Tag: Godwin Emefiele
CBN governor warns of imminent recession
The governor of Central Bank of Nigeria (CBN), Mr. Godwin
Emefiele, has expressed fears that Nigeria may slide into another recession if
measures are not taken...
Emefiele confirmed CBN governor for another 5-year term
The senate has confirmed Mr. Godwin Emefiele as governor of
the Central Bank of Nigeria (CBN) for a second term of five years.
The confirmation followed...
Buhari re-nominates Emefiele as CBN governor for another 5-year tenure
President Muhammadu Buhari has re-nominated the governor of
the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele for another term of five
years.
A letter to the...
CBN disagrees with governors on recession alarm
The Central Bank of Nigeria (CBN) has faulted the alarm
raised by governors that the economy may relapse into recession by the middle
of next year.
It...
Fuel subsidy stays for now —minister
The minister
of finance, Mrs. Zainab Ahmed has said there is no plan by the federal
government to remove fuel subsidy in the immediate future.
Ahmed who
stated...
CBN slashes monetary policy rate from 14 to 13.5 per cent
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate from 14 per cent to 13.5 per...
Palm oil importation gulps $500m annually CBN
Ime Akpan
The governor of the Central Bank of Nigeria (CBN), Mr. Godwin
Emefiele has extended the bank’s intervention to the oil palm value chain...
Banks’ non-performing loans hit N8.17tn in 2018
The banking sector recorded a total amount of N8.17tn as
non-performing loans in the 2018 fiscal period.
The figure is contained in the banking sector report...
Fidelity Bank MD commends CBN’s monetary policy during recession
The managing director and chief executive officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, has attributed Nigeria’s exit from recession to the Central Bank...
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