Godwin Emefiele
26 Mar 2021
Despite a severe shortage of foreign exchange (forex), overseas education continues to drain the country’s resources, as Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, admitted $80 million weekly disbursements for personal travel allowances or payment of overseas school fees. The amount, which translates to $960 million yearly, is disbursed to banks to enable Nigerians to meet their forex responsibilities.
This is after a recent report indicated that Nigerians spend £30 million (about N20 billion) yearly paying tuition in the United Kingdom alone while the country’s education system grapples with challenges of underfunding, poor remuneration, and obsolete teaching facilities.
15 Dec 2019
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele says corporate bodies in the country should take advantage of the Presidential Order 7 to raise infrastructure bonds at concessionary rates. Nnamdi Nwizu, Co-Managing Partner at Comercio Partners joins CNBC Africa for a focus on Nigeria’s money market.
21 Aug 2019
What Emefiele said about Buhari's forex ban on food imports
27 Jun 2019
Governor of the Central Bank of Nigeria, Godwin Emefiele says the apex bank plans to pursue a program of recapitalising the banking industry in the next five years. He made this known while unveiling his 5-year policy direction for his second term in office. Andrew Nevin, Partner and Chief Economist at PwC Nigeria joins CNBC Africa to assess the CBN’s 5-year plan.
25 Jun 2019
Governor of the Central Bank of Nigeria, Godwin Emefiele will unveil his 5-year plan for his second term in office later today. Egie Akpata, Director General of Union Capital Markets joins CNBC Africa for the outlook of Nigeria’s capital market this week.
11 Jun 2019
Godwin Emefiele seeks stronger efforts against global shocks.
17 May 2019
APC Reps caucus distance self from Rep Gudaji Kazaure, endorse reappointment of Emefiele.
16 May 2019
A member of the House of Representatives, Hon. Gudaji Kazaure has called on President Muhammadu Buhari to reverse the recently announced reappointment of Mr. Godwin Emefiele for a second term as Governor, Central Bank of Nigeria (CBN).
3 Feb 2019
Governor of the Central Bank of Nigeria, Godwin Emefiele says allowing the naira to float freely would have caused a currency crisis and capital flight. He made the remark in response to a question about the bank’s currency restriction imposed in 2015.
26 Jul 2018
Although Nigeria's Central Bank Governor, Godwin Emefiele, announced that the country's baseline rate would be maintained at 14 per cent, he stated plans to implement initiatives that could reduce the cost of funds to key sectors of the country's economy.
22 Jul 2018
Nigerians such as the Central Bank governor, Godwin Emefiele (Distinguished Financial Policy Strategist of the Year), Governor Ibrahim Dankwambo of Gombe State (Most Outstanding Governor of the Year),Governor, Ibrahim Gaidam of Yobe State (Distinguished Education Champion award),Governor Simon Lalong of Plateau State (Distinguished Human Capital Development Champion), Transport Minister Rotimi Amaechi ( Most Distinguished Achiever in Transport Infrastructure).
8 May 2017
Governor of the Central Bank of Nigeria Godwin Emefiele has revealed that President Muhammadu Buhari is satisfied with the stability in the foreign exchange market, following the sustained intervention by the Apex bank.
Latest
57 mins ago
German airline Lufthansa has said it is canceling over 2,000 additional flights at its Frankfurt and Munich hubs due to staff shortages. Its low-cost subsidiary, Eurowings, is also expected to cancel flights.
57 mins ago
On November 17, 2018, French men and women gathered for the first time on the capital’s iconic Champs-Élysées and on hundreds of roundabouts throughout France to protest against the high cost of living. They were easily recognisable by their yellow high-visibility vests. The months-long demonstrations against the government of President Emmanuel Macron turned violent and were met with a fierce crackdown by security forces. Almost four years later, those who participated in the movement tell FRANCE 24’s reporters how the struggle has changed their lives.
2 hours ago
The man behind the attack that shook a small Norwegian town has been sentenced to mental health care. The prosecution and defense both argued he was not capable of criminal responsibility.
2 hours ago
Bottom trawling is often singled out by scientists and activists as one of the world's most destructive fishing techniques. It's prevalent in European waters. Nothing escapes the vast nets: fish, crustaceans, but also coral reefs and seagrass beds. Wherever trawlers go, the ocean floor turns into a desert. In this edition of Down to Earth we head to Spain, where bottom trawling is rife, even in marine protected areas.
2 hours ago
June is Pride Month, a celebration of the world's LGBTQ populations which also serves to continue the fight for equality and justice for the community. Activist Anna Sharyhina joined us on Perspective for a conversation about LGBTQ rights in Ukraine before and since the Russian invasion. Originally from Kharkiv, she co-founded the Ukrainian NGO "Sphere", which works to provide a safe space for the country's queer community and organised Kharkiv's first Pride parade in 2019.
