GODWIN EMEGIELE Archives

Intervention Funds Meant to Boost Economic Growth –Emefiele

November 10, 2017 0

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, says the regulator’s intervention funds initiatives are meant to stabilise the economy and preserve ailing sectors from collapsing. He said the interventions funds programmes were also important just as its statutory roles of stabilising the macro-economic environment, protecting the country’s legal tender and achieving price stability. The governor spoke …

CBN to unveil N30bn agric/SME fund in January

December 12, 2016 0

CBN to unveil N30bn agric/SME fund in January The Central Bank of Nigeria has said it will, together with the Deposit Money Banks, set up a new fund to boost agriculture and the Small and Medium-sized Enterprises in the country, targeting at least N30bn for the first year. The Governor, CBN, Mr. Godwin Emefiele, disclosed this on Saturday at a …

CBN assures that Nigerian Banks are Liquid … to Sanction Customers Withdrawing Above $50,000 Annually

October 12, 2016 0

CBN assures that Nigerian Banks are Liquid … to Sanction Customers Withdrawing Above $50,000 Annually From FRIDAY EKEOBA Piqued by some international financial reports, that seven banks in the domestic economy are undercapitalised, the Central Bank of Nigeria (CBN) has assured both local and international investors that all banks in the country are solvent to carry out banking operations. The …