Godwin Emefiele
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The President, Major General Muhammadu Buhari (retd.), on Tuesday, met with the leadership of the Nigeria Governors Forum and the Governor of the Central Bank of Nigeria, Godwin Emefiele, at the State House, Abuja. The News Agency of Nigeria reports that the president had earlier scheduled to meet with all members of the Governors’ […]
A house of representatives ad hoc committee has rejected the deadline extension for the validity of the old naira notes. The Central Bank of Nigeria (CBN) had earlier fixed January 31 as the deadline for depositing the old N200, N500, and N1000 notes. But on Sunday, Godwin Emefiele, CBN governor, announced that President Muhammadu […]
Following the absence of Senator Uba Sani, the Chairman of the Committee on Banking and Finance, the Senate has postponed its debate on the new Central Bank of Nigeria (CBN) cash withdrawal policy till 14th December 2022. Senator Olubunmi Adetumbi, a member of the Committee in a Point of Order on Tuesday, explained […]
President Muhammadu Buhari says the Central Bank of Nigeria (CBN) has his backing to redesign the naira notes. According to the president, Nigeria has a lot to gain from the change in naira notes. He added that he did not consider three months for the change to the new notes as being short. […]
In Kaduna State the Concerned Northern Forum frowned at the decision of the Central Bank Governor to redesign some of the naira notes, which will take effect from December 15, 2022. It will be recalled that CBN Governor, Godwin Emefiele, announced on Wednesday. The group through its spokesman, Abdulsalam Kazeem, on Wednesday in […]
The Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, on Wednesday announced that 200, 500, & 1000 Naira notes will be redesigned in December 2022. CBN Governor, Godwin Emefiele, who disclosed this during a special press briefing in Abuja, equally advised Nigerians to return the existing old notes to their banks before […]
The Central Bank Governor, Godwin Emefiele has said the United Arab Emirates is threatening a visa ban due to the funds of airlines trapped in Nigeria. Mr Emefiele during an interactive session organized by the Speaker of the House of Representatives, Femi Gbajabiamila, said the CBN released $110 million to the foreign airlines […]
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 […]
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