• Contact Us
  • About Us
Monday, April 13, 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

Americans Give Record-Low Marks To Economy In Ominous Sign For Republicans 

Rewane warns Rising Crude Oil Prices Will Boost Daily Oil Theft To $16m, High Inflation, Lower Growth Rate

China Emerges As Safe Haven As Oil Shock  Roils Global Economy

“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

US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
Economy

Americans Give Record-Low Marks To Economy In Ominous Sign For Republicans 

April 11, 2026
Bismarck Rewane
Economy

Rewane warns Rising Crude Oil Prices Will Boost Daily Oil Theft To $16m, High Inflation, Lower Growth Rate

April 7, 2026
China, US Debt Woes May Dominate G7 Finance Chiefs’ Talks
Economy

China Emerges As Safe Haven As Oil Shock  Roils Global Economy

April 1, 2026
FG Projects 2026 Deficit Of 4.28% Of GDP As Tinubu Proposes Spending Plan
Economy

Concerns As Senate Passes 2026 Budget Amid Fiscal Challenges…Tinubu ‘Scores Owngoal’

April 1, 2026
Next Post

ISIS suffers heavy defeat in Iraq

Nigerian Airstrike Hits Market, 200 Feared Dead In Northeast Yobe State-Reuters

Nigerian Airstrike Hits Market, 200 Feared Dead In Northeast Yobe State-Reuters

April 12, 2026
Trump

Trump Vows To Blockade Strait Of Hormuz After Iran Peace Talks Stumble

April 12, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

Americans Give Record-Low Marks To Economy In Ominous Sign For Republicans 

April 11, 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