The Central Bank of Nigeria (CBN) has announced the unification of all segments of the Nigerian forex market. The apex bank, in a statement Wednesday, announced the collapse of all windows into the Investors & Exporters (I&E) window. This move is part of the Nigerian government’s efforts to improve liquidity and stability in the market and attract…
Until his current role as Acting Governor of the CBN, Folashodun Adebisi Shonubi was deputy governor in charge of the Operations Directorate. He also represented the CBN on the board of the Federal Inland Revenue Service (FIRS) from December 9, 2019. Born on March 7, 1962, he attended the University of Lagos from 1978 to…
The Department of State Services (DSS), yesterday, confirmed the arrest of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, who is now in its custody. There were reports, yesterday, that the apex bank’s governor was arrested by the DSS on Friday night, which the security agency denied. But in a statement…
