The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, was on Saturday unveiled as The Guardian Economic Personality of the Year 2017 in recognition of his contribution to stabilising the Nigerian financial sector amidst recession as well as the bank’s effort in development financing. Presenting the award to Emefiele at a ceremony held at […]
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Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday, gave an indication of delaying the bi-monthly Monetary Policy Committee (MPC) meeting till April after the National Assembly and President Muhammadu Buhari-led executive resolved the issue of nominations for its MPC. Emefiele said the meeting scheduled for March 19-20 would be delayed by about […]
Read More The Nigeria’s Central Bank (CBN) has said that it needs more powers to be able to revoke the licences of erring banks and also to inject funds into any ailing bank. CBN Governor, Godwin Emefelie, stated this yesterday in Abuja at the commencement of a public hearing organised by the House of Representatives Committee on […]
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…with equities market sustained gains Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu, has expressed confidence in Nigeria’s economic recovery on the back of fiscal and monetary policies that have steered the country in the right direction. Elumelu who stated this on the eve of his departure for the […]
Read More The Central Bank of Nigeria has ordered the Deposit Money Banks in the country to suspend the bank accounts and Bank Verification Numbers of their customers linked with any fraudulent activities. The order was contained in a framework released by the CBN to guide the banks in the operations of the BVN. The framework came […]
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The Federal Government will provide cheap funds of not more than five per cent to farmers who wants to acquire agricultural equipment and feeds. The Central Bank Governor, Godwin Emefiele, made this known on Thursday at the official launch of Mitros Ofada Rice in Abeokuta. Emefiele said the cheap funds would help conserve foreign exchange […]
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The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has described Unilever Nigeria as a company that has shown and demonstrated confidence in the Nigerian economy. This, it has done, through continuous investment drive in the country. Emefiele spoke at the official opening Unilever Nigeria Blue Band factory in Agbara Industrial Estate, Ogun State. The […]
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The Coalition of Civil Societies and Media Executives for Good Governance in Nigeria (COCMEGG) will honour the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, with the “Most Distinguished CBN Governor of the Decade”award. The award ceremony will hold on December 19, in Abuja. According to the President of COCMEGG, Omoba Aigbegbele, Emefiele’s performance since […]
Read More Just at the weekend, the Bankers’ Committee and the Central Bank of Nigeria (CBN) bowed to the plea of some state governors to cut the interest rate charged on the CBN’s intervention fund to 5 per cent. Addressing the media on Sunday, the CBN Governor, Godwin Emefiele, said it was meant primarily for small businesses. […]
Read More The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Saturday said that the bank would continue to support measures that would deepen penetration of financial services in the country. Emefiele said while delivering a welcome address at the 9th annual Bankers Committee Retreat in Lagos. According to him, the measure will […]
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The House of Representatives committee has commenced investigations into the abuse of waivers and bonds on import duties from 2010 till date. Subsequently, the lower chamber has demanded an audit of the customs duties remitted by money deposit banks to the Central Bank of Nigeria (CBN) from January 2014 till date with proof of the […]
Read More The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has assured financial products consumers in the country of adequate protection as a bill to empower them would soon be presented to the National Assembly. According to Emefiele, who stated this Thursday in Lagos at the 10th anniversary strategic review meeting on the […]
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