He said a panel headed by the Vice President, Prof. Yemi Osinbajo, discovered mismanagement of funds by both Oke and Ekpenyong.
Browsing: Central Bank of Nigeria
Prof. Umar Danbatta, the Executive Vice Chairman of NCC, said the signing of the MoU between NCC and CBN was a landmark in the digital transformation process that the commission was mandated courtesy of act establishing it.
Emefiele, represented by Edward Adamu, Deputy Governor, Corporate Services, said the reserves would continue to grow following the recent accretion the nation had recorded.
Emefiele announced this at a seminar for Finance Correspondents and Business Editors, held in Uyo, Akwa Ibom on Monday.
The acting Director, Corporate Communications Department, CBN, Isaac Okoroafor, in a statement on Sunday said Aishah Ahmad was deployed to the Financial System Stability Directorate, while Edward Lemetek Adamu was assigned to Corporate Services.
Presenting the award at a ceremony held in Lagos, the President and Chairman of Council, Chartered Institute of Bankers of Nigeria, Prof. Segun Ajibola, commended Emefiele and his team at the CBN for their efforts in managing the Nigerian financial sector and intervening in critical sectors of the economy, particularly agriculture
According to him, the Federal Government, through the Central Bank of Nigeria in 2017 initiated the Foreign Exchange Policy that stimulated the growth of Small and Medium Enterprises.
Ezekiel Ogbinko, Chairman, Rice Farmers Association of Nigeria, Bayelsa State chapter, disclosed this in Yenagoa on Friday while flagging off the second phase of the programme for the 2018 farming season
The Central Bank of Nigeria Governor, Godwin Emefiele, said this while briefing newsmen on the outcome of the first MPC meeting for 2018 in Abuja on Wednesday
The experts, who spoke to the News Agency of Nigeria on Wednesday in Lagos, noted that the absence of a fiscal policy direction in the economy was inevitable for the CBN to decide otherwise.
Both Obasanjo and Babangida have advised Buhari not to seek reelection in 2019
Dignitaries and government functionaries from every nook and cranny of Nigeria were at the occasion to witness the achievement that admits no comparison in the history of agriculture in Borno State and Northern Nigeria at large
Figures obtained from the Bank on Tuesday indicated that the Wholesale sector of the market got a boost of $100 million, while the Small and Medium Enterprises and invisibles sectors were each offered $55 million.
The financial experts said this in an interview with the News Agency of Nigeria while reacting to expectations for the long-awaited first MPC meeting of the year.
To enjoy this huge liquidity lifeline, accessed through the apex bank’s Standing Lending Facility, the banks paid N40.48 billion as interest to the CBN, representing 84 per cent increase from N22 billion paid in 2016.
Speaking at a memorial lecture for the former top official of the Central Bank, the Zonal Coordinator of NAS in Ilorin, Dele Abiodun, described the deceased as a trail blazer who had touched many lives.
Wal Wanne’s contributions to the success of the state cannot be distracted or swayed by naysayers. Advisably, they should find a new pastime and make effort to be part of the train of progress. Whether they like it or not, Borno State is on the path of affirmed success
The Acting Director, Corporate Communications Department, CBN, Isaac Okoroafor in a statement on Friday, said the continued interventions were in line with CBN’s pledge to sustain market liquidity in order to boost production and trade.
The Manager, Research Department, NDIC, Adikwu Igoche, gave the warning in an interview with the News Agency of Nigeria on Friday at the ongoing 29th Enugu International Trade Fair.
Speaking on the topic: “The Wealth of Nations and the Imperative of Economic Transformation,” Moghalu said: “As in individuals, so it is for countries. Those that have well developed worldview, with global strategic intent in a competitive world, tend to perform better than those that don’t.”