CBN Archives - High Street

NEWS

Witness Tells Court How Fraudulent Withdrawal Of $6.2m Under Emefiele’s Supervision Pushed CBN’s Special Dollar Account Into Negative Balance

The special investigator also revealed that CBN’s Bank Verification Number, BVN portal was non-functional for over a month in the lead up to the withdrawal, making it impossible for the fund recipient to present identification before collecting the funds.

Eniola Bello
Posted on July 3, 2026July 4, 2026

NEWS

Witness Details How $6.23m Was Moved From CBN To Fund 2023 Election Observers In Emefiele’s Trial

He disclosed that forensic analysis conducted on the documents confirmed that the signatures attributed to the two officials were not genuine.

Eniola Bello
Posted on April 27, 2026April 28, 2026

BUSINESS

ACAMB Hails Nigerian Banks For Meeting New Capital Requirements

The Governor of the CBN, Olayemi Cardoso, had disclosed that 32 banks have already met the new capital requirements under the ongoing recapitalisation programme

Eniola Bello
Posted on March 30, 2026March 30, 2026

NEWS

Tinubu Appoints Lamido Abubakar Yuguda As CBN Deputy Governor

Tinubu Appoints Lamido Abubakar Yuguda As CBN Deputy Governor President Bola Ahmed…

The Street
Posted on March 11, 2026March 12, 2026

BUSINESS

CBN Affirms Alpha Morgan Bank’s Capitalisation

This affirmation reflects the Bank’s adherence to regulatory requirements and its strategic focus on strengthening its capital base

Mide Charles
Posted on March 7, 2026March 7, 2026

INSIDE STORY

Emefiele: Forged Papers Used To Withdraw $6.23m, Witness Narrates

The witness informed the court that he was approached early January 2023 by one Alhaji Ahmed

Eniola Bello
Posted on January 29, 2026February 3, 2026

BUSINESS

Inside Zenith Bank’s Position As CBN Phases Out Business Relief Forbearance Strategy

This move, which affects only a limited number of banks, is not without precedent

The Street
Posted on June 18, 2025June 18, 2025

INSIDE STORY

Inside Bail Conditions As Arraigns Emefiele For Unlawful Possession Of 753 Housing Units

Emefiele is facing trial for allegedly using his privileged position to unlawfully acquire properties

Eniola Bello
Posted on June 16, 2025June 17, 2025

OPINION

Yemi Cardoso And His Safe Pair Of Hands At The CBN – Toni Kan

He was intentional, strategic, focused and committed to implementing the reforms and seeing them lead to change and measurable outcomes

Mide Charles
Posted on May 10, 2025May 10, 2025

NEWS

Why CBN Approved Cash-Based BTA For 2025 Hajj Pilgrims

This followed the intervention of Vice President Kashim Shettima

Mide Charles
Posted on April 24, 2025April 25, 2025

INSIDE STORY

Fayose Emerges As REA Chairman As Tinubu Makes 26 New Appointments

All the appointments take immediate effect.

Mide Charles
Posted on July 20, 2026July 21, 2026

NEWS

Court Grants Miyyeti Allah Leader Bodejo N2bn Bail In Alleged $2.33m Money Laundering Case

Thereafter, Justice Ekwo adjourned the matter till October 5, 6 and 7, 2026, for…

Mide Charles
Posted on July 20, 2026July 20, 2026

NEWS

Warri Refinery’s Ex-MD Yisawu Arraigned Over N1.339bn Fraud

The defendant pleaded not guilty to all the charges when they were read to him,…

Eniola Bello
Posted on July 20, 2026July 20, 2026

NEWS

Defence Counsel’s Absence Stalled Ex-Gov Lamido, Son’s N1.34bn Fraud Trial

Defence Counsel’s Absence Stalled Ex-Gov Lamido, Son’s N1.34bn Fraud Trial…

The Street
Posted on July 20, 2026July 20, 2026