Emefiele: eNaira has Deepened Nigeria’s Payment System Infrastructure

eNaira

The Governor of the Central of Nigeria, Godwin Emefiele, has said the introduction of the Central Bank Digital Currency, eNaira is one piece of evidence of the fact that Nigeria’s payment system has been deepened under his leadership. The governor made the remarks in his Abuja office when he received officials from the Bank of […]

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 […]

Godwin Emefiele: Foreign Investors Show Interest in Nigeria’s New Creative Center

Godwin - CBN

Foreign investors are already showing interest in Nigeria’s new creative Creative and Entertainment Centre being constructed at the National Arts Theatre in Iganmu, Lagos, said Godwin Emefiele, Governor of CBN. The ongoing construction of the Lagos Creative and Entertainment Centre, at the National Arts Theatre in Iganmu, is expected to be completed and commissioned by […]

Godwin Emefiele: “My focus is on robust monetary policy”

Godwin Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, reiterated that he was currently focused on achieving a robust monetary policy and fighting inflation, which he stressed remained a global problem. Emefiele stated this via his verified Twitter handle, @GodwinIEmefiele, on the same day he revealed that the federal government had disbursed a total […]

Godwin Emefiele: “Agriculture is the Backbone of Nigeria’s Economy” | ARISE News

Godwin Emefiele - ARISE

Governor of CBN, Godwin Emefiele, stated that agriculture remains a strong pillar and the backbone of Nigeria’s economy. Emefiele said this while addressing journalists during an inspection tour of a palm plantation at Odighi Village in Ovia North East Local Government Area of Edo State. Shortly after the assessment of the farm, Emefiele attested to […]

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 […]

Godwin Emefiele: The Race To $200 Billion in FX Repatriation into Nigeria

Godwin Emefiele: The Race To $200 Billion in FX Repatriation into Nigeria

Governor of the Central Bank of Nigeria, Godwin Emefiele, announced the introduction of the bank’s RT200 FX program to boost the country’s foreign exchange inflow through non-oil exports. The RT200 FX policy stands for the ‘Race To $200billion in FX Repatriation into Nigeria’. “The era is coming to an end when, because your customers need […]