CBN

Soni Daniel, Abuja. The Department of State Services denied invading the premises of the Central Bank of Nigeria on Monday. The DSS described reports making ...

Afunanya said, “The attention of the Department of State Services (DSS) has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor, today 16/1/23. The DSS described reports making the rounds that its operatives went into the apex bank to arrest the CBN Governor, Mr Godwin Emefiele, who returned to the country earlier in the day, as false and unverified by some media outlets. The Department of State Services denied invading the premises of the Central Bank of Nigeria on Monday.

The operatives of the Department of State Security, DSS, have taken over the office of Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN, at.

DSS had earlier sought a court order to arrest Emefiele who has been out of the country for his annual leave. The operatives of the Department of State Security, DSS, have taken over the office of Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN, at the headquarters of the apex bank. The embattled CBN governor has been having a running battle with DSS over alleged terrorism financing.

Similarly, the Department of State Services (DSS) on Monday said its operatives did not “invade” the CBN office and did not arrest the apex bank chief.

However, a human rights lawyer, Femi Falana (SAN) on Channels Television’s Sunday Politics said the “Has the government considered the enormous implication of the effect of a wanted governor of the central bank on the economy? This is fake news and quite misleading,” DSS spokesman, Peter Afunanya said in a statement.

The Central Bank of Nigeria (CBN) has announced the resumption of its governor, Godwin Emefiele. The governor flew out of the country late last year amid.

“The Governor, Central Bank of Nigeria, Mr. After failing to appear before the House of Representatives which summoned him over some policies of the bank, CBN had announced that the governor was out of the country. Mr.

The Department of State Services (DSS) has said reports that it invaded the Central Bank of Nigeria (CBN) to arrest the Governor, Godwin Emefiele, ...

This is fake news and quite misleading.” [Court orders CBN to freeze Polaris bank account](https://thenationonlineng.net/court-orders-cbn-to-freeze-polaris-bank-account/) [Central Bank of Nigeria ](https://www.cbn.gov.ng/)(CBN) to arrest the Governor, Godwin Emefiele, are false.

The DSS has described reports that its operatives invaded the Central Bank of Nigeria (CBN) to arrest Godwin Emefiele as "fake news".

This is fake news and quite misleading,” the statement reads. “The attention of the Department of State Services (DSS) has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor, today 16/1/23. The Department of State Services (DSS) has described reports that its operatives invaded the Central Bank of Nigeria (CBN) to arrest Godwin Emefiele, the CBN governor, as “fake news”.

The Department of State Services (DSS) has denied reports that its operatives invaded the headquarters of the Central Bank of Nigeria (CBN) to arrest the.

In the letter to the House of Representatives, Emefiele said he was out of the country on official engagements as well attending to some health challenges. This is fake news and quite misleading,” Afunanya stated. The Department of State Services (DSS) has denied reports that its operatives invaded the headquarters of the Central Bank of Nigeria (CBN) to arrest the governor of the apex bank, Godwin Emefiele, on Monday afternoon.

As DSS Debunks Report Of CBN Invasion The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele on Monday stormed the headquarters of the apex bank.

“He came to the office with Army protection. This is fake news and quite misleading.” The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele on Monday stormed the headquarters of the apex bank with a team of soldiers from the Defence Headquarters.

Reports claimed Monday afternoon that operatives of the State Security Service (SSS) invaded the headquarters of the CBN and took over...

The CBN boss chairs the MPC meetings in which key monetary policy decisions are taken as part of the apex bank’s efforts to control inflation, regulate banking operations, and stabilise the larger economy. “He is trying to leave within the next few days on the pretence of attending the annual World Economic Forum,” our source said. Good journalism costs a lot of money. The operatives also barred all staff of the bank from gaining access to Mr Emefiele’s office, it said. This is fake news and quite misleading”. Reports claimed Monday afternoon that operatives of the State Security Service (SSS) invaded the headquarters of the CBN and took over the office of the embattled governor of the apex bank.

