Tag "Godwin Emefiele"

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FG Spent $1.68bn On Food Imports In 9 Months – CBN

By Mariam Sanni The Federal Government spent $1.68bn on food importation from January to September 2021. The Central Bank of Nigeria disclosed this in a report on sectoral utilisation of foreign exchange for the third quarter of 2021. According to

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CBN Disbursed N370bn Credit Facility To Households, SME

BY MARIAM SANNI, ABUJA Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that the bank has disbursed N370 billion under its Targeted Credit Facility. He disclosed this during the 2021 annual Bankers’ Committee retreat which was held in

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CBN: Godwin Emefiele As Nigeria’s Nostradamus

By Philip Agbese Not every Nigerian is gifted with the capacity to appreciate developments in their milieu. But certainly, there is tremendous improvements in the country’s domestic food production fortunes in the last few years, evident in the data of

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Emefiele Calls For More Investment in Infrastructure To Boost Economy

By Mariam Sanni, Abuja The Central Bank of Nigeria (CBN) has urged the Federal Government to prioritize investment in infrastructure to improve the country’s business environment and boost economic growth. Mr Godwin Emefiele, the CBN Governor made the call in

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FBN Tousle: Emefiele To Intervene On Individual Ownership

By Dickson Pat The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that First Bank of Nigeria is too big for any individual to claim ownership of the country’s oldest bank. The apex bank boss further said

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CBN Mints N500m eNaira, Issues N200m To Banks- Emefiele

By Mariam Sanni, Abuja The Central Bank of Nigeria CBN, Governor, Godwin Emefiele has disclosed that the apex bank has minted N500 million, N200 million has been issued to financial institutions, while over 2,000 customers have been onboarded. The apex bank

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President Buhari To Unveil eNaira On Monday

By Mariam Sanni, Abuja President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at the State House, Abuja.  In a statement the Director, Corporate Communications, Osita

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CBN Sets To Roll Out e-Naira

The director of Information Technology, Central Bank of Nigeria (CBN), Rukiya Mohammed, on Wednesday said the apex bank has concluded plans to launch the Central Bank Digital Currency (CBDC) on October 1. The News Agency of Nigeria (NAN) reports that

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Group Commends Emefiele’s Laudable Economic Policies

…Says Nigeria is in safe hands economically By Mariam Sanni, Abuja The Coalition of Civil Society Groups has commended the Governor of Central Bank Of Nigeria, (CBN), Godwin Emefiele over laudable and impactful policies of his management team since inception

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CBN Releases N756bn To Over 3m Farmers to Boost Food Security

By Mariam Sanni, Abuja The Central Bank of Nigeria (CBN), says it has released the sum of N756.51 billion to 3,734,938 small holder farmers, cultivating 4.6 million hectares of land, to boost the Federal Government’s food security initiative. Mr Godwin

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