In the ongoing trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, a former Director of Operations at the bank, Ahmed Umar, testified on Tuesday that the naira redesign initiated by Emefiele in late 2022 did not have the necessary approval from the Committee of Governors. The Economic and Financial Crimes Commission (EFCC) … Continue reading Emefiele’s Naira Redesign Was Unauthorized, Says Former CBN Director