•Emefiele and EFCC logo A witness, Chinedu Emere told an Abuja High Court that the former governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, complied with late President Muhammadu Buhari’s directive that the redesigned Naira be produced locally. The Economic and Financial Crimes Commission, EFCC, charged Emefiele with illegal act c...
Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle commoditisation ( buying and selling) of Naira notes, which has become widespread in the country. CBN Governor, Mr. Olayemi Cardoso made this vow in a keynote address at the inaugural Stakeholders’ Conference of the Committee of Heads of Banks Operations [&...
•Mmaduabuchi Okonkwo Policemen in Enugu State have arrested a 24-year-old suspect, Mmaduabuchi Okonkwo, for allegedly possessing and transacting in counterfeit naira notes. The command’s Police Public Relations Officer, DSP Daniel Ndukwe, disclosed this in a statement posted on the command’s official X handle today. The statement reads, “Polic...
•Naira abuse Following today’s imprisonment of Idris Olarewaju Okuneye, also known as Bobrisky, for abusing the naira, we present a list of nine actions involving the naira that could lead to legal consequences. Justice Abimbola Awogboro said the sentencing of Bobrisky, a controversial crossdresser, would be a deterrent to others who are...

