Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), said shortly after the Monetary Policy Committee (MPC) meeting Tuesday that the government would soon place restrictions on the importation of milk into the country.
He noted that the country spends between $1.2-1.5bn to …
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Though inflation dropped by 0.18 points in June 2019, the Central Bank of Nigeria (CBN) has revealed that Nigeria’s economy will continue to witness double-digit inflation throughout 2019.....
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has maintained a hold in Monetary Policy Rate (MPR) at 13.50%. Also, other parameters such as CRR, Liquidity ratio, and asymmetric corridor were equally held constant....
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The Executive Governor of Lagos State, Mr. Babajide Sanwo-Olu, has carpeted the Lagos State chapter of the Peoples Democratic Party (PDP) for claiming that he, the Governor, coughed out the sum....
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The Nigeria Customs Service (NCS) has disclosed that it impounded 140 bundles of smuggled textile materials worth N11.2 billion in Lagos. The customs said that the officers attached to...
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In line with the commitment of the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, to ramp up activities in the Nigerian economy in his second term, the apex bank has taken fresh steps to channel more funds to …
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At the moment, no one can deny the fact that Nigeria is going through one of its most turbulent times in its chequered history. And Arewa, my beloved North, is gradually being decimated right before our very eyes.....
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Like a heavy cloud, a deep sense of disquiet now hangs over the mortgage sector, following new proposal by the Central Bank of Nigeria (CBN) to increase the capital base of banks.....
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The Central Bank of Nigeria (CBN) says the country’s external reserves stand at $45 billion as at June 2019.
The CBN Governor, Godwin Emefiele, disclosed this while reeling out the policy road map for his five years second term in Abuja on Monday. Mr Emefiele said the …
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As the governor of the Central Bank of Nigeria (CBN) is set to unveil his five – year plan today, the director, Corporate Communications of the apex bank has said it would be centered on growth and job creation, as he revealed plans to build music…
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I congratulate you on your re-appointment as Governor of the Central Bank of Nigeria (CBN) for a second term. This appointment, I believe, is divinely orchestrated to ensure consistency in economic policies and....
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President Muhammadu Buhari has inaugurated the National Economic Commission(NEC) to put his second term in motion. The inauguration had Vice President Yemi Osinbajo as the chairman of the....
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President Muhammadu Buhari has given the nod to the Central Bank of Nigeria (CBN) to blacklist any firm, its owner and top management caught smuggling or dumping any of the 43 items which are not eligible for foreign exchange.....
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The Central Bank of Nigeria has been directed by President Muhammadu Buhari to blacklist any firm caught smuggling restricted 43 items into Nigeria....
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The Central Bank of Nigeria, CBN, has slated Treasury Bills, TBs, sales worth N809.4 billion for the third quarter 2019, Q3’19. This is contained in the apex bank’s latest Nigeria Treasury Bills Issue programme released last weekend...
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Africa’s richest man, Aliko Dangote, has berated the volume of smuggled goods coming into Nigeria through the Republic of Benin. Dangote spoke at a stakeholders’ session in Lagos between the....
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Having a fake currency note in your pocket is as good as walking around with a piece of paper. Because there’s absolutely no single monetary value attached to a fake currency, especially here in Nigeria.....
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The Nigeria Labour Congress (NLC) has congratulated the Governor of the Central Bank of Nigeria (CBN), Dr. Godwin Emefiele on his reappointment for another term of five years.....
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Governor of Central Bank of Nigeria, Godwin Emefiele, has said that Nigeria must prepare for the next global economic crisis. Emefiele said this while delivering a lecture titled.....
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Governor of the Central Bank of Nigeria, Godwin Emefiele, has sought the restriction of banks’ access to government securities such as bonds and treasury bills.
Speaking at the recently-held Monetary Policy Committee (MPC) meeting in Abuja, Emefiele said the apex bank needs to initiate...
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