President Bola Ahmed Tinubu has suspended the Central Bank of Nigeria, CBN, Governor, Mr Godwin Emefiele from office with immediate effect. According to a terse statement by Willie Bassey Director, Information Office of the Secretary to the Government of the…
The Central Bank of Nigeria (CBN) has commended the West African Institute for Financial and Economic Management (WAIFEM) for its debt management support to Nigerian states. Emefiele gave the commendation on Tuesday in Abuja, at a Sub-national Debt Management Performance…
ALHAJI Aliko Dangote, Chairman Dangote Group, has given the assurance that the Dangote Petroleum Refinery would turn out its first product before the end of July. Dangote disclosed this at the inauguration of refinery in Ibeju-Lekki, Lagos on Monday. “Beyond…
…Nigeria’s GDP growth slows to 2.31% in Q1 2023, NBS blames Naira scarcity By Seun Ibiyemi The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 18.5 per cent from…
By Seun Ibiyemi The Central Bank of Nigeria (CBN), on Monday unveiled an e-learning platform, SabiMONI, to promote financial literacy and to deepen financial inclusion. Speaking at the ceremony, the CBN Governor, Mr Godwin Emefiele, said that the platform is…
By Sodiq Adelakun The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the banking sector was committed to expanding foreign exchange supply in the country. He noted that the RT200 programme had made good progress in…
…To sanction shipping companies exporting undocumented cargoes By Akinyemi Precious The Governor, Central Bank Of Nigeria (CBN),Mr Godwin Emefiele has disclosed that export proceeds repatriation increased by 40 per cent from US $3.0 billion in 2021 to US $5.6 billion…
By Matthew Denis Following a flat rate forecast by the International Monetary Fund (IMF) for Nigeria’s economic growth rate in the 2023 and 2024, the Central Bank of Nigeria (CBN) has picked the challenge and set to sustain its recent…
The Governor of Central Bank of Nigeria, Godwin Emefiele, on Monday appealed to the Minister of Labour and Employment, Chris Ngige, to prevail on the leadership of Nigeria Labour Congress (NLC) over its planned protest slated for Wednesday. Recalled that…
The Central Bank of Nigeria ( CBN) has debunked fresh allegations that the Governor of Central Bank of Nigeria ( CBN),Mr Godwin Emefiele has launched a fresh plot against the President-elect Asiwaju Bola Ahmed Tinubu. The denial is contained in…
