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CBN Governor, Godwin Emefiele.

Labour union leader tasks CBN on smuggling, economic sabotage 

The General Secretary of the Nigeria Union of Textile Garment and Tailoring Workers of Nigeria (NUTGWN), Comrade Isa Aremu, has said that the Central Bank of Nigeria...

CBN asks importers to trade with yuan instead of dollar 

CBN: Senate confirms Emefiele for second term

Nigeria’s upper legislative chamber, the Senate has confirmed Godwin Emefiele for a second term as Governor of the Central Bank of Nigeria (CBN). The Senate confirmed...

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CBN disowns Emefiele audio clip, dismisses fraud allegation 

The Central Bank of Nigeria (CBN) has disowned a viral audio clip of its Governor, Godwin Emefiele on alleged financial irregularities and said that no money is missing...

Nigeria loses $325m annually to textile smuggling

CBN threatens to blacklist illegal importers of textile 

The Central Bank of Nigeria (CBN) has threatened to blacklist individuals, banks and companies involved in illegal textile importation into Nigeria.  CBN Governor,...

CBN asks importers to trade with yuan instead of dollar 

CBN slashes interest rate to 13.5 percent — first time in three years 

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has for the first time in over three years adjusted interest rate downwards to 13.5% Addressing...

CBN asks importers to trade with yuan instead of dollar 

CBN cuts interest rate for the first time in three years

After retaining its interest rate at 14 percent for more than three years, the Central Bank of Nigeria (CBN) on Tuesday slashed it by 0.5 percentage point. The reduction...

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CBN tackles LCCI on forex restriction to textile importers

Central Bank of Nigeria Governor, Godwin Emefiele, on Monday said the recent measures announced by the apex bank to revive the Cotton, Garment and Textile sector was...

CBN says Nigeria spends $500m annually on palm oil importation 

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele on Monday said that over $500 million was being spent annually on the importation of palm oil. Emefiele said...

Nigeria loses $325m annually to textile smuggling

Do you support CBN ban on forex sale to textile importers?

This is like putting the cart before the horse. For the Federal government to say they are banning issuance of foreign exchange to textile companies is certainly not the...

CBN bans textile importers from accessing forex

CBN bans textile importers from accessing forex 

The Central Bank of Nigeria (CBN) has barred commercial banks and Bureaux De Change (BDC) operators in the country from selling of foreign exchange for the importation...

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I remain CBN governor till June — Emefiele 

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday said he would remain in charge of the apex bank till the end of his tenure in June. ...

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I remain CBN governor till June — Emefiele

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday said he would remain in charge of the apex bank till the end of his tenure in June....