Emefiele: CBN Working On Non-Interest Development Finance

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the bank is working on a non-interest development finance to increase financial inclusion in the country. The governor said this while delivering the keynote address at the 10th-anniversary conference of Enhancing Financial Innovation and Access (EFInA) in Lagos on Tuesday. Emefiele, who spoke to […]

Emefiele On Exchange Rate Stability

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele has said there was no cause for alarm owing to the recent decline in the country’s external reserves. He, however, stressed that even though there was need to build buffers, “unfortunately I must say that we are in a period where it is difficult to talk […]

CBN To Hold 1st MPC Meeting In April –Emefiele

Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday, gave an indication of delaying the bi-monthly Monetary Policy Committee (MPC) meeting till April after the National Assembly and President Muhammadu Buhari-led executive resolved the issue of nominations for its MPC. Emefiele said the meeting scheduled for March 19-20 would be delayed by about seven […]

CBN Explains Inability To Hold MPC Meeting For January

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has allayed the fears of Nigerians and the international community over the inability to hold the meeting of the Monetary Policy Committee (MPC) for January. A statement signed by Emefiele in Abuja explained  that the meeting, which was earlier scheduled for the Today  and Tuesday, had […]