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An FCT High Court in Kubwa has fixed June 13, to hear contempt proceedings against the CBN Governor, Godwin Emefiele, to enable the applicant, Godwin Emmanuel respond to a motion on notice served on him.
Court to hear contempt proceedings against Emefiele on June 13 Read More
WorldStage NewsOnline—-Central Bank of Nigeria (CBN) has placed all forms of textile, garments on forex restriction list.
We have placed all forms of textile, garments on forex restriction list – CBN Read More WorldStage Newsonline– As part of moves toward achieving 80 per cent National Financial Inclusion by 2020, the Central Bank of Nigeria (CBN) and the National Financial Inclusion Stakeholder, on Thursday in Abuja unveiled the National Financial Inclusion Strategy (NFIS 2.0); the Financial Literacy Framework; the Consumer Protection Framework and the Consumer Education framework.
Nigeria targets 80% National Financial Inclusion by 2020, as CBN boss charges stakeholders to build on success Read More Mr Godwin Emefiele, the Central Bank of Nigeria (CBN) Governor, says Nigeria tops other African countries in remittances of inflows and is among the top five globally.
Nigeria tops African countries remittances inflows – Emefiele Read More Mr Godwin Emefiele, Governor of Central Bank of Nigeria (CBN) says maintaining stable exchange rate to avoid depreciation of the Naira is better than building foreign reserve buffers.
Emefiele says stable exchange rate best choice for Nigeria Read More WorldStage Newsonline– Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its two-day meeting on Tuesday with a resolution to retain the Monetary Policy Rate(MPR) at 14%, Cash Reserve Ratio at 22.5%; Liquidity ratio at 30% and asymmetric window at +200-500 basis point.
CBN retains interest rate at 14%, to penalize banks that stall credit growth to real sector Read More
Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, affirmed on Sunday that the country’s positive growth outlook would be sustained.
Adeosun, Emefiele say Nigeria will sustain positive growth outlook, as external reserves hit $47.93b Read More
The past few days have seen a high-powered delegation from MTN Group hold planned strategic sessions in Nigeria solely to underscore the African multinationals commitment to the country. The sessions were also geared towards the planned listing of MTN on the Nigeria Stock Exchange as well as finalizing an unprecedented partnership with Ecobank Group on the provision of mobile financial services across Africa.
MTN reassures on IPO, shareholding diversification in Nigeria Read More WorldStage Newsonline– As part of effort to align with the Federal Government’s effort to diversify the economy away from oil, the Central Bank of Nigeria (CBN) said it was in the final stage of discussion with the Nigeria Export Import Bank (NEXIM) to set up a N500 billion fund to assist local manufacturers interested in the non-oil export.
How CBN plans to boost non-oil exports with N500b, as foreign reserves hit $50b Read More WorldStage Newsonline—The Governor of the Central Bank of Nigeria Godwin Emefiele has assigned duties to the newly appointed Deputy Governors who assumed duty on March 28.
CBN Governor deploys new DGs Read More