CBN Governor – InfoStride News

Adeyanju advises Tinubu on choice of next CBN governor

Ifeanyi Nwagboso — Sat, 29 Apr 2023 14:14:21 +0000

The incoming administration of the President-elect, Bola Tinubu has been advised on how to appoint the next Governor of the Central Bank of Nigeria, CBN. Deji Adeyanju, a socio-political activist, said Tinubu’s incoming administration should appoint a renowned economist as the next CBN governor. Adeyanju said the next CBN governor should have experience of working [...]

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Dangote refinery will save Nigeria on FX imports– Emefiele

Temitope Nlewemchi — Sat, 16 Oct 2021 21:01:18 +0000

The Central Bank Governor, Godwin Emefiele has established that Nigeria’s import of petroleum products using 30% of its forex can be reversed by the successful commencement of operations at the Dangote Refinery. Emefiele made this known during a foreign investors’ meeting held in New York while answering a number of questions raised by foreign investors. [...]

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Nigeria’s Apex Bank issues Circular on Illegal Use of Bank Accounts

Ade Adewale — Fri, 02 Dec 2016 20:26:27 +0000

The Central Bank of Nigeria (CBN) has issued a circular warning the use of individual or corporate accounts for illicit or illegal transactions involving international money transfer services without obtaining the appropriate license. This becomes pertinent where these accounts are being utilized for paying receipts of such fund as in Nigeria. Banks in Nigeria have [...]

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Senator Saraki Dedicates Praise to SME Owners Over Lifting of Forex Restriction

Ade Adewale — Tue, 12 Jan 2016 17:26:07 +0000

The Senate President, Dr. Abubakar Bukola Saraki, last week broadcasted via his Twitter account that he had requested from the CBN governor, Godwin Emefiele, to look broadly into reviewing the restrictions in the Forex policy that has placed, according to Saraki, a huge discomfort on millions of Nigerians, particularly the SME owners. “After series of [...]

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Remita Scandal: From The Senate Hyperbole To The Confession Of The CBN Governor, Any Truth Uncovered?

Ade Adewale — Fri, 11 Dec 2015 17:19:56 +0000

The full implementation of Treasury Single Account (TSA) by the President Muhammadu Buhari-led government, with the core objectives of blocking leakages in government revenues and expenditures across board, is quite outstanding and laudable for its clear potentials to salvage the Nigerian economy from decline to prosperity. At the time when heads are nodded in appreciation [...]

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President Buhari’s Ministerial List Submitted To The Senate

Wale Adebayo — Wed, 30 Sep 2015 16:23:59 +0000

President Muhammadu Buhari (PMB) has submitted his ministerial list to the Senate, according to Daily Trust. Citing Presidency sources, the newspaper reported that Special Adviser to the President on National Assembly Matters (Senate), Senator Ita Enang, submitted the names to the Senate. The president had promised to announce members of his cabinet not later than [...]

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CBN Governor Emefiele Forecasts Nigerian Economy May Go Into Recession In 2016

Wale Adebayo — Wed, 23 Sep 2015 16:20:16 +0000

The Central Bank of Nigeria (CBN) has said that it is unaware of any memorandum exempting some institutions from the Treasury Single Account (TSA). The bank, therefore, called on all affected organizations to comply with the directive of moving their money to the central bank immediately. It also raised alarm that the country may go [...]

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CBN Governor Godwin Emefiele Allays Banks’ Liquidity Fears Over Treasury Single Account Implementation

Wale Adebayo — Fri, 18 Sep 2015 14:48:51 +0000

There is rising tension in Nigeria’s banking industry over the implementation of the Treasury Single Account (TSA). However, the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged banks in the country not to panic. In an interview with Reuters yesterday, the CBN boss gave an assurance that he was ready to inject [...]

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Nigeria May Have To Devalue The Naira Yet Again – CBN Governor

Wale Adebayo — Thu, 16 Jul 2015 08:15:05 +0000

Although ratings agency Standard & Poor’s said on Wednesday, that Nigeria will have to devalue its currency again, Central Bank of Nigeria (CBN) said that it would not bow to pressures to further devalue the naira. A three-day straight slide in the exchange rate of Naira against US Dollar has put the currency in a [...]

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Desist From Harassing CBN Governor Lamido Sanusi – Kano State Governor

David Folami — Sun, 19 Jan 2014 14:47:53 +0000

Kano State Governor Rabi’u Musa Kwankwaso, on Saturday, asked President Goodluck Jonathan to cease to harass CBN Governor, Sanusi Lamido Sanusi. . Kwankwaso, who spoke against the backdrop of a shaky relationship between the president and the CBN governor, stated that Sanusi is no ordinary Nigerian. . Kwankwaso, who defended his kinsman, said ”Let me [...]

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