Godwin Emefiele

    The Central Bank of Nigeria has raised the interest rate to 13.5 per cent. CBN Governor, Godwin Emefiele, announced this on Tuesday while addressing the reporters after the Monetary Policy Committee meeting in Abuja. Justifying the raise, Emefiele said the MPC is suspicious “there might be an aggressive accretion of inflation”. To prevent […]

  A former  Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, and a professor of Political Economy, Pat Utomi,  have faulted the CBN Governor, Godwin Emefiele’s justification of printing money to support government. Mailafia and Utomi, in separate interviews on Sunday, stated that there was no basis for comparing what Nigeria did […]

  Specifically, the CBN governor, Mr. Godwin Emefiele, who visited the Project at Ibeju Lekki, Lagos, weekend, said: “We have taken the decision to sell the crude to the Refinery in Naira because we want to impact the economy. “We also hope that by the time the Refinery start to refine, and sell its petroleum […]

  Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele is expected to appear before the House of Representatives’ Public Accounts Committee to render the bank’s audited accounts this Thursday. Chairman of the Committee, Wole Oke, said they would be expected to render accounts from 2014 to 2019. Oke said they had written to […]


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