The Governor of Central Bank of Nigeria, Mr. Godwin I. Emefiele risks being committed to prison for failing to honour a Garnishee Order Absolute to pay the balance of $53m due and payable under the said Order to Mr. Joe Agi (SAN) and team of lawyers that facilitated the Paris …
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The Governor of Central Bank of Nigeria, Mr Godwin Emefiele on Sunday said that the Nigerian banking sector is strong in spite of the fact that some banks failed its stress test.
Emefiele said this during a media briefing on the sidelines of the annual meetings of …
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The Central Bank of Nigeria (CBN) has expressed its resolve to curb the $2 billion spent annually on the importation of information and technology (IT) solutions that could have been produced in Nigeria.
The CBN Governor, Mr. Godwin Emefiele, in an …
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Mr Godwin Emefiele the Governor of Central Bank of Nigeria (CBN) says the implementation of cashless policy in six states of the federation is in public interest to promote an efficient payment system....
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The Central Bank of Nigeria (CBN) will leave interest rate unchanged for a long while, its Governor, Mr. Godwin Emefiele, said yesterday.
He told journalists at the end of a two-day meeting of the Monetary Policy Committee (MPC) …
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Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday emerged from his oath taking, vowing to, in his second term, strengthen efforts to stimulate growth and job creation in critical sectors of the economy in order to insulate …
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Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, will formally assume office for a second term of five years today.
In line with tradition, Emefiele is expected to take the oath …
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The Central Bank of Nigeria (CBN) is to limit Deposit Money Banks (DMBs) access to government securities to redirect their lending focus to the private sector.
CBN Governor, Mr. Godwin Emefiele, said yesterday in …
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With the confirmation of the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, for a second and final five-year term, by the Senate yesterday, some chief executive officers of financial institutions have hailed his reappointment and urged him to work towards having tougher...
The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said the apex bank is currently gathering data about, and investigating the accounts of individuals and corporate organisations involved in smuggling and dumping textile materials into Nigeria.
Emefiele warned that after the...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has expressed its support for the Central Bank of Nigeria’s (CBN) monetary policy and intervention in critical sectors in the economy.
In a statement yesterday, ABCON President, Alhaji Aminu Gwadabe, said the central bank under...
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The Central Bank of Nigeria (CBN) has restricted access to foreign exchange for the importation of all types of textile materials with immediate effect.
The new restriction raises the list of items banned from accessing forex from the official windows to 43. CBN governor, Mr. Godwin Emefiele...
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The Central Bank of Nigeria (CBN) has given assurance to Dangote Group that it will support …
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The Central Bank of Nigeria (CBN) on Tuesday rejected suggestions by the Peoples Democratic Party (PDP) flagbearer in the 2019 presidential elections, Atiku Abubakar, he would jettison the current monetary policy to stabilise the market and strengthen the economy, once elected into office...
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The Federal Government will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter’s refinery, petrochemicals and fertiliser projects come on stream.
This potential reversal of roles was disclosed by Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele...
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Nigeria’s external reserves increased by 11 per cent from the $38.912 billion it was as of January 2, 2018, to $43.195 billion as of December 28, 2018.
This represented an increase by $4.3 billion within the period. The reserves had dropped to about $41 billion in November last year. Save …...
The Governor of Central Bank of Nigeria(CBN), Mr. Godwin Emefiele, yesterday expressed disappointment over the reluctance of commercial banks to lend to the real sector of the economy. …
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The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has been elected chairman of the West Africa Monetary Zone (WAMZ) at the ongoing sub-regional meeting in Abuja....
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The Vice President, Prof. Yemi Osinbajo is expected to deliver the keynote address at the public presentation of a book titled ‘Revolution of Accountancy Profession in Nigeria: History of the Association of National Accountants of Nigeria (ANAN)...
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The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent.
The CBN Governor, Mr Godwin Emefiele, announced the decision of the committee at the end of a two-day meeting held at the apex …
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