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2023 Presidency: Islamic Group Urges CBN Governor To Resign Now

2023 Presidency: Islamic Group Urges CBN Governor To Resign Now The Muslim Rights Concern (MURIC)(MURIC) has asked the Governor of the Central Bank of Nigeria, Godwin Emefiele, to resign his position from the apex bank before entering the race for 2023 presidency. The Muslim Rights Concern...

Despite CBN Claims Of $100m Diaspora Remittance, Nigeria Foreign Reserves Depleting

Recently, the Central Bank of Nigeria claimed that Nigeria diaspora remittances surged significantly following the launch of the Naira4Dollar scheme in March 2021. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), stated this reason in a speech to journalists on Thursday, February...

Emefiele, El-Rufai, witness groundbreaking of N10.5bn Tomato plant in Kaduna

Emefiele, El-Rufai, witness groundbreaking of N10.5bn Tomato plant in Kaduna Kaduna State Governor, Nasir El-Rufai, performed the groundbreaking of a N10.5 bilion Tomato Processing Plant owned by Tomato Jos Farming and Processing Limited. The CBN-assisted plant which is to utilise raw materials from a 400-hectare...

Nigeria Crashes food importation by 60%

Nigeria Crashes food importation by 60% Nigeria has succeeded in reducing the importation of food items by 60 per cent from 2015 to date, the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said. Emefiele said that the government, in the process, saved...

CBN, MTN and 4 Banks: What Lessons?

CBN, MTN and 4 Banks: What Lessons? By Adigun Olabiyi The furore generated so far on the $8.1bn and N5.87bn sanction by the Central Bank of Nigeria (CBN) on MTN Nigeria and four banks has been one of mixed grill, laced with sentiments depending on which...

CBN Urges financial institutions on funding MSMEs

CBN Urges financial institutions on funding MSMEs Central Bank of Nigeria (CBN) Governor Godwin Emefiele has urged financial institutions in the country to fund operators of Micro, Small and Medium Enterprises (MSMEs), to achieve financial inclusiveness. Emefiele made the call at the ongoing 11th Annual Banking...