CBN Governor

Two unions in financial institutions on Wednesday advised the Central Bank of Nigeria (CBN) to carry out the planned recapitalisation in a manner that would not force the banks to go out of business. The two unions are the Association of…

Dr. Samuel Nzekwe, a former President, Association of National Accountant of Nigeria (ANAN), has commended the Central Bank of Nigeria (CBN) for its plan to increase the minimum capital base of banks. Nzekwe gave the commendation on…

The Central Bank of Nigeria (CBN), says it will continue to operate a managed float exchange rate regime to reduce the impact of continuous volatility in the exchange rate on the economy. The CBN Governor, Mr Godwin Emefiele said this…

An FCT High Court in Kubwa has fixed Sept. 23, to rule on a motion seeking Unity Bank to join Godwin Emefiele, CBN Governor in contempt proceedings against him by a businessman, Godwin Emmanuel. Justice Bello Kawu fixed the date…

EMEKA OKOROANYAWU The Central Bank of Nigeria, CBN Governor, Godwin Emefiele has labeled claims by many accusing the CBN of operating multiple Foreign Exchange, Forex rates as wrong. Rather, he explained that the apex bank only operates…

The National Palm Produce Association of Nigeria (NPPAN) says the country will benefit a lot from Crude Palm oil (CPO) as a leading foreign exchange earner with its price now 500 dollars per tonne against 426 dollars of crude oil. The…

The Central Bank of Nigeria (CBN) has assured investors and the international community that the country having gone through a successful election, was ready for investments. The CBN Governor, Mr. Godwin Emefiele, on Friday night in…

An FCT High Court Kubwa, on Wednesday,  granted an application seeking substituted service on CBN Governor, Godwin  Emefiele, who is charged with alleged contempt in a case filed against him by one Godwin Emmanuel. Justice Bello Kawu,…

The Central Bank of Nigeria (CBN), says it will issue loans at five per cent and with no collateral to Small and Medium Enterprises (SMEs) through the NIRSAL Micro Finance Bank (MFB). The CBN Governor, Mr Godwin Emefiele, said this at…