Voice for the voiceless
The House of Representatives has inaugurated a Sub-Committee to investigate the disbursement and utilization of ₦200 billion allocated under the Central Bank of Nigeria’s National Mass Metering Programme (NMMP). The committee, inaugurated on May 6, 2025, is tasked with probing how the funds—meant to provide free electricity meters to Nigerians—were managed by DISCOs, the CBN,…
WTO Director General and former Nigerian minister Ngozi Okonjo-Iweala criticized the “not-in-my-administration syndrome” in governance, which she argues has hindered Nigeria’s economic performance. She emphasized the need for policy consistency in Nigeria, regardless of changes in leadership. Speaking at the Nigerian Bar Association’s 2024 Annual General Conference at the Eko Hotel & Suites in Lagos,…
The Economic and Financial Crimes Commission (EFCC) has refuted reports claiming that its officials shared forfeited assets linked to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and his associates. In a rebuttal statement issued on Wednesday, EFCC spokesman Dele Oyewale disputed an online publication alleging that the anti-graft agency was…
Nigeria’s external reserves have decreased by 0.68% to $36.620 billion as of August 12, 2024, down from $36.872 billion on August 7, 2024, according to the Central Bank of Nigeria (CBN). This decline follows an increase to $37.88 billion on July 15, 2024, from $34.76 billion at the end of June 2024. In its inaugural…
The Special Adviser to President Bola Tinubu on Media and Publicity, Ajuri Ngelale, has disclosed that many approvals for the release of funds within the Central Bank of Nigeria (CBN) during the tenure of Godwin Emefiele did not have the signature of former President Muhammadu Buhari. Speaking in an interview with media personality, Chude Jideonwo…
The Senate has resolved to investigate the N10trn Anchor Borrowers’ Programme and the accountability in the Ways and Means loans by the Central Bank of Nigeria (CBN). This move is aimed at plugging loopholes in future development finance activities of the CBN. The Senate plans to set up an ad hoc committee to investigate various…
The Chairman of the Dangote Group Aliko Dangote has clarified the recent visit of officials of the Economic and Financial Crimes Commission (EFCC) to its office but assured of its commitment to helping the agency with its investigations. Officials from the Economic and Financial Crimes Commission (EFCC) recently visited the headquarters of Dangote Group in…
The Central Bank of Nigeria (CBN) has assured the public that it is collaborating with law enforcement agencies to apprehend those responsible for circulating fake currency. The Central Bank of Nigeria (CBN) has issued a warning to Nigerians to beware of fake naira notes in circulation. The Central Bank of Nigeria (CBN) has warned Deposit…
