The case ‘for and against’ floating the naira
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.
Expert reacts as Nigeria MPC retains lending rate at 14%
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.
Shehu Sani, Emefiele, Dankwambo, Amaechi, others bag Blueprint awards
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).
CBN insists ban on 41 items not lifted
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.
Nigeria economic outlook
Nigeria's central bank on Tuesday sold 25 million US dollars at the newly introduced FX window for investors & exporters. Meanwhile, Godwin Emefiele says the present economic recession in the country would be over by the third quarter.
S&P speaks on Nigeria's downgrade status
Standard and Poor's global ratings downgraded Nigeria further into junk status, citing a marked contraction in oil production, a restrictive foreign exchange policy and delayed fiscal stimulus.