CBN to Boost Cocoa, Sesame Exports with N21bn Disbursement | Punch NG

Godwin - Cocoa Exports

The Central Bank of Nigeria (CBN) has disbursed N21bn in order to boost the production and export of cocoa and sesame seeds. Godwin Emefiele, the Governor of CBN, disclosed this at the last Monetary Policy Committee while reviewing the performance of the intervention schemes targeted at stimulating productivity in agriculture, manufacturing, industries, energy, infrastructure, healthcare, […]

The 3rd MPC Meeting of 2022 – Godwin Emefiele’s Full Speech

Godwin Emefiele -MPC Meeting

Governor of the apex bank, Godwin Emefiele, at the end of the two-day MPC meeting, the 3rd MPC meeting of 2022, stressed that the move to increase CBN’s interest rate is in response to the global inflationary pressures. Watch the full speech in the following video by CNBC Africa.

The Central Bank has Disbursed N1tn in Loans to Farmers

CBN - Loans to Farmers

As published by ‘Punch NG’ the Central Bank of Nigeria, led by Governor Godwin Emefiele, has disbursed a total of N1.01tn under the Anchor Borrowers Programme, by the end of April. Figures obtained from the CBN’s reports from members of its Monetary Policy Committee said, “Between January and February 2022, the bank disbursed N29.67bn under […]

CBN Pledges Support for CIBN, Inaugurates Bankers’ House

Godwin - CBN

The Central Bank of Nigeria, led by Governor Godwin Emefiele, has pledged support to the Lagos State chapter of the Chartered Institute of Bankers of Nigeria (CIBN). The CBN Lagos Branch Controller, Mr. Bariboloka Kayor, made this statement in Lagos during the ground-breaking ceremony of the CIBN multi-level Lagos Bankers House. Kayor thanked the branch […]

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 […]

Emefiele: The Apex Bank is Committed to Reducing Nigeria’s Demand for Forex

Godwin Emefiele - CBN - Forex

Godwin Emefiele, Governor of the Central Bank of Nigeria, has stated that the apex bank is focused on reducing Nigeria’s demand for foreign exchange to grow the economy. Emefiele, while acknowledging the roles of the IMF and World Bank in advising economies around the world, Nigeria inclusive, stressed that the nation would never adopt the […]

Godwin Emefiele Orders Release Of N3.5bn Rebate To Exporters

Godwin Emefiele - The Guardian

Governor of the Central Bank of Nigeria, Godwin Emefiele, has ordered the release of an N3.5 billion rebate to exporters who have brought foreign exchange into the economy. The Managing Director of Fidelity Bank, Nneka Onyeali-Ikpe, made this disclosure at a virtual briefing at the end of the Bankers’ Committee meeting. “The CBN Governor has […]

Experts Praise CBN’s Effort at Defending Naira

Godwin Emefiele - CBN

Analysts have lauded efforts by the Central Bank of Nigeria, led by Governor Godwin Emefiele, at stabilizing the nation’s economy and defending the naira. In separate interviews with Voice of Nigeria, the analysts lauded the Apex Bank for its commitments toward fulfilling its mandate of maintaining Nigeria’s external reserves to safeguard the international value of […]

CBN has Disbursed N1.3 Trillion to Support Power Supply in Five Years

Godwin Emefiele

The Central Bank of Nigeria, led by Governor Godwin Emefiele, has disbursed over N1.3 trillion to support the provision of power to Nigerians in the last five years. Emefiele stated the remark at a news conference following a meeting of the Bankers Committee in Abuja. “The CBN has always been there to support the power […]

Godwin Emefiele Moves to Get More Women Into Banks’ Top Management

Godwin Emefiele - Vanguard

As published by ‘Vanguard’, the Central Bank of Nigeria, CBN, recently issued gender-mandated regulations to pave the way for more women at the top management levels in the Nigerian banking industry. The governor of CBN, Godwin Emefiele, disclosed this while addressing participants at a webinar hosted by the Deputy Governor in charge of the Financial […]