Ngozi Okonjo-Iweala, director of the World Trade Organisation (WTO), says the European Union is unhappy and dissatisfied with Nigeria’s move to restrict Importation of milk and dairy products. As gathered by EKO HOT BLOG, The former finance minister disclosed this on Tuesday in Abuja when he met with Godwin Emefiele, the governor of the Central … Read more
Governor, Central Bank of Nigeria (CBN), Godwin Emefiele says the bank has invested the sum of N85.89 billion in its Health Sector Intervention Facility (HSIF). He made this known in Abuja on Tuesday while disbursing the sum of N253.54 million to five researchers for the development of Nigerian COVID-19 vaccines and vaccines for other diseases. … Read more
The CBN had prohibited dealing and facilitating payments in cryptocurrencies The CBN Governor, Godwin Emefiele has arrived at the National Assembly to honour the request by the Senate Joint Committee on Banking Insurance and other financial institutions, (including ICT and cybercrime) to brief on the opportunities and threats of cryptocurrency on the nation’s economy. The … Read more
The Nigeria Union of Pensioners (NUP) has disapproved government’s plan to borrow from the pension fund, saying that the government has no rights to tamper with the money. On Friday, the Nigeria Governors’ Forum endorsed two proposals to borrow a total of N17tn from two sources for infrastructural development. The governors took the decision after … Read more
NOVEMBER 6, 2020 The Apex Bank also disclosed that it is ready to contribute over ₦1.8 trillion of the total sum of ₦2.30 trillion needed for the Federal Government’s one-year Economic Sustainability Plan (ESP). The Central Bank of Nigeria (CBN), says it has so far made a total of ₦3.5trillion disbursements to cushion the effect … Read more
….Commends Dangote Group, Others The Governor, Central Bank of Nigeria, Godwin Emefiele, has advised corporate bodies in the country to take advantage of the Presidential Order 7 to raise infrastructure bonds at concessionary rates to support the Federal Government in its desire to develop infrastructure in Nigeria. Emefiele gave the charge on Saturday during an … Read more
Mr Godwin Emefiele the Governor of the Central Bank of Nigeria has said that the rise in inflation is temporary and will go down aggressively in another three to four months. Recall the National Bureau of Statistics (NBS), showed inflation figures at a 17-month high, rise to 11.61% in October. READ ALSO: Nigeria’s Inflation Rate … Read more
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has supported the recent closure of Nigerian boarders. Emefiele noted that if the boarders remained closed for another two years the security challenges the nation is facing would be a thing of the past. Emefiele disclosed this at the first Convocation Lecture of Edo University, … Read more
Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN, has begun his second tenure, following the confirmation of his re-appointment by the Senate on May 16. According to a statement by the Director Corporate Communications, Mr Isaac Okoroafor, Emefiele was sworn in by the Bank’s Secretary and Director, Corporate Secretariat Department, Mrs Alice Karau. … Read more