The Department of State Service (DSS) has dismissed as rumours, news making the rounds, that the service invaded the Central Bank of Nigeria.

The investigation is comy at a time of increasing searchlight on Godwin Emefiele, governor of the apex bank, who continues to be overseas after reports that he will be arrested by the secret police in connection with allegations of funding terrorism. This is fake news and quite misleading,” Afunanya said in the statement. The Department of State Service (DSS) has dismissed as rumours, news making the rounds, that the service invaded the Central Bank of Nigeria.

The Central Bank of Nigeria injected $15.3bn into the economy to stabilise the value of the naira from January to October, 2022.

The report said, “Similarly, matured swap contract rose by 73.4 per cent to $0.36bn, from $0.21bn. Foreign exchange sales at $4.18bn, decreased by 13.1 per cent, below the level in the preceding quarter. Similarly, matured swap contracts fell by 48.9 per cent to $0.57bn, relative to 2022, Q2.” However, the CBN added that sales at the Small and Medium Enterprises and interbank/invisibles windows increased by 32.4 per cent and 10.0 per cent to $0.46bn and $0.53bn, respectively, relative to the levels in the preceding quarter. It said a disaggregation showed that foreign exchange sales at the Small and Medium Enterprises, Secondary Market Intervention Sales and the invisibles window increased by 27.0 per cent, 21.2 per cent and 61.2 per cent to $0.15bn, $0.58bn, and $0.24bn, respectively, relative to the previous month’s levels. “A disaggregation shows that foreign exchange sales at the Secondary Market Intervention Sales and Investors’ and Exporters’ windows, decreased by 10.5 per cent and 4.3 per cent to $1.83bn and $0.79bn, respectively. “Disaggregation shows that SME interventions and sales at the investors & exporters window declined by 8.6 per cent and 41.3 per cent to $0.34bn and $0.83bn, respectively, relative to the preceding quarter. “Disaggregation shows that foreign exchange sales at interbank/invisibles and SMIS windows declined by 16.9 per cent and 10.8 per cent to $0.46bn and $1.79bn, respectively, relative to the levels in the preceding quarter. “However, interbank/invisibles and SMIS windows, increased by 5.3 per cent and 14.7 per cent to $0.48bn and $2.05bn, compared with the amounts in the preceding quarter.” In the second quarter, the CBN stated, “Total foreign exchange sales to authorised dealers by the bank at $4.81bn, decreased by 0.9 per cent, compared with the level in the preceding quarter. “Similarly, SME interventions and sales at the Investors & Exporters window, decreased by 2.0 per cent and 26.7 per cent to $0.38bn and $1.41bn, compared with the amounts in the preceding quarter.” The CBN stated, “Total foreign exchange sales to authorised dealers by the bank, at $4.86bn, decreased by 5.8 per cent, compared with the previous quarter’s level.

The Department of State Services (DSS) has denied reports that it invaded the head office of the Central Bank of Nigeria (CBN) in Abuja.

This is fake news and quite misleading,” the statement read. “The attention of the Department of State Services (DSS) has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its Governor, today 16/1/23. The Department of State Services (DSS) has denied reports that it invaded the head office of the Central Bank of Nigeria (CBN) in Abuja.

The battle between the Governor of the Central Bank of Nigeria, Godwin Emefiele, and the Department of State Services over a plan to arrest the CBN governor ...

“The service warned those on a wild goose chase to be mindful of their actions. “While professionally discharging its mandate, the DSS pledges to remain focused and unbiased. If the applicant believes that the evidence available to it so far is sufficient, then it can as well arrest and detain the applicant, even without the order of the court. Mr Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari.” If, however, the applicant desires to still pursue this application, then it should place the respondent on notice considering the sensitive public office that he occupies.” But Justice J.T Tsoho declined to grant the application for the governor’s arrest on December 9, 2022.

