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Folashodun Shonubi

Anti-Corruption Group Takes Battle to Court Over Acting Central Bank Governor’s Undeclared Assets

ABUJA, Nigeria - The Network Against Corruption and Trafficking Foundation, NACAT, a Nigerian pro-democracy civil society organisation, has filed a lawsuit against Folashodun Shonubi,...

Central Bank Blames Unrecorded Diaspora Remittances for Naira’s Rapid Depreciation

ABUJA, Nigeria — The Central Bank of Nigeria, CBN, is pointing the finger at diaspora remittances that bypass the official system, attributing it to...

Hunting Emefiele: Nigeria’s Central Bank Releases A 7-Year Consolidated Financial Statement

ABUJA, Nigeria - The Central Bank of Nigeria, CBN, released Consolidated Financial Statements for seven consecutive years, marking the first time since 2015 that...

Central Bank of Nigeria Lifts Emefiele-Era Restrictions on 440 Bank Accounts

ABUJA, Nigeria - The Central Bank of Nigeria, CBN, has directed banks to lift the post-no-debit restriction placed on the accounts of 440 individuals...

Nigeria’s Central Bank Hikes Interest Rates Amid Rising Inflation

LAGOS, Nigeria — The Central Bank of Nigeria's Monetary Policy Committee has announced a modest increase in monetary policy rates to 18.75 percent, a...

Nigeria’s President Tinubu Arrives in Guinea-Bissau for 63rd ECOWAS Summit

BISSAU, Guinea-Bissau - After participating in the Paris summit on "A New Global Financing Pact," Nigerian President Bola Tinubu has arrived in Bissau, the...

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