Browsing: Godwin Emefiele

PAPSS is a revolutionary Financial Market Infrastructure to enable instant, cross-border payments in local currencies between African markets.

Emefiele made the disclosure at the 30th Anniversary Conference and Awards of the Finance Correspondents Association of Nigeria (FICAN) on Saturday at Dover Hotel, Ikeja, Lagos.

Reacting to the call in Abuja, the Secretary General of the CNPP, Chief Willy Ezeugwu, noted that “the CBN Governor had not done anything to warrant the call for his resignation hence PDP does not enjoy the support of other opposition political parties in this call.

National Publicity Secretary of the PDP, Kola Ologbondiyan, made the demand on behalf of the party, at a media briefing in Abuja, on Thursday.

The body of economists, Thursday, in a press release signed by its Chairman, Malam Ahmed Abdulkadir and Secretary, Dr. Chima Eboh, linked the fate of the naira to the low receipts from sale of crude oil and the non-export status of the Nigerian economy.

MD/CEO of Heritage Bank Plc, Ifie Sekibo, gave this submission on the sidelines of the 14th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) with a theme: ‘Economic Recovery, Inclusion & Transformation: The Role of Banking and Finance’.

The former presidential candidate stated this in a series of tweets on his Twitter handle a day after the CBN slammed Aboki FX.

The CBN Governor, Godwin Emefiele, said this in Abuja on Friday after the Monetary Policy Committee meeting.

The NFF helmsman made the statement at an event tagged, ‘Dinner with the Best of Corporate Nigeria,’ held on Wednesday in Lagos.

He also said N300 billion had been disbursed to farmers.

But talk is always cheap. And in a democracy with its full complement of free speech, talk is even cheaper, in some cases, crass. This is the context to situate the recent poorly choreographed verbal attacks on Emefiele and the CBN. Some Nigerians have blamed him even for their personal failings. Others think he has everything to do with the sudden arrival of the coronavirus pandemic since early last year. Emefiele has been blamed for Nigeria’s dwindling economic fortunes. And you would think he and he alone has the magisterial power to determine the price of crude oil in the international market.

The bank in August had announced its technical partner for its Digital Currency Project after what it described as a competitive bidding process.

The president appreciates the economist/banker for his patriotic service to the country at a time of stiff economic challenges, praying that his efforts will yield positive dividends for the generality of Nigerians.

The CBN had last week stopped sales of FX through Bureau de Change operators and announced that foreign exchange would now be sold through commercial banks.

Godwin Emefiele, the CBN Governor, who has shown capacity and pluckiness managing Nigeria’s reserve bank these past years of global cum local  economic crisis, made this announcement on Tuesday, July 27 while presenting a communique from the Monetary Policy Committee (MPC) meeting. He cited unwholesome business practices of the BDCs which run contrary to the rules of engagement thus putting much strain on the naira.

The CBN Governor, Mr Godwin Emefiele, had announced the decision during the Monetary Policy Committee (MPC) meeting on Tuesday.

The Central Bank of Nigeria (CBN) says it has released N756.51 billion to 3,734,938 small holder farmers cultivating 4.6 million…

The CBN governor, Godwin Emefiele, announced this on Tuesday in a live TV broadcast after announcing that the bank had retained its benchmark policy rate.

This hint is contained in the report of the committee.

Emefiele said this at the investors webinar organised the Bureau of Public Enterprises on Tuesday.