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Central Bank of Nigeria Governor, Godwin Emefiele, has said that ensuring price stability and growing the nation’s economy through unconventional policy is paying off.
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said on Friday Edo State can generate more than 200,000 jobs and millions of dollars in foreign exchange from cultivation and palm oil processing.
The Federal Government has advised youths to leverage their creativity and potential to the nation’s automotive industrial creation.
Some rice farmers have appealed to the Federal Government to provide them with affordable loan facilities to boost production to reduce the price of the commodity as they described the closure as a welcome development.
The Central Bank of Nigeria (CBN), yesterday disagreed with the position of the International Monetary Fund (IMF) on the impact of the foreign exchange (Forex) restrictions on Foreign Direct Investment (FDI) inflow into the country.
The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Sunday disagreed with the International Monetary Fund (IMF) that foreign exchange restrictions place on some items in the official forex market was impeding the flow of foreign direct investments (FDIs) in the country.
The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has defended the apex bank’s policy restricting foreign exchange sales for 43 items that can be produced locally.
The Central Bank of Nigeria (CBN) has injected $325.5million in the Retail Secondary Market Intervention Sales (SMIS) and CNY14million in the spot and short-tenured forwards segment of the inter-bank foreign market.
The foreign exchange restrictions placed on 43 items by the Central Bank of Nigeria (CBN) on Tuesday drew criticism from the International Monetary Fund (IMF).
The Central Bank of Nigeria (CBN) on made an intervention of 311.5million dollar in the retail Secondary Market Intervention Sales (SMIS) and 15 million Chinese Yuan in the spot and short-tenored forwards segment of the inter-bank foreign market.
The Vice President, Prof. Yemi Osinbajo, yesterday, said that a vibrant commodities trading ecosystem will help diversify the economy away from dependence on crude oil and enhance foreign exchange earnings, forex.
As Nigeria marks its 59th independence anniversary, President Muhammadu Buhari has ordered the Ministry of Finance, Budget and National Planning to release the sum of N600 billion for capital expenditure within a three-month time frame.
The Senate has commended the recent decision by President Muhammadu Buhari to temporarily close all land borders to address smuggling and its impact on the Nigerian economy.
The Senate has advised the Federal Government to accelerate the diversification of the economy to improve the country’s foreign exchange (forex) earnings.
The Central Bank of Nigeria (CBN) and governors of the 36 states of the federation on Thursday agreed to pool resources to develop the agricultural potentials in their domains and create jobs.
The N100 billion made available by the Federal Government assisted in no small way to give the Kano free trade zone a lease of life after a 15-year non-completion of the project, the acting Director General of the Nigeria Export Processing Zone, Authority (NEPZA ), Terhemba David Nongo ,has said
The Central Bank of Nigeria (CBN) has injected 210 million U.S. dollars into interbank segment of the Foreign Exchange Market following sales concluded on Tuesday.
Coach of Nigeria’s U-23 team, Imama Amapakabo, says the Olympic Eagles must get the desired result against South Africa, admitting that it has been tough for the team at the ongoing U-23 Africa Cup of Nations in Egypt.
The Economic And Financial Crimes Commission, EFCC, has assured credible civil society organisations, CSOs, of continued partnership in the task of combating economic and financial crimes.
Super Eagles’ manager, Gernot Rohr, has said his contract is not a distraction for him, as the team started their AFCON 2021 qualifiers with a 2-1 victory over Benin.
The second stream undergraduate programme of the Lagos State University (LASU) was introduced to help deepen entrepreneurship skill of students of the institution, the Vice Chancellor, Prof. Olanrewaju Fagbohun, has said.
Prof. Attahiru Jega, former chairman of the Independent National Electoral Commission (INEC), says that improving the integrity of elections is key to democratic development of any nation,
Former Super Falcons handler Kadiri Ikhana has called on the Nigeria Football Federation, States and Federal Government to put in place proper medical care for sportsmen and women that will make them to take care of themselves while they are still active.
The Minister of State for Agriculture and Rural Development, Alhaji Mustapha Baba-Shehuri, says Nigerians would benefit from the border closure policy adopted by the Federal Government.
Alhaji Falalu Bawale has been named as the new Permanent Secretary for Katsina State Government House, otherwise called PMB House in Katsina.
Super Eagles and LOSC Lille forward Victor Osimhen has revealed that the barrage of criticisms that he received whilst at German Bundesliga side Wolfsburg motivated him to improve his game.
The Deputy Speaker, Delta State House of Assembly, Hon. Christopher Ochor Ochor, has described appeal court judgment in Benin City yesterday, as victory for people of Ukwuani and democracy.