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Godwin-Emefiele-CBN.

CBN’s trade monitoring system and Nigeria’s non-oil exports

The Central Bank of Nigeria (CBN) recently announced that it would launch a Trade Monitoring System (TRMS) in October. TRMS is an automated system that will reduce the...

Buhari: Why Nigeria, other developing countries are no longer powerful in OPEC

Buhari asks CBN to blacklist palm oil importers 

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into...

Stakeholders differ on Buhari's rejection of maritime varsity bill

Buhari directs CBN to blacklist firms importing banned items

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to blacklist any firm, its owner and top management caught smuggling or dumping any of the...

CBN blocks bank accounts of rice, textile smugglers

CBN blocks bank accounts of rice, textile smugglers

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, said the bank has identified smuggling and dumping as major challenges sabotaging Nigeria’s economic...

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CBN holds interest rate at 13.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) says it has agreed to keep the Monetary Policy Rate (MPR), which measures interest rate at 13.5%....

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...

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