Central Bank of Nigeria (CBN) Governor Godwin Emefiele has warned that the Peoples Democratic Party (PDP) presidential candidate’s suggestion that the exchange rate should be free float is a recipe for disaster. The CBN governor said: “The MPC reviewed it and concluded that it would be wrong. It is as good as saying that we […] …
Emefiele
Refinery: FG’ll source forex from Dangote —Emefiele
Forex restriction on 41 items lifting eonomy, says Emefiele
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said its policy restricting foreign exchange access on 41 items that can be produced locally has lifted the economy. Speaking in Lagos at the 53rd annual Bankers dinner held in Lagos, he said CBN’s policy restricting forex access to 41 items has helped to moveRead More …
Forex: Defaulters of 41 items will be banned from banking industry — Emefiele
Governor, Central Bank of Nigeria, CBN, yesterday said that individuals and organisations found circumventing the foreign exchange restriction placed on the 41 items will be banned from operating bank accounts in the country.
Continue reading Forex: Defaulters of 41 items will be banned from banking industry — Emefiele at Vanguard News Nigeria. …
JUST IN: You’ll lick your wounds again, Emefiele tells currency speculators
Emefiele: Nigeria gets over 30% of remittances to Africa
Nigeria’s foreign reserves fall by $2.2bn in Oct — biggest monthly drop since 2015
Defending the naira has gotten more expensive as Nigeria’s foreign reserves declined by $2.2 billion in October 2018 alone — the largest monthly drop since 2015. Data from the Central The post Nigeria’s foreign reserves fall by $2.2bn in Oct — biggest monthly drop since 2015 appeared first on TheCable.
Why reserves are falling – Emefiele
Ahmed, Emefiele join economic experts at IMF/WBank meeting
The Minister of Finance, Mrs Zainab Ahmed and the Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, will join other economic experts from around the world to discuss issues affecting the global economy.
Continue reading Ahmed, Emefiele join economic experts at IMF/WBank meeting at Vanguard News. …
FG sells 12.4bn shares in NSPMC to CBN, BPE
Emefiele said NSPMC is an asset with the capacity to produce currency for not just Nigeria but also for the West African sub-region Juliana Taiwo-Obalonye, Abuja The Federal Government yesterday sold 21 percent of its stake in the Nigeria Security Printing and Minting Company (NSPMC), amounting to 12.4 billion shares to the Central Bank of […]
The post FG sells 12.4bn shares in NSPMC to CBN, BPE appeared first on The Sun News. …