According to the CBN, the figure represents an increase of $20 million (N3.36 billion) from the $34.47 billion (N5.79 trillion) recorded on December 31, 2014
Browsing: Godwin Emefiele
The two agreements are terms and conditions that set up the guidelines for the fund and participation agreement that sets out the roles of the banks in the transaction
The NAN correspondent, who checked near the Sheraton Hotel, Zone 4, Abuja, the rendezvous for most black market operators, found that the closest naira exchange to the official exchange rate was N182
Emefiele explained that under the new arrangement, the naira would now exchange for N168 instead of the old official rate of N155 to one US dollar
The CBN Governor, who was represented by his Special Adviser on Development and Finance, Paul Nduka Eluowe, while affirming the belief that the policies had raised the state to a higher pedestal, spoke at the official ceremony for the disbursement of N2 billion CBN Micro, Small and Medium Scale Enterprises Development Fund and the distribution of the second batch of 22 mini-buses, held at the Nelson Mandela Freedom Park in Osogbo
Emefiele said this in Washington DC, United States of America when he briefed newsmen on the outcomes of the Annual Meetings of the World Bank and the International Monetary Funds in Washington DC
The Governor of the Central Bank Governor, Godwin Emefiele, has said that the 2015 general elections would not deplete the fortunes and reserves of the country.
The Governor of the Central Bank Nigeria, Godwin Emefiele, made this known when he briefed newsmen on the outcome of the MPC meeting in Abuja
According to him, from the study of countries’ preparedness, there are challenges hindering the performance of their economies from meeting the convergence criteria for single currency
Emefiele made the call at the opening of the 19th seminar for Finance Correspondents and Business Editors on Wednesday in Kaduna
On development finance, he said the CBN would act as a financial catalyst by targeting predetermined sectors that could create jobs on a mass scale and significantly reduce the country’s import bills
Emefiele gave the assurance at a news conference to outline his policy focus as the new CBN Governor in Abuja
Emefiele resumed on Monday having been previously screened and cleared by the Senate
According to the statement, the forum advised Emefiele to stay faithful to the roles and functions of his job.
It advised him to be conscious of those who might want to use their relationship with him for personal gain rather than for collective good
A statement, signed by Isaac Okoroafor for the CBN Director of Corporate Communications, on Tuesday said that the new governor officially assumed office on Tuesday
Emefiele, who said this at the 23rd Annual General Meeting of Zenith Bank Plc in Lagos, said the bank would be firm and just to ensure growth of the economy
Emefiele is to replace Mallam Sanusi Lamido Sanusi, who was suspended following allegations of financial recklessness
The CBN is charged with regulating and supervising the banking and financial systems to protect the national economy while considering both the banks and the prosperity of the people
Emefiele was nominated by President Goodluck Jonathan following the sack of Mallam Sanusi Lamido Sanusi as the CBN governor