Osita Nwanisobi, Acting Director, Corporate Communications Department, CBN, made the call at a one-day interactive and enlightenment session with Organised Labour and Civil Society in the South on Saturday in Lagos.
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The request, granted by Justice Ahmed Mohammed, was filed by former Attorney-General of the Federation and Minister of Justice, Mr Michael Aondoakaa, SAN, on behalf of the CBN.
This was contained in a memo by Nkiru Asiegbu, CBN’s Director, Other Financial Institutions Supervision Department.
The chairman of the association in the state, Mr Gideon Oluleye, stated this while speaking with newsmen on the sidelines of the association’s stakeholders meeting on Wednesday in Akure.
This is contained in a circular issued by Mr. Musa Jimoh, CBN’s Director, Payments System Management Department.
The president appreciates the economist/banker for his patriotic service to the country at a time of stiff economic challenges, praying that his efforts will yield positive dividends for the generality of Nigerians.
The CBN had last week stopped sales of FX through Bureau de Change operators and announced that foreign exchange would now be sold through commercial banks.
The News Agency of Nigeria reports that Sanusi was born on July 31, 1961.
Godwin Emefiele, the CBN Governor, who has shown capacity and pluckiness managing Nigeria’s reserve bank these past years of global cum local economic crisis, made this announcement on Tuesday, July 27 while presenting a communique from the Monetary Policy Committee (MPC) meeting. He cited unwholesome business practices of the BDCs which run contrary to the rules of engagement thus putting much strain on the naira.
The Norrenberger Money Market Fund is a collective investment scheme, registered with the Securities and Exchange Commission (SEC). The fund invests in Nigerian short-term money market instruments such as Federal Government Treasury Bills, Bankers’ Acceptance, Commercial Papers, Certificate of Deposit, and other instruments introduced and approved by the Central Bank of Nigeria (CBN) from time to time.
The directive follows the CBN’s decision to discontinue sale of FOREX to Nigerians through the Bureaux de Change operators.
The CBN governor, Godwin Emefiele, announced this on Tuesday in a live TV broadcast after announcing that the bank had retained its benchmark policy rate.
Speaking with journalists in Abuja at the weekend, the Acting Director, Corporate Communications Department of the Bank, Osita Nwanisobi said the Nigerian banking system had proven to be very sturdy in spite of the global challenges posed by the corona virus pandemic (COVID-19). He made this clarification in response to certain false and unfounded stories circulating in the social media attacking the soundness and safety of some Nigerian banks.
Dr. Muda Yusuf, outgoing Director-General, LCCI, gave the advice in an interview with the News Agency of Nigeria on Sunday in Lagos.
The CBN disclosed this in a circular dated July 16, 2021, titled: “Sugar Importation in Nigeria.”
The government plans to generate 14,000 direct and indirect jobs from the venture.
He also restated the federal government’s strong commitment towards infrastructural and national economic development, and called on local investors and the international investment community to take advantage of the many opportunities offered by the Nigerian economy,
Coordinator, RIFAN and CBN special project in Niger State, Malam Idris Usman, made this known in Bida during the inauguration of the 2021 wet season distribution and sale of paddy rice to farmers
According to SERAP’s deputy director, Kolawole Oluwadare, the organization is also seeking an order to compel the president to “explain and clarify whether the $25 billion (N9.7 trillion) overdraft reportedly obtained from the CBN is within the five-per cent limit of the actual revenue of the government for 2020.”
The Vice-Chancellor of the University of Lagos, Prof. Oluwatoyin Ogundipe announced this at a news conference on activities lined up for the institution’s 51st convocation on Wednesday in Lagos.