation
Rivers State Appeals Federal High Court Judgment Halting Monthly Allocations Amid Tensions
The Rivers State Government has filed an appeal against a Federal High Court decision barring the Central Bank of…
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Metro News
CISLAC Raises Alarm Over Court Ruling Blocking Rivers State Allocations, Warns Of Democratic Risks
The Civil Society Legislative Advocacy Centre (CISLAC) has voiced serious concern over a recent Federal High Court judgment halting…
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Litigation
Federal High Court Orders CBN To Halt Allocations To Rivers State Until Proper Budget Approval
Justice Joyce Abdulmalik of the Federal High Court in Abuja has issued an order preventing the Central Bank of Nigeria…
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Foreign News
Nigerian Businessman Wins U.S. Court Approval To Seize $21 Million From Nigeria’s JP Morgan Account
A U.S. District Court in the Southern District of New York has granted Louis Emovbira Williams, a Nigerian businessman,…
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Metro News
CBN Reintroduces Cybercrime Levy On Electronic Transactions, Reduces Rate To 0.005%
The Central Bank of Nigeria (CBN) has reintroduced a controversial levy on all electronic transactions, reducing the rate to…
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Judge Withdraws From Emefiele’s $2 Million Forfeiture Case
Justice Deinde Dipeolu of the Federal High Court in Lagos has withdrawn from overseeing the million forfeiture case involving…
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Litigation
Federal High Court Summons CBN Governor, Legal Head In Binance Money Laundering Case
A Federal High Court in Abuja has issued a summons to the Governor of the Central Bank of Nigeria (CBN)…
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Metro News
Nigerian Senators Reject Bill Aimed At Reducing CBN’s Regulatory Power On FX Market
Nigerian senators have rejected a bill that sought to amend the Foreign Exchange Act of 2004, aiming to…
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