Godwin Emefiele Archives

CBN’s plan to redesign naira purely political- Obaseki

Edo State Governor, Godwin Obaseki, has criticized the plan to redesign naira notes, asserting that it is solely a political initiative without any economic justification. He made the statement while while launching the Edo PDP Women Campaign Council at the Presidential Campaign Secretariat in Benin City the state capital. They say we should all bring […]

jonuorahpdnlimited-com
3rd November 2022
1 Comment
261 Views

Economy

CBN raises interest rate to 13%

The Central Bank of Nigeria on Tuesday announced that it has raised the interest rate to 13 per cent. CBN Governor, Godwin Emefiele, made this known while addressing the reporters after the Monetary Policy Committee meeting in Abuja. Justifying the move, Emefiele said the MPC is suspicious “there might be an aggressive accretion of inflation”. […]

agencyreport
24th May 2022
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346 Views

Banking

Why CBN can’t float exchange rate –Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that despite calls and recommendations by the International Monetary Fund, the World Bank and other global financial institutions, Nigeria cannot afford to operate a floated exchange rate system. Emefiele made this known at the IMF/World Bank Spring Meetings in Washington DC, United States. […]

agencyreport
23rd April 2022
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343 Views

Oil and Gas

Dangote Refinery’ll reduce import bill by 40% – Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, says Dangote Refinery will reduce Nigeria’s import bill on petroleum products and other commodities by 40 per cent. He said this during an interview at the International Monetary Fund meeting in Washington Dc, United States on Thursday. Emefiele said, “With Dangote Refinery coming up with […]

agencyreport
22nd April 2022
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252 Views

Economy News

External reserves return to growth path, gain $243.83m

Nigeria’s external reserves rose by $243.83m in 19 days, according to figures obtained from the Central Bank of Nigeria. The CBN revealed in its data on movement in reserves that the value rose from $39.54bn as of April 1, 2022 to $39.78bn as of April 19, 2022. The external reserves fell by $313m in March, […]

agencyreport
21st April 2022
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334 Views

Banking

CBN, others partner to close infrastructure deficit, raise $37bn

The Governor, Central Bank of Nigeria, Godwin Emefiele, has said the Infrastructure Corporation of Nigeria is signing an agreement with some public and private sector partners to raise funds to close infrastructure deficit in the country. He spoke during an event on InfraCorp term sheet signing with independent asset managers in Lagos on Friday. The […]

agencyreport
9th April 2022
0 Comments
337 Views

News

Emefiele, a serious contender, says Harvard economist

AN Harvard University economist, Oliver McPherson-Smith, has described the Governor of the Central Bank of Nigeria, Godwin Emefiele, as a serious contender for the position of President of Nigeria in the forthcoming 2023 general elections. In an opinion piece, McPherson-Smith said Emefiele’s supporters had seen the potential of the CBN boss and had continued to […]

agencyreport
29th March 2022
0 Comments
316 Views

UN agency rejects transit fees in Strait of

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Some Populer Post

Why interns’ allowances are delayed, defence ministry reveals

Naira depreciates to ₦1,420/$ at parallel FX market

Dangote Refinery dumps naira, fixes petrol price at $0.779/litre

Customs duty waivers hit ₦34tn in 2025, says comptroller-general

Tag: Godwin Emefiele