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We’ll be prudent in managing our loans – Adeosun

The Minister of Finance, Mrs. Kemi Adeosun has said yesterday that the Federal Government would be prudent in the management of the country’s foreign borrowings. Adeosun who spoke in Washington D.C. at a Joint Media Briefing with the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, at the end of the 2017 Annual […]

Emefiele: CBN Will Not Rest Until Nigeria Achieves Sustainable Growth | Trending News in Africa

MONDAY INTERVIEW Central Bank of Nigeria Governor, Mr. Godwin Emefiele has assured Nigerians that the central bank will continue to implement policies that would help the economy attain sustainable growth. Emefiele, who said this while receiving the Forbes’ 2017 ‘Best of Africa Achievement’ award in Washington D.C., also urged global investors to come and invest […]

CBN Pumps $306 Million into Forex Market

By Obinna ChimaPlayers in the retail segment of the Nigerian interbank foreign exchange (forex) market received a $306.3 million boost from the Central Bank of Nigeria (CBN) on Friday, following bids received from forex dealers by the Bank.This is just as the naira appreciated by 21 kobo week-on-week to close at N360.43 kobo on the NAFEX.The central bank on Friday indicated […]

We must borrow more to deliver infrastructure —Adeosun – Punch Newspapers

Oyetunji Abioye, Washington DC The Minister of Finance, Mrs. Kemi Adeosun, on Sunday, said the nation must borrow more in the short term to deliver critical infrastructural projects such as roads, rail and power. According to her, Nigeria currently has one of the lowest debt-to-Gross Domestic Product figures in the world and the administration has […]

Does CBN fund govt deficit with Treasury Bill auctions?

Henry Boyo “My brother, Nigeria is managing debt not wealth, because a big hole was dug in her pocket after the jamboree called FESTAC ‘77. The TB (Treasury bill) is government borrowing to finance the deficit. If you understand public finance well, you will know it is the function of the CBN to ensure the […]

N224bn inflow to boost interbank liquidity

CBN injects $501m as IMF insist on single forex marketExperts disagree on September inflation figure By Babajide Komolafe THE interbank bank money market will, this week, receive liquidity boost of N224 billion but with little prospect of moderation in cost of funds. The market for most parts of last week experienced intense scarcity of funds […]

Naira Set to Appreciate Against Dollar – Nigeria News by PRESS

PRESS.COM.NG You know you want the news, and you want it straight. We bring you all the headlines from the major news papers in a digest format with direct links to the news page from the sources. PRESS is updated every minute, and it is organized to give you instant overview to at least 10 […]

Naija Dailies: Nigerian News | CBN Gov Emefiele | Naira Set to Appreciate Against Dollar

   Top Nigerian Dailies    Most Read Nigerian News    Certified Global Alexa Rank Photos: Finance minister, Kemi Adeosun, CBN Gov, Godwin Emefiele at IMF/Worldbank meeting in Washington Dc 16 hours ago |  Vanguard News Photos: Finance […]

Emefiele sees a more  stronger naira in near term  — Nigeria Today

Posted on Oct 15, 2017 in News | 0 comments Have you read Trendiee Today? Click here to read Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele said on Sunday that he sees a much more stronger naira at the back of strengthening economic fundamentals and present foreign exchange policies of the government that have […]

CBN Gov Emefiele: Naira Set to Appreciate Against Dollar

The governor of the Central Bank of Nigeria, (CBN ) Godwin Emefiele is bullish about the naria. According to him, the naira is now stable due to improvements in the country’s economy. “The fundamentals we are seeing show that there is a lot of stability in the foreign exchange market, and having come down from […]

CBN Governor Celebrates After Winning Forbes Award in Washington (Photos)

Forbes has honoured Nigeria’s Central Bank Governor, Mr. Godwin Emefiele with the 2017 Forbes Best of Africa Innovative Banking Award. The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has received the 2017 Forbes Best of Africa Innovative Banking Award. He was given the award on Friday by the President of Forbes Customs Emerging […]

Africa drives Access Bank’s trade finance growth

Dubai: The Access Bank UK Limited, a wholly-owned subsidiary of Access Bank Plc, a Nigerian Stock Exchange-listed company, has witnessed strong growth in its trade finance business linking the Middle East region with Nigeria and other sub-Saharan markets, Jamie Simmonds, CEO of The Access Bank UK told Gulf News in an interview. The bank which […]

5000 naira note picture

First of all i don’t know why the CBN governor would ever think of creating the 5000 naira note. Jump up ^ CBN To Introduce N5000, N2000 Notes; …

CBN Governor Godwin Emefiele defends FX policies

CBN Governor Godwin Emefiele yesterday defended the foreign exchange policies instituted by his regime. The apex bank, had in June 2015 issued a circular banning 41 goods and services that were hitherto imported, from accessing the official foreign exchange market. We are delighted we put forex restriction on 41 items. We were castigated and I […]