Browsing: Central Bank of Nigeria

Presenting the award to Emefiele at a dinner held at the Willard Intercontinental, Washington on the sidelines of the Annual Meetings of the World Bank and the International Monetary Fund on Thursday, the President of Forbes Customs Emerging Markets, Mark Furlong, said the award was in recognition of Emefiele’s courage and determination in using monetary policy to ensure financial stability in Nigeria. 

Presenting the award to Emefiele at a dinner held at the Willard Intercontinental, Washington on the sidelines of the Annual Meetings of the World Bank and the International Monetary Fund on Thursday, the President of Forbes Customs Emerging Markets, Mark Furlong, said the award was in recognition of Emefiele’s courage and determination in using monetary policy to ensure financial stability in Nigeria

The Acting Director, Corporate Communications Department at the Bank, Isaac Okorafor, while confirming the figures, said the CBN was pleased with the state of the Forex market, adding that the Bank will continue to intervene in order to sustain the liquidity in the market and guarantee the international value of the naira

“The imbalance between the roles of the federal and state governments lies at the root of our difficulties. We need to re-balance the duties of the federal and state governments. The quest to correct the imbalance is the essence of federalism that I have advocated for so many years,” he said in an address he sent to the 2017 Annual Dinner of the King’s College Old Boys’ Association in Lagos