Tag Archives: Mr Godwin Emefiele

Emefiele, Saraki, Ibrahim in Closed Door Meeting! Recession Will End by July, CBN Governor Says

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said that with the current efforts by the Federal Government to revive the country’s economy, the country should be out of recession by the third quarter of this year. Emefiele said this after meeting with the leadership of the Senate in Abuja on…

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CBN Paints Gloomy Picture of Nigeria’s Economy, Says FG Might Be Unable To Pay Salaries

The Nigerian economy might be in much worse shape than we thought. Following a closed door meeting between Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele and the Senate yesterday, a clearer picture of what the future holds in store for the economy was painted and it doesn’t look too good.  Below is a…

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Oshiomhole, CSOs Condemn Calls For Emefiele’s Sack, Says CBN Governorship Should Not Be Politicised

Mr. Adams Oshiomhole    Edo State Governor, Mr. Adams Oshiomhole and a coalition of civil society groups in the country yesterday condemned those calling for the sack of the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, describing them as faceless manipulators of the Nigerian economy who are bent on wasting their…

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CBN Lifts Ban On Foreign Exchange Deposits, Stops Sale Of Forex To Bureaux De Change

 Mr. Godwin Emefiele  The Central Bank of Nigeria (CBN) has lifted the ban on foreign currency deposits into domiciliary accounts. CBN Governor, Mr. Godwin Emefiele in a press conference yesterday, confirmed that customers can now pay foreign currencies in cash into their bank accounts. The CBN also formally announced that it has stopped the sale of…

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There Would Be No Further Devaluation Of The Naira- CBN Gov. Emefiele Affirms

 Mr. Godwin Emefiele  Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has again reiterated that there would be no further devaluation of the Naira, saying such plan was not on the card of the apex bank. According to reports by THEWILL, Emefiele stated this in Abuja while chatting with State House correspondents, saying the…

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Naira Value Depletes To An Upsetting Figure In Comparison With The Dollar

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday bowed to pressure by devaluing the naira from N155 to N168 to the US dollar. CBN Governor, Mr. Godwin Emefiele The MPC tightened the apex bank’s monetary policy by allowing some flexibility in the exchange rate to stem speculative activities and depletion of…

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