Godwin Emefiele

House of Representatives has asked the Central Bank of Nigeria (CBN) to discontinue the implementation of the new cash withdrawal policy slated for January 9, 2023 pending compliance with the provisions of the Act establishing the bank.…

New cash withdrawal restrictions have been set by the Central Bank of Nigeria (CBN) and they go into effect on January 9, 2023. Individuals will only be permitted to withdraw N100,000 per week (from ATMs, Point of Sale machines, or…

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has stated that it would work with law enforcement agencies like the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related…

Central Bank of Nigeria, CBN is targeting a stronger digital economy to support the growth of the financial systems. This is even as the digital currency, eNaira, records 190.1 per cent growth in transactions relative to its level…

Prof. Kingsley Moghalu, a former Deputy Governor of the Central Bank of Nigeria (CBN) has commended the apex bank on the proposed redesigning of the Naira. Moghalu, a Nigerian Political Economist who gave the commendation in a…

The Central Bank of Nigeria (CBN) has insisted that it followed the law and proper procedure to carry out the exercise, which has been overdue for 12 years, in response to claims made by the Minister of Finance, Budget, and National…

The Minister of Finance, Budget, and National Planning, Zainab Ahmad, on Friday, rejected the notion two days after the Central Bank of Nigeria (CBN) unveiled plans to redesign the naira, saying that it would have catastrophic effects…

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says about one-third of the world economy is currently in recession due to the damaging effects of COVID-19 pandemic and the ongoing war between Russia and Ukraine.…

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged foreign investors to consider Nigeria and other African countries as choice destination for investment. According to a post on CBN twitter handle,…

Godwin Emefiele, the Governor, Central Bank of Nigeria (CBN) has urged early detection of challenges in banks and quick intervention to avert financial distress of depositors. This is contained in a statement posted on the CBN…

The Senate on Wednesday, July 27, at plenary resolved to invite the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to educate and inform senators in a closed session on the reasons for the rapid depreciation of the…

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday, July 19, increased the Monetary Policy Rate (MPR) to 14 per cent from its initial 13 per cent. Reading a communiqué after the committee’s meeting in…

Central Bank of Nigeria, CBN, is ramping up its public awareness campaign to prevent Nigerians from becoming victims. This is in light of the continuous operation of illegal financial institutions and Ponzi schemes in Nigeria's…

Godwin Emefiele, Governor of the Central Bank of Nigeria, has brushed off the anxiety surrounding his presidential ambition ahead of the 2023 general elections. Emefiele spoke to journalists after meeting President Muhammadu Buhari at…

Governor of the Central Bank of Nigeria, Godwin Emefiele, faces an uncertain future as the Federal Government has on Thursday, May 12, mandated the resignation of the heads of all Ministries, Departments and Agencies (MDAs),…