• Contact Us
  • About Us
Wednesday, February 25, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

CBN denies arrest of deputy governor

metro by metro
October 5, 2017
in Economy
0
CBN
0
SHARES
0
VIEWS

Central Bank of Nigeria (CBN) has denied that one of its directors had been arrested by the Economic and Financial Crimes Commission (EFCC).

Mr Isaac Okorafor, CBN’s acting Director of Corporate Communications, said on Wednesday in Abuja said that the report had no merit.

Read Also

Amid Dwindling Purchasing Power Of Naira, January Inflation Eases To 15.10 Percent 

Nigerian, Zambian Currencies May Post Further Gains As Ghana’s Cedi Faces Pressure

Yuan Expected To Rise In 2026 Amid Cautious Optimism From  Beijing

“The attention of the CBN has been drawn to a report alleging that one of its deputy governors has been arrested and made to forfeit some amount of money to the EFCC.

“We wish to state categorically that there is no iota of truth in the said report and it is, without doubt, a mere figment of the writer’s imagination.

“The Bank and its officials will not be distracted from the onerous task of ensuring stability in the financial system, and indeed the economy, at this critical time.

“However, such persons bent on disparaging the Bank and its officials should note that legal options would be explored to protect its reputation from being tarnished in any manner.

“We therefore implore members of the media to always exercise caution and endeavor to verify their stories before rushing to the press,” he said.

According to an earlier report, the apex bank’s Deputy Governor for Operations Directorate, Chief Adebayo Adelabu, was alleged to have been arrested in a Transcorp Hilton Hotel room in Abuja with the dollar equivalent of N200 million.

The EFCC operatives were said to have acted on a tip-off.

The report which had not been officially verified said that EFCC operatives stormed the room, apprehended the CBN official, handcuffed him and whisked him away to their Maitama office in Abuja. (NAN)

Tags: CBN
Previous Post

Catalonia breaks from Spain 9 October

Next Post

ISIS suffers heavy defeat in Iraq

Related Posts

National Bureau
Economy

Amid Dwindling Purchasing Power Of Naira, January Inflation Eases To 15.10 Percent 

February 16, 2026
UBA, Fidelity, Others Extend Workdays As CBN Insists On January 31 Deadline For Depositing Old Naira Notes
Economy

Nigerian, Zambian Currencies May Post Further Gains As Ghana’s Cedi Faces Pressure

February 6, 2026
Yuan Expected To Rise In 2026 Amid Cautious Optimism From  Beijing
Economy

Yuan Expected To Rise In 2026 Amid Cautious Optimism From  Beijing

February 4, 2026
African Nations Now Send More Money To China Than They Receive In New Loans
Economy

African Nations Now Send More Money To China Than They Receive In New Loans

January 27, 2026
Next Post

ISIS suffers heavy defeat in Iraq

Senate

Senate Seeks Additional ₦30bn For INEC To Conduct 2027 Election 

February 24, 2026
Romantic Tryst Led To Mexican Cartel Leader’s Capture, Death 

Romantic Tryst Led To Mexican Cartel Leader’s Capture, Death 

February 24, 2026
Nigeria Signs South Korea’s Daewoo To Fix Kaduna Refinery

Oil Rises To Near Seven-month High On US–Iran Tensions, Trade Policy

February 24, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version