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Central Bank Governor

Fifty pioneer students of Edo University, Iyamho, will this Saturday graduate in the institution’s first convocation ceremony.

Fifty students for Edo University Iyamho’s first convocation ceremony

Fifty pioneer students of Edo University, Iyamho, will this Saturday graduate in the institution’s first convocation ceremony.

House of Reps deny summoning central bank governor over cashless policy

Chairman, House of Representatives Committee on Banking and Currency, Hon. Victor Nwokolo (PDP, Delta), has refuted media reports that his committee had summoned the Central Bank Governor, Godwin Emefiele, over the bank’s recent controversial directives on new bank charges.
A statement signed by Professor Douglas Ewharute, Engr Justin Akpobaro and made available to newsmen in Warri, Delta state also lauded President Muhammadu Buhari for appointing a worthy son of Delta state Chief Bernard Okumagba as Managing Director of the commission, adding it commended the Deputy President of the Senate, Senator Ovie Omo –Agege for his role in the appointment of Chief Okumagba.

NDYM hails Bernard Okumagba’s appointment as NDDC chief

The Niger Delta Youth Movement, Delta State Chapter, has given its nod to the appointment of Mr. Bernard Okumagba from Warri South as Managing Director, NDDC, describing it as a reward and responsibility to oil producing areas to be at the core of development of the Niger Delta.

EFCC to appeal ruling on Waripamo-Owei Dudafa’s N1.6bn fraud case

The Economic and Financial Crimes Commission has vowed to appeal the judgment of the Federal High Court sitting in Ikoyi, Lagos, which discharged and acquitted a former Senior Special Adviser to former President Goodluck Jonathan on Domestic Affairs, Waripamo-Owei Dudafa, and a banker, Joseph Iwuejo, who were charged with N1.6bn fraud.

Federal government to put restrictions on milk importation

The Central Bank Governor, Mr Godwin Emefiele, who disclosed this while addressing newsmen after the Monetary Policy Committee (MPC) meeting in Abuja on Tuesday said the Federal Government would soon put restrictions on the importation of milk to the country.

President Buhari: All Nigerian e-passports must be produced locally

President Muhammadu Buhari has directed that the production and personalisation of all Nigerian E-passports and related documentation shall be the sole responsibility of the Nigerian Security Printing & Minting Company (NSPMC).
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 2

President Buhari grants passport printing monopoly to MINT

President Muhammadu Buhari has granted the Nigerian Security Printing & Minting Company (NSPMC) the monopoly for the production and personalization of all Nigerian E-passports and related documentation.
Mthuli Ncube

Zimbabwe to raise workers’ salaries the second time in three months

The Zimbabwean government is ready to raise civil servants’ wages for the second time in three months, Finance Minister Mthuli Ncube said on Monday, after a labour group threatened protests.

Nigeria to shut bank accounts of firms which import restricted goods

Nigeria’s central bank said on Friday it will close the bank accounts of firms caught smuggling into the country any goods for which access to foreign exchange has been restricted.

Central bank quashes talk of change to exchange rate policy

Nigeria’s central bank said it made no change to its naira policies, after a revision on its website led some analysts to speculate that it was ending a system of multiple exchange rates.
Olusegun Runsewe

Runsewe hails CBN boss for creative industry initiative

Mr Olusegun Runsewe, Director General, National Council for Arts and Culture, on Thursday commended the Central Bank Governor, Mr Godwin Emiefele, for developing a Creative Industry Financing Initiative.

CBN: Farming panacea to poverty, unemployment in Nigeria

The Central Bank of Nigeria has said mechanised farming is the way out of poverty and unemployment that is currently confronting the country, as it urged citizens to strive to engage in productive ventures to improve their standard of living.

Experts commend central bank for cutting lending rate to 13.5 percent

Two financial experts, Dr Samuel Nzekwe and Dr Titus Okurounmu, on Wednesday commended the Federal Government for reducing the benchmark lending rate from 14 per cent to 13.5 per cent.
President Buhari receives in Congratulatory Visit Members of the Traditional Rulers Council in State House on 5th Mar 2019-2

Committee to outline fresh policies for President Buhari’s second term begins work

A head of the formal inauguration of President Muhammadu Buhari for a second term, a committee to aid the administration deliver on fresh mandates and policy have been constituted and has commenced work.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

APC counters Atiku Abubakar, Peter Obi’s claims at town hall meeting

The Presidential Campaign Council of the All Progressives Congress has listed six lies told by the Peoples Democratic Party’s presidential candidate, Alh. Atiku Abubakar, and his running mate, Peter Obi.

Refinery: Federal government will source forex from Dangote – CBN chief

The Federal Government will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter’s refinery, petrochemicals and fertilizer projects come on stream.

Godwin Emefiele: Nigeria has achieved food imports reduction, saved $21 billion in 34 months

The Central Bank Governor, Godwin Emefiele, has said that Nigeria’s monthly food import bill fell from $665.4m in January 2015 to $160.4m as of October 2018.
Mahmood Yakubu

INEC reaffirms commitment to deliver credible elections in 2019

The Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has reaffirmed the Commission’s commitment and determination to deliver credible elections in Nigeria in 2019, which will embody the concepts of inclusiveness, transparency and accountability, by also ensuring that established rules are fully, fairly and impartially enforced.

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The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started.

Ajaokuta Steel: Federal government to sign MoU with Russian firm in January – minister

The Federal Government will sign the Memorandum of Understanding with a Russian firm for the resuscitation of the multi-billion naira Ajaokuta Steel Rolling Mill, in Kogi State in January 2020.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC seizes over N643.9 million, $706.8 million in Kano

The Economic and Financial Crimes Commission (EFCC) on Monday says that the Kano Zonal office has seized over N643,942 million in 2019.
Queen Park Rangers manager Neil Warburton has heaped plaudits on Ebere Eze after the midfielder bagged a brace in Saturday’s 2-0 home win against Preston North End.

Ebere Eze named in English Championship team of the week

Queens Park Rangers midfielder Ebere Eze has been named in Sky Bet Championship team of the week following his impressive performance in Saturday’s 2-0 home win against Preston North End.
Gov. AbdulRahman AbdulRazaq of Kwara, has congratulated President Muhammadu Buhari, on his victory at the Presidential Election Petition Tribunal.

Governor AbdulRazaq: We inherited N100 billion debts not N30 billion

Kwara State Governor AbdulRahman AbdulRazaq on Monday said that his administration inherited a sum of N100 billion debts from the former government of AbdulFatah Ahmed.
The Centre for Anti-Corruption and Open Leadership, CACOL, has commended the Muhammadu Buhari’s government’s support for the quick establishment of specialized courts to try corruption and its allied cases for speedy determination of such cases within a stipulated time in order to bring culprits to book and discourage penchant for embezzlement and other forms of grand corruption.

Federal government directs accountant-general, others to publish daily financial statements

The Federal Government on Monday directed the Accountant General of the Federation to publish daily treasury summary statements of financial inflows and outflows.