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We Must Discontinue Dependence On Crude Oil For Public Revenue, Forex — Emefiele

We Must Discontinue Dependence On Crude Oil For Public Revenue, Forex — Emefiele         The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has reiterated the need for the country to discontinue heavy dependence on crude oil to guarantee public revenue and foreign...

CBN Targets $2bn Monthly Diaspora Remittances , Says Emefiele

CBN Targets $2bn Monthly Diaspora Remittances , Says Emefiele         The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Thursday, said the target of the CBN is for the country to attract about $2bn monthly as remittances from citizens in diaspora. Emefiele’s position is coming...

Interventions Drive Daily I&E Window Sales To $150m – Emefiele

Interventions Drive Daily I&E Window Sales To $150m - Emefiele         The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said interventions introduced by the CBN have resulted in a daily trade of $150m in the Investors and Exporters window. Emefiele spoke during the 55th...

Fed Govt, CBN Point To Results In Economy Recovery Plan

Fed Govt, CBN Point To Results In Economy Recovery Plan         At the backdrop of the slide into the second recession in five years, fiscal and monetary authorities are indicating that efforts are on all fronts to ensure early exit from the recession. While the Federal Government...

IMF Seeks Unified Exchange Rate For Naira

IMF Seeks Unified Exchange Rate For Naira         The International Monetary Fund (IMF) has urged the Central Bank of Nigeria (CBN) to get the country a unified exchange rate for the naira. It remained stable at N378 to dollar on the CBN’s official rate. The naira was on...

CACOVID Empowers 4m youths with N150bn job program

CACOVID Empowers 4m youths with N150bn job program …To renovate 44 burnt Police stations; spend N100bn on Police equipment  The private sector led Coalition Alliance Against COVID 19 (CACOVID), has unveiled plans to empower four million youths with N150 billion employment program, noting that once the...