The CBN Governor, Godwin Emefiele, denied the allegation in a news conference on in Jos, the Plateau State capital.
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This was contained in a communiqué issued at the end of the first MPC meeting in 2023 in Abuja on Tuesday.
Emefiele gave the clarification on Tuesday in Abuja, after the Monetary Policy Committee (MPC) meeting of the apex bank.
The Managing Directors/Chief Executive Officers of the banks, under the auspices of the Bankers’ Committee, are to meet with an ad hoc committee of the House to be chaired by the Majority Leader, Alhassan Ado-Doguwa.
President Muhammadu Buhari in the course of the week received briefing from the Governor of the Central Bank of Nigeria,…
The News Agency of Nigeria reports that the CBN on Thursday monitored some banks on Lagos Island in Lagos State.
Godwin Emefiele, Governor of CBN stated this on Thursday during a sensitisation campaign on the redesigned Naira notes at Alamis Market in Lafia, Nasarawa State.
NAN reports that Emefiele’s visit to the Presidential Villa was the first since he resumed work at the CBN after his leave on Jan. 12, 2022.
He spoke during a sensitisation tour on the redesigned naira notes to Computer Village, Ikeja, Lagos on Wednesday.
The report went out after it was confirmed that the Governor of the CBN, Godwin Emefiele, was back in the country
The Director of Corporate Communications of the CBN, Osita Nwanisobi, confirmed the development in a statement on Monday
The President of the Middle Belt Youth Forum, had on December 19, 2022 addressed the media on the development.
The Central Bank of Nigeria (CBN) has urged the National Assembly (NASS) to support its implementation of transformational payments and…
The groups said a thorough investigation of the matter will reassure the international community that the rule of law prevails in Nigeria
The newly-redesigned N1,000, N500 and N200 bills became legal tender on December 15, 2022 as said by the CBN
The House had summoned Emefiele to explain the latest policy by the apex bank which, among others, sets limits to cash withdrawals at the Deposit Money Banks and other financial institutions.
Emefiele said this followed the progress made under the Road to $200 billion non-oil exports revenue programme.
The Eagle Online recalls that Emefiele last week announced daily cash withdrawal limits for individuals and organisations.
Emefiele disclosed this in a keynote to the second edition of the bi-annual Non-Oil Export Summit held in Lagos, on Tuesday, November 29, 2022, noting that the figure was significantly higher than the $3.190 billion repatriated in 2021. He, however, explained that only $1.966 billion of this amount qualified for the rebate programme, just as he added that only $1.559 billion was sold at the Investors & Exporters (I&E) window or for own use. He further noted that the CBN had equally paid out about N81 billion in rebates to Nigerian exporters.
Emefiele said this at the 57th Annual Bankers Dinner, organised by the Chartered institute of Bankers Nigeria.