Godwin Emefiele: CBN will Achieve 85% Financial Inclusion Soon

Godwin Emefiele - Vanguard

As reported by ‘Vanguard’, Godwin Emefiele, the Governor of the Central Bank of Nigeria, has recently expressed optimism that the apex bank would soon achieve the 85 percent financial inclusion rate target in Nigeria. According to him, the nation’s current rate is slightly below 70 percent. The statement was made by Emefiele at the headquarters […]

CBN Holds 2nd MPC Meeting of 2022

Godwin Emefiele - MPC Meeting

The Central Bank of Nigeria Monetary Policy Committee has retained its monetary policy rate at 11.5 percent, According to the CBN Governor, Godwin Emefiele, tightening rates would have little effect in taming inflationary pressure. Watch the Full Meeting Video from CNBC Africa Youtube Channel

President Muhammadu Buhari Inaugurates CBN Lafia Branch

President Muhammadu Buhari recently inaugurated the Central Bank of Nigeria’s (CBN) new branch office in Lafia, Nasarawa State, as part of the continuing efforts to bring the apex bank closer to the people. The CBN Governor, Godwin Emefiele, said the move would also help to actualize Buhari’s vision of delivering on agricultural transformation to Nigerians, […]

CBN’s Policy will Drive-Up Diaspora Remittances in 2022

Diaspora remittances into Nigeria are set to surpass Foreign Direct Investments (FDI) for the second year in a row, given some of the favorable policies initiated by the Central Bank of Nigeria, led by Governor Godwin Emefiele, alongside technological innovations, WorldRemit, a cross-border digital payment service provider, has said. Diaspora remittances into the country had […]

CBN: Nigerian Economy is Steadily Recovering from the COVID Crisis

Godwin Emefiele- Nigerian Economy

The Central Bank of Nigeria (CBN), stated that Nigeria’s economy is on a recovery path, but the growth is still fragile. Consequently, while commending the banks for supporting the recovery efforts, the CBN Governor, Godwin Emefiele, pleaded with them to initiate measures that would boost the recovery drive through credit to productive sectors.  Emefiele who […]

CBN Pledges to Support Youth Empowerment

CBN pledges more support for youth empowerment

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has pledged to award more support for youth empowerment, through sports and other various intervention programs. “Let me also use the opportunity of this tournament to urge our teeming youths to embrace various intervention programs of the bank to better their lots, and contribute to […]

Vanguard: CBN Saved the Economy from COVID-19 Crisis

Godwin Emefiele - Vanguard

In a recent article, published on vanguardngr.com, it was described how the actions taken by the Central Bank of Nigeria, led by Godwin Emefiele, helped save the Nigerian economy from the COVID-19 crisis.  The article talks about the response to the COVID-19 crisis. CBN introduced and implemented a suite of measures aimed at reducing the […]

CBN, Led by Godwin Emefiele, is Making Tremendous Strides Towards Food Security

Godwin - CBN

According to a recently published article, the Central Bank of Nigeria (CBN), led by Godwin Emefiele, had been instrumental in achieving the food security mandate of the federal government. CBN in its developmental role had launched several important initiatives aimed at repositioning agriculture, which had before now been relegated to the background by previous administrations. […]

Muhammadu Buhari Congratulates Godwin Emefiele on his 60th Birthday

Muhammadu Buhari Congratulates Godwin Emefiele

Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), celebrated his 60th birthday on August 4 with President Muhammadu Buhari In a congratulatory letter released on Tuesday in Abuja by his spokesman, Mr. Femi Adesina, the President thanked Governor Emefiele for his patriotic service to the country during a period of severe economic […]

Godwin Emefiele: CBN’s Intervention Funds Not National Cake

Godwin Emefiele - CBN

Central Bank of Nigeria Governor, Mr. Godwin Emefiele, was interviewed at the end of the Monetary Policy Committee meeting yesterday Emefiele spoke about recent initiatives by the banking sector regulator.  One of the questions he was asked was: “With the ban on forex sales to BDCs, don’t you think there would be pressure on the […]