Have you noticed something lately about Godwin Emefiele, the Governor of the Central Bank of Nigeria? Perhaps, you haven’t. But if you check the headlines, you would see a resurgence in criticisms of his leadership style. You would observe an emerging pattern in a section of the media, all trying to malign the central banker who has summoned the boldness to tell Nigerians the truth.
Browsing: CBN
At a meeting of the National Food Security Council at the State House, Abuja, President Buhari restated his earlier verbal directive to the apex bank, saying he will pass it down in writing that ”nobody importing food should be given money.”
The News Agency of Nigeria reports that the Naira exchanged at N439 to a dollar at the parallel market in Lagos, while Pound Sterling and the Euro closed at N580 and N495 respectively.
This was revealed in a statement by the IMC of the intervention agency on Monday.
Dr. Muda Yusuf, Director-General LCCI, made the appeal in a statement on Sunday in Lagos.
9mobile, in a statement on Saturday, said its *990# payment service banking platform would help drive financial inclusion in Nigeria’s ecosystem.
Amugo made the announcement at a webinar in Lagos, organised by CRC Credit Bureau Limited, in association with Dun and Bradstreet.
The CBN made this known in a circular by Dr. Ozoemena Nnaji, Director Trade and Exchange Department, and addressed to authorised dealers and BDC operators on Thursday.
The National Vice President of ANLCA, Dr. Kayode Farinto, disclosed this in a statement in Lagos.
Emefiele dropped the hint on Tuesday during the meeting of the Bankers’ Committee, noting that the CBN was ready to encourage the revamp of Nigeria’s export sector through deliberate policies that would boost investment and job creation.
The directive was issued by the CBN Governor, Godwin Emefiele, on Tuesday during the bi-monthly virtual meeting of the Bankers’ Committee.
Today, by benefit of hindsight, it could be appropriately said that Emefiele was a prophet who saw tomorrow and quickly rallied his people to prepare for the impending storm. Not long afterwards, the real storm came bearing down on global economies.
The Chairman of the Senate Committee on Finance, Senator Solomon Adeola (APC-Lagos West), made the threat while presiding at the beginning of a Five-Day Public Hearing on the 2021-2023 MTEF/FSP, which saw some heads of the agencies not appearing at all or sending in officers that cannot speak to revenue figures of their agencies with any authority.
Through the ongoing NIRSAL Agro Geo-Cooperative formation exercise, the farmers were structured into a group: Maize Dealers and Marketers Association of Nigeria Farmers AGC, and linked with financing under the CBN ABP.
The development comes following NIRSAL Plc’s structuring of farmers in the FCT into 16 established Agro Geo-Cooperatives, 12 of which are included in the ABP for wet season 2020.
The Committee had on July 20 left the MPR, popularly called lending rate, unchanged at 12.5 per cent.
Uwaleke, an expert on Finance and Capital Markets at the Nasarawa State University Keffi, made the commendation in an interview with the News Agency of Nigeria in Abuja.
The CBN Governor, Godwin Emefiele, disclosed this while reading the communique after the MPC meeting in Abuja on Monday.
Yusuf Yila, Head, Development Finance Department, CBN, said this at the stakeholders’ meeting of Maize Growers Processors and Marketers Association of Nigeria.
Dr. Femi Oke, AFAN’s Chairman, Lagos State branch, said this to the News Agency of Nigeria on Thursday, while reacting to the new CBN policy.