The Central Bank of Nigeria has assured investors and the international community that the country having gone through a successful election, was ready for investments.
Browsing: Godwin Emefiele
The House of Representatives, on Thursday, asked the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it over alleged discrepancies in the remittance of N33 billion pension deductions by National Pension Commission.
The Monetary Policy Committee of the Central Bank of Nigeria has cut down the benchmark lending rate from 14 per cent to 13.5 per cent to further promote economic growth.
The Governor, Central Bank of Nigeria, Godwin Emefiele, on Monday said over $500 million was being spent annually on importation of palm oil.
The Governor, Central Bank of Nigeria, Godwin Emefiele, has lauded the contributions of women at the Bank, saying closing gender gap is part of the CBN’s corporate strategy.
As the central bank and apex monetary authority of the country, the major regulatory objectives of the Central Bank of Nigeria as mirrored in the institution’s enabling Act are to maintain the external reserves of the country, promote monetary stability, a sound financial environment and to act as a banker of last resort.
The Central Bank of Nigeria says it will issue loans at five per cent and with no collateral to Small and Medium Enterprises through the NIRSAL Micro Finance Bank.
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has reacted to unconfirmed reports that he had been removed from office by President Muhammadu Buhari.
The Central Bank of Nigeria has placed access to foreign exchange for all forms of textile materials on the FOREX restriction list, the Governor, Godwin Emefiele, announced in Abuja on Tuesday.
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, health care and many others.
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 recession,” but warned that effort should be stepped up to strengthen aggregate output and demand.
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 two via penalties in a pulsating match decided at the , Adamasingba, Ibadan, Oyo State, after the score stood at 1-1 at the end of regulation time.
The Senate decision was sequel to a motion sponsored by Senator Gbenga Ashafa, who expressed dissatisfaction with excessive charges by Nigerian Banks.