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Posts Tagged "emefiele"

HomePosts Tagged "emefiele"

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the fiscal and monetary authorities are committed to implementing President Muhammadu Buhari’s economic recovery and growth plan (ERGP). Emefiele also said the series of intervention embarked upon by the apex bank in the foreign exchange market would improve economic activities and productivity in the […]

Olalekan Adetayo, Abuja The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, on Thursday said President Muhammadu Buhari was excited at the current stability being witnessed in the foreign exchange market. Emefiele told State House correspondents that Buhari was delighted to learn about the stability when he (the CBN governor) briefed the President on the […]

• Says recession will be over this year • CBN sells $25m through new FX window for investors, exporters Damilola Oyedele in Abuja and Obinna Chima in Lagos Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has revealed that the country’s foreign reserves have exceeded $31 billion, a development which he said gives the […]

In this article, Nathaniel T. Olufemi argues that the recent interventions of the Central Bank of Nigeria governor, Mr. Godwin Emefiele to support the naira are working with impressive results for the economy “The fact that we have done this consistently for almost four to five weeks should tell everybody or those who doubt the […]

By Ulf Laessing, Karin Strohecker and Sujata Rao LAGOS/LONDON, March 27 (Reuters) – Earlier this year, an open letter in the Nigerian media from a group of businessmen attacked the “shameful” record of central bank governor Godwin Emefiele and demanded that he should go. With Africa’s largest economy in recession for the first time in […]

It is quite embarrassing that the finance ministry and the Central Bank of Nigeria (CBN) are at loggerheads over the management of the foreign exchange market. It started when finance minister, Kemi Adeosun, in Nigeria’s fiscal roadmap for 2017, disclosed plans to ditch a 16-month old policy which prohibits importers of a list of 41 […]

By Paul Obi in  Abuja The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele and former Vice Chancellor of Bowen University and Pioneer, Aso Villa Chapel Chaplain, Prof Yusuf Obaje, yesterday clashed in Abuja over allegations by the latter against the apex bank of doing nothing to fight poverty but rather implementing anti-people policies […]

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has inspected rice farms in Itane, Ketar Fulani and Gwadan Gwaji villages in Kebbi State, as part of federal government’s efforts to make the country food sufficient. Emefiele, who expressed satisfaction with the yield of farmers that hearkened to the clarion call to embrace farming […]

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex bank has injected enough forex into the aviation sector, wondering the cause of lamentation by aviation stakeholders. In an interview with THISDAY, Emefiele blamed some of the challenges in the sector on shortage of passengers. He said the situation was not peculiar […]

By Ulf Laessing and Karin Strohecker LAGOS/LONDON Oct 13 (Reuters) – When around 100 Nigerian youths staged a protest calling on Central Bank Governor Godwin Emefiele to resign over the slide in the naira, bank officials were keen to play it down. A central bank spokesman denied that there had been an actual media gag, […]