An economist, Prof. Pat Utomi, has said the likely retention of the Monetary Policy Rates for a while at 14 per cent was reasonable due to non-availability of pressure on the economy.
The Governor, Central Bank of Nigeria, Godwin Emefiele, on Tuesday said the bank’s policy to restrict importers of some 42 items from accessing foreign exchange was the right call of action.
The Federal Government will start sourcing foreign exchange from Dangote Group as soon as the latter's refinery, petrochemicals and fertilizer projects come on stream.
The CBN Governor, Godwin Emefiele, said this on Sunday during an inspection of Dangote Refinery in Lagos.
Femi Adesina, the President’s Special Adviser on Media and Publicity, in a statement in Abuja on Sunday, quoted the president as saying that the humongous savings would be deployed to other critical areas like infrastructure, education,…
Enthusiastic as Emefiele sounded, he was also mindful of the fact that some key sectors of the economy had continued to experience what he described as “Significant challenges, baring the tepid recovery of the domestic economy from…
The Monetary Policy Committee for the 14th consecutive time retained the Monetary Policy Rate at 14 per cent.
No fewer than 850,000 Small Holder Farmers have benefited from the Central Bank of Nigeria’s N160 billion under its Anchor Borrowers’ Programme in the last three years, CBN governor, Godwin Emefele, says.
He made this known at a remittance household surveys workshop jointly organised by the CBN and the African Institute for Remittances on Tuesday in Abuja.
First Bank of Nigeria Football Club of Lagos on Saturday emerged champions of the 32nd edition of the All Financial Institutions Football Competition, defeating the Securities and Exchange Commission Football Club of Abuja by four goals to…
The Senate decision was sequel to a motion sponsored by Senator Gbenga Ashafa, who expressed dissatisfaction with excessive charges by Nigerian Banks.
Emefiele told newsmen on Sunday that this was part of the outcome of the Nigerian delegation’s meetings with investors and institutions at the International Monetary Fund and World Bank Group Annual Meetings in Bali.
The Minister of Finance, Zainab Ahmed and the Central Bank of Nigeria governor, Godwin Emefiele, will join other economic experts from around the world to discuss issues affecting the global economy.
The Governor, Central Bank of Nigeria, Godwin Emefiele, on Wednesday said the apex bank was duly committed in positioning the economy on the path of growth by supporting small businesses in the country.
The Central Bank Governor, Godwin Emefiele, made this known at a news conference on Tuesday in Abuja on the outcome of the 263rd Monetary Policy Committee meeting.
Nzekwe, a former President, Association of National Accountants of Nigeria, gave the advice in an interview with the News Agency of Nigeria on Sunday in Ota, Ogun State.
A new bank, Polaris Bank Limited, has taken over the assets and liabilities of Skye Bank Plc, which licence was on Friday evening revoked by the Central Bank of Nigeria.
The Central Bank of Nigeria, on Friday, revoked the operating licence of Skye Bank Plc with immediate effect.