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 […]

Central Bank of Nigeria Commended for Interventions in the Manufacturing Sector

Godwin Emefiele - Manufacturing Sector

Operators in the Nigerian manufacturing sector and financial experts commend the Central Bank of Nigeria (CBN), led by Governor Godwin Emefiele, for interventions in the sector and asked for improved access to infrastructure and foreign exchange to make the interventions more effective. The interventions also included the N50 billion revival fund for the textile industry […]

Vanguard: CBN’s Interventions in Agriculture Saved Nigerian Economy

Godwin Emefiele - Vanguard

Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has stated that the institution’s interventions in the agricultural sector saved the Nigerian economy and gave a boost to productivity in the last six years. Emefiele expressed delight that the bank has assumed an important and pivotal role since 2015 upon the pronouncement by President […]

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, […]

Nigerian Economy Improved in December due to Increased Business Activities

Godwin Emefiele - Nigerian Economy

Economic recovery in Nigeria has improved during December due to increased business activities, according to the Central Bank of Nigeria (CBN), led by Governor Godwin Emefiele. CBN disclosed this in a report on its last Monetary Policy Committee meeting on the Purchasers Managers Index. “Staff projections showed that the economy is expected to remain on […]