Godwin Emefiele Still CBN Governor

A report making the rounds on Monday 4th March that the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has been sacked has been reportedly debunked by the Federal Government of Nigeria. Nigerian online news website, The Cable reports that sources in the presidency on Monday evening, said Emefiele still remains the […]

FG Will Source Forex From Dangote–- CBN Governor

The completion of Dangote’s refinery, petrochemicals and fertiliser projects will make the Federal Government to start sourcing foreign exchange from the billionaire businessman, Central Bank Governor, Godwin Emefiele, has said. Emefiele said this after more than four hours of touring the ongoing projects sites in the Ibeju-Lekki area of Lagos over the weekend. He had […]

CBN Withdraws Skye Bank’s Licence

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has announced the withdrawal of the operating license of Skye Bank. Emefiele, who announced the decision today, in Lagos said depositors’ funds remain safe. Polaris Bank has been established to assume ownership of the assets and liabilities of the Bank. The Nigeria Deposit Insurance […]

Emefiele, Elumelu, IMF Chief, Others For FMDA Conference

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele; Chairman, UBA, Heirs Holdings and Transcorp, Mr. Tony Elumelu and International Monetary Fund (IMF) Country Chief, Mr. Amine Mati  are among the dignitaries who have confirmed their attendance at  the 2018 Financial Markets Conference of the Financial Markets Dealers Association (FMDA). The event scheduled to […]

Emefiele emerges Chairman of International Islamic Liquidity Management Corporation

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has been elected as the Chairman of the International Islamic Liquidity Management Corporation. A statement signed by the Acting Director, Corporate Communications, CBN, Mr. Isaac Okorafor on Friday, said Emefiele was elected on Thursday in Jakarta, Indonesia. As a result of the appointment, Emefiele […]

Emefiele Identifies bottlenecks to Mortgage financing

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has identified various bottlenecks hindering genuine investors and by extension free flow of funds into the mortgage sector. The central bank governor while delivering a keynote address at a workshop for judicial officers on mortgage, with the theme: ‘Mortgage Disputes in Nigeria: The Need for […]

We should be out of recession by third quarter, says Emefiele

The governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said that, the country should be out of recession by the third quarter of 2017. Addressing the press after a meeting with the leadership of the senate in Abuja, Emefiele said the federal government had done a lot to revive the economy, He promised […]