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.
Browsing: Godwin Emefiele
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.
Emefiele made the pledge while delivering the 51st Convocation Lecture of the University of Lagos, Akoka, on Monday in Lagos.
The CBN Governor, Godwin Emefiele, agreed to the proposal from the Governor of the Central Bank of The Gambia, Buah Saidy, who led a delegation to visit him on Tuesday
This particularly relates to requests of travelers seeking foreign exchange for travel allowances, payment of tuition and medical fees, among other invisibles
He disclosed this on Thursday, while leading his deputies to plant trees at the CBN Head Office in commemoration of the 2021 World Environment Day with the theme: “Ecosystem Restoration”.