Home Topics CBN Governor
The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has expressed optimism that another revolution, similar to what was recorded in the production of rice production, was about to occur in the tomato sub-sector.
The above quote is probably synonymous with the popular definition of insanity as “the continuous repetition of the same process with the same wrong results, and still expect a positive difference at each turn.”
President Muhammadu Buhari on Thursday in Enugu inaugurated an academic Centre of Excellence built by the Central Bank of Nigeria (CBN) at the University of Nigeria, Enugu Campus.
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent.
The Central Bank of Nigeria (CBN) may increase the items on the foreign exchange (forex) restriction list from 42 to 50 in order to boost local production and stimulate the export market.
Vice President Yemi Osinbajo is currently presiding over the National Economic Council (NEC) meeting at the Presidential Villa, Abuja.
The strategic partnership between the Central Bank of Nigeria (CBN) and Association of Bureaux De Change Operators of Nigeria (ABCON) on foreign exchange (forex) supplies and sustenance of market integrity helped the naira’s stability in 2018.
President Muhammadu Buhari’s Personal Assistant on Social Media, Lauretta Onochie, on Saturday lambasted the Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar, over his campaign centered around the economy.
Central Bank of Nigeria (CBN) says local manufacturers and farmers will be sufficiently supported financially and otherwise in 2019
The Central Bank of Nigeria (CBN) in collaboration with the Nigerian Postal Service (NIPOST) reveals it would commence a national Micro Finance Bank (MFB) in January 2019
It is not going to be easy for banks, companies and individuals behind activities aimed at undermining the extant policy on the 41 items banned from accessing foreign exchange at the official window of the Central Bank of Nigeria (CBN), as it is now declared economic sabotage.
The Central Bank of Nigeria has injected over $10.97bn, into the Forex Market between January and October this year, to defend the Nation’s currency, the Naira, against other major currencies, including the dollar.” (See Punch Newspaper report of November 18th 2018 titled “CBN Defended Naira with $11bn in 10 months”).
There were more revelations Thursday as the Senate Committee on Gas investigating the alleged $1.05 billion withdrawn from the Nigeria National Petroleum Corporation dividends in the Nigeria Liquefied Natural Gas was told that over 45 withdrawals were made from the NLNG dividend account with the Central Bank of Nigeria since 1999.
The Federal Government has raised serious concern over the gradual penetration of the country’s currency market by cryptocurrency, saying the development could facilitate possible terrorist financing and money laundering.
The CBN Governor, Mr. Godwin Emefiele, who read the communique at the end of the two-day MPC meeting, noted that the committee considered the drop in inflation which is seasonal and not sustainable, adding that the upside risk to inflation still remains
The Central Bank of Nigeria said that the active participation of FMDQ OTC Securities Exchange in Naira-settled over-the-counter foreign exchange futures helped in stemming naira devaluation.
Huge cost of servicing new loans amid poor revenue informed the Federal Government’s decision to dispose of 10 state-owned assets to select investors and the public between now and year end, in order to fund the 2018 fiscal plan.
The All Progressives Congress (APC) has called for the removal of the Resident Electoral Commissioner (REC) in Cross Rivers state, Dr Frankland Briyai, alleging that the REC is working in connivance with the Peoples Democratic Party (PDP) to manipulate the forthcoming elections in the state.
With the relaxation of the ban on campaigns till Thursday, the Vice Presidential Candidate of the Peoples Democratic Party (PDP), Mr. Peter Obi, has resumed campaigning in major markets across Anambra State.
Kashim Shettima, governor of Borno State, has dared the Boko Haram sect to attack his convoy when he returns to Gambaru Ngala on a campaign mission.
The Peoples Redemption Party (PRP), Tuesday, said polls shift by the Independent National Electoral Commission (INEC) puts the commission’s integrity and capacity to deliver free and fair election in doubt.
It has been confirmed that Yobe Desert Stars Chief Coach Ngozi Elechi was involved in a motor accident on his way to Lafia to honour Wednesday’s matchday ten fixture between his side and Nasarawa United.
The Africa Cup of Nations tournament will welcome the introduction of the famous Video Assistant Referee (VAR) in Egypt when it kicks off June 19 to July 2.
The National Chairman of the All Progressives Congress, Adams Oshiomhole, has alleged that the Independent National Electoral Commission is working to the advantage of the Peoples Democratic Party.
The Police authorities have deployed three Commissioners of Police in Ogun state to ensure peaceful elections.
Armed bandits killed 11 villagers and an Army Captain in a series of attacks across communities in Katsina and Niger State in the past few days, according to a report.
The Nigerian Railway Corporation (NRC) says it transported 260 passengers free daily with the new Standard Gauge from Lagos to Abeokuta.