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CBN Governor, Godwin Emefiele.

Emefiele defends CBN’s forex restriction on imports 

  The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has said that the current foreign exchange restriction policy of the apex bank was not restricting...

Emefiele

What is your take on the CBN cashless policy?

Personally, I believe the new cashless policy by the Central Bank of Nigeria (CBN) is not encouraging and should be reversed. I mean getting a two percent surcharge all...

Emefile-CBN

CBN stops credit payments for milk imports

  The Central Bank of Nigeria (CBN) has told lenders to stop processing milk imports on a credit basis, bankers said on Tuesday, after the bank last month said...

CBN asks importers to trade with yuan instead of dollar 

CBN: We’re implementing forex restriction order on food import

  Contrary to widespread speculations in some quarters that the Central Bank of Nigeria (CBN) is yet to work out modalities and timeline for the implementation of...

Reps committee summons Customs, NNPC, CBN

Reps committee summons Customs, NNPC, CBN

An adhoc committee of the House of Representatives has summoned heads of four government agencies to appear before it on August 19. This followed the ruling of the...

CBN blocks bank accounts of rice, textile smugglers

NECA to CBN: Don’t ban forex for milk importation

The Nigeria Employers’ Consultative Association (NECA), on Thursday, advised the Central Bank of Nigeria (CBN) to suspend the planned foreign exchange restriction for...

CBN asks importers to trade with yuan instead of dollar 

No plan to ban milk importation, says CBN 

The Central Bank of Nigeria (CBN) on Friday said it had not banned the importation of milk into the country, but only restricted foreign exchange allocation for its...

CBN asks importers to trade with yuan instead of dollar 

CBN vows to stop milk importation into Nigeria 

The Governor of the Central Bank of Nigeria, Godwin Emefiele on Tuesday said the bank will restrict foreign exchange for the importation of milk into Nigeria.  Emefiele...

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...