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 […]

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 […]

Emefiele Urges Prioritizing Investment in Infrastructure to Boost the Economy

Godwin Emefiele

The Central Bank of Nigeria has urged the Federal Government to prioritize investment in infrastructure to improve the country’s business environment and boost economic growth. Mr. Godwin Emefiele, the CBN Governor, made the call Tuesday night in Abuja while reading the communique on the 282nd Monetary Policy Committee (MPC) meeting of the apex bank. Emefiele […]