Browsing: Mr Godwin Emefiele
Dr. Fayemi said this and more in what is aptly his last New Year Statewide broadcast as Governor on Saturday.
Sanusi expressed his disapproval at the unveiling of his book ‘For the Good of the Nation,’ on Tuesday in Lagos.
The charge is over his alleged refusal to order payment of N182 billion to them.
I want to thank you very much for that question. I think I must apologise when you say that people are suffering. I must apologize that this is happening to our people, but I must confess that what is happening today is as a result of a world global crisis. Global crisis in the sense that we have seen commodity prices dropping, we’ve seen geo-political tension, all around the world. Here you are talking about political tension between Russia, and Ukraine, while indeed the U.S. and E.U. are on one side watching
He said the committee, however, left the Cash Reserve Ratio and the Liquidity Ratio unchanged at 22.5 per cent and 30 per cent respectively.
The MPR is the anchor rate at which the CBN, in performing its role as lender of last resort, lends to Deposit Money Banks to boost the level of liquidity in the banking system
The apex bank boss spoke during the disbursement of funds to the youths to mark the commencement of the CBN’s Youth Entrepreneurship Development Programme
It will also attract significant capital inflows to the Nigerian fixed income and equity markets apart from achieving naira exchange rate stability.
During the launch, the CBN Governor, Godwin Emefiele, said the bank remained steadfast to position the Nigerian foreign exchange market to be competitive, transparent, liquid and diversified.
To start with, we wish to put it on record and make it categorically clear that the phony group in reference is not (and has never been) a civil society organisation and is therefore not recognised by the Coalition of Civil Society Groups in Nigeria
He said: “Whereas the bank has continued to sell US Dollars at about N197 per dollar to these operators, they have in turn become greedy in their sales to ordinary Nigerians, with selling rates of as high as N250 per dollar
The Delta State leader of the party, Olorogun Otega Emerhor, in a condolence message signed by the Director of Media, Dr. Fred Latimore Oghenesivbe, said it is always painful to lose one’s mother no matter the age because of the strong bond of love between a good mother and her loved children
It will boost banks’ financing to the agricultural sector, enhance capacity utilisation of agricultural firms involved in the production of identified commodities, increase the productivity and incomes of farmers
The statement said Abdulhameed holds a B.Sc. Degree in Agricultural Economics and Rural Sociology from Ahmadu Bello University, Zaria and a Masters Degree in Public Administration, with specialisation in public policy
A friend of mine who travelled to the US to attend the child’s graduation sent me a WhatsApp message last night lamenting that he cannot now use his Mastercard and Visa Card to pay for transactions. The sudden decision of banks to stop their customers from using their Naira Debit/Credit Cards while abroad is disruptive to most users of the cards and it has induced panic
There have been several uninformed comments as to why the CBN paid out so much to those who made official request to it to move money from their deposit or their budgetary allocation from the federal government in the last administration in particular. A little bit of history of the evolution of central banking may help put things in the right perspective. Economic history has it that what can be regarded as an early central bank was the Sveriges Riksbank, established in 1668, although it was short-lived
According to the statement by Mr Isaac Okoroafor of CBN’s Corporate Communication Department, the redeployment is in line with the new governor’s vision of entrenching a more professional and people-focused Central Bank