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Emefiele

Do you support the re-appointment of Godwin Emefiele as Central Bank of Nigeria Governor?

I commend his re-appointment having been a core banking and finance person appointed in recent years to head the apex bank. He deserves a re-appointment in that he has...

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Yuan currency swap not for substandard imports – CBN

  The Central Bank of Nigeria (CBN) has said the currency swap agreement reached with the People’s Bank of China (PBoC), will not cover the importation of...

Emefile-CBN

CBN keeps interest rate at 14%

The Central Bank of Nigeria (CBN) has kept its main interest rate at 14 percent on Tuesday, Godwin Emefiele its governor said, marking two years at the record high...

Godwin-Emefieli-CBN-Governor

CBN keeps interest rate at 14%

The Central Bank of Nigeria (CBN) on Tuesday kept its main interest rate at 14 percent, prompting some economists to question whether rate cuts will ever materialise in...

Godwin-Emefieli-CBN-Governor

CBN, NEXIM okays N500bn for manufacturers, others

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele on Monday said the apex bank and the Nigeria Export-Import Bank (NEXIM), will provide N500 billion for local...

CBN Governor, Godwin Emefiele.

CBN targets $50bn in foreign reserves

The Central Bank of Nigeria (CBN) on Monday revealed that Nigeria’s foreign reserves hit $47.37 billion as at April 5, rising from about $46.2 billion realised at the...

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CBN retains main interest rate at 14%

The Central Bank of Nigeria (CBN) kept its main interest rate at 14 percent on Wednesday, its governor Godwin Emefiele said, after the first Monetary Policy Rate (MPR)...

Inflation Market Lagos

Inflation rate drops to 15.90 percent in November- NBS

Annual inflation in Nigeria slowed for the tenth month in a row in November, easing to 15.90 percent, the National Bureau of Statistics (NBS) said on Monday in a report....

Inflation rate dips 0.09% in July – NBS

Nigerian inflation still high, but slows for eighth month in row

Annual inflation in Nigeria slowed for an eighth month in September, easing to 15.98 percent, the National Bureau of Statistics (NBS) said on Tuesday. The rate of annual...

CBN

Nigeria FX buffer at near 3-month high of $30.8 bln by July 27 -CBN

Nigeria’s foreign exchange reserves had risen to an almost three-month high of $30.74 billion by July 27, latest Central Bank of Nigeria (CBN) data showed on...

CBN Governor, Godwin Emefiele.

CBN MPC holds key rates for 12 months consecutively

The monetary policy committee of the Central Bank of Nigeria (CBN) retain MPR at 14 percent and all other parameters at their current levels. Governor of the CBN, Godwin...

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Godwin Emefiele: 41 items review still on my table, but why should we import toothpick, rice?

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the issue about the review of 41 items not eligible for foreign exchange is still on his table but...

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