No Nation In The World Depends On The Consumption Of Foreign Goods-Emefiele
By Lukman Amusa Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, says no nation in the world depends on the consumption of foreign goods and grow its economy.…
$35bn External Reserves Sufficient For Seven-Month Imports — Emefiele
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria’s external reserves, which currently stand at $35bn, are sufficient to cover seven months of imports of…
CBN Demands Exclusive Right To Bank Licensing, Revocation
In order to avoid duplication of function and in line with international best practice the Central bank of Nigeria want the Nigeria senate to give the apex bank the exclusive…
CBN Raises Banks’ CRR To 27.5%
The Monetary Policy Committee of the Central Bank of Nigeria on Friday altered the Cash Reserves Ratio from 22.5 per cent to 27.5 per cent. The Cash Reserve Ratio is…
Boarder Closure: CBN Governor Ureges Rice Millers, Others Not To Increase Price
By Olamilekan Alani The Central Bank of Nigeria (CBN), governor Mr Godwin Emefiele has advice members of Rice Millers Association of Nigeria (RIMAN) and other stakeholders in the rice value…
No Going Back On Cashless Policy — CBN
The Central Bank of Nigeria on Friday said it would continue to implement the cashless policy in line with its mandate to ensure an efficient payment system. The CBN Governor,…
CBN Leaves Benchmark Lending Rate Unchanged At 13.5%
ByDayo Adeyemi, Abuja The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 13.5 per cent. The CBN Governor, Mr Godwin…
CBN To Build 7 Diagnostic Centres In 6 Geopolitical Zones, Abuja
The Central Bank of Nigeria (CBN), says it will build diagnostic centres in the six geopolitical zones of the country and Abuja. The CBN Governor, Mr Godwin Emefiele disclosed this…
Godwin Emefiele Commences Second Tenure As CBN Governor
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Monday began his second tenure, following the confirmation of his re-appointment by the Senate on May 16. According…
CBN To collaborate with Kano to Advance agriculture
The Governor of Central Bank Governor of Nigeria, Mr Godwin Emefiele, has said that the organisation will partner with Kano State Government to promote agriculture. Emiefele disclosed this on Monday…