Charge gov to court if you have evidence, Adegboruwa tells DSS • We didn't invade apex bank, says secret police Central Bank of Nigeria (CBN) Governor, ...

Emefiele, the DSS, and the Presidency, unless, of course, it is part of the hidden agenda.” The senior lawyer said: “The DSS does not require the arrest of a citizen in order to file a charge in court if there is truly an allegation. “The charge, once filed, will of itself speak to compel the attendance of the defendant. The Governor resumed with renewed vigour to perform his duty ahead of the first Monetary Policy Committee (MPC) meeting of the year scheduled for January 23 to 24, 2023,” he stated. It was also learnt that the operatives barred all staff of the bank from gaining access to Emefiele’s office. The various crises surrounding the CBN governor do not speak well for the nation’s economy.

Di Central Bank of Nigeria announce di resumption of di Govnor, Godwin Emefiele on Monday, from im annual vacation abroad afta rumors begin fly upandan ...

“Sake of dis reason, I no go grant dis application exparte. “E go make pipo dey wonder weda di Godwin Emefiele na di same pesin wey dey serve as Governor of di CBN. E say di DSS need to clarify weda di pesin wey dem bring im mata come court na di CBN oga or na anoda pesin. “We don draw di attention of di Department of State Services (DSS) to di fake tori wey dey make di rounds say im operatives invade di Central Bank of Nigeria and arrest im Governor, today 16/1/23. Di DSS bin file charges of terrorism financing against Emefiele wey court hear and say make di service go bring better evidence. On di oda hand, di Department of State Services (DSS) on Monday also comot wit statement wey say im operatives no “invade” di CBN office and dem no arrest di top bank chief.

The battle between the Governor of the Central Bank of Nigeria, Godwin Emefiele, and the Department of State Services over a plan to arrest the CBN governor ...

“The service warned those on a wild goose chase to be mindful of their actions. “While professionally discharging its mandate, the DSS pledges to remain focused and unbiased. If the applicant believes that the evidence available to it so far is sufficient, then it can as well arrest and detain the applicant, even without the order of the court. Mr Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari.” If, however, the applicant desires to still pursue this application, then it should place the respondent on notice considering the sensitive public office that he occupies.” But Justice J.T Tsoho declined to grant the application for the governor’s arrest on December 9, 2022.

The opaque foreign exchange (fx) allocation mechanism in Nigeria has become a major area of attention for investigators of the secret police, who are piling ...

Specifically, the CEOs are to provide a schedule of the I & E forex allocated to the individual banks from 2017 to date. This wait can go on for up to a year. Typically, a bank customer will approach his bank in search of foreign exchange.

The Department of State Services (DSS), has denied allegations of invading the Central Bank of Nigeria (CBN) and arresting its governor, Godwin Emefiele.

“He is therefore unavailable to attend the briefing,” the letter read in part. This is fake news and quite misleading.” “the attention of the Department of State Services (DSS), has been drawn to the false news making the round that its operatives invaded the Central Bank of Nigeria and arrested its governor, on January 16, 2023.

Hajia Lami Audu, a Kogi-based businesswoman, said the way CBN and the manner commercial banks were going about the release of the New Naira notes of 1000, 500 ...

31 deadline for the withdrawal of old notes in circulation. I’m sure when one is beaten by rain during the rainy season, the notes will end up staining one’s clothes if kept in the pocket,” she said. 31 to phase out the old notes.

Nigerian banks have stopped over-the-counter payment with new naira and have moved the same to the paying machines, known as ATMs...

Meanwhile some Nigerians show less interest in the new naira note as all they are keen about is to get their cash and go. “The deadline is January 31, 2023 and it is not changing. This is contributing to the scarcity of the new naira,” a bank staff said under anonymity. At Fidelity Bank in Apapa, customers were disappointed as the ATM machines were not dispensing cash. You do not need money,” one customer told another. The CBN had threatened to sanction any bank that fails to comply with its order.