Nigeria Saved $21bn In 34months From Cutting Out Food Importation - Emefiele   The Central Bank Governor, Godwin Emefiele, has said that Nigeria’s monthly food import bill fell from $665.4m in January 2015 to $160.4m as of October 2018. He said the reductions in food import were...

Again, MPC Votes to Retain MPR at 14% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria Thursday voted to retain the Monetary Policy Rate (MPR) at 14 percent at its meeting held between 21st and 22nd of November 2018 at the CBN...

Africa Receives $72bn remittances in 2017 …As Nigeria leads African Countries received about $72bilion in remittances inflow in 2017, just as Nigeria tops other African countries in remittances inflows and is among the top five globally. Nigeria’s Central Bank Governor, Mr. Godwin Emefiele who dropped the hint did...

Emefiele To Meet Banks, MTN Over $8.1bn Repatriated Funds Dispute   The Governor of the Central Bank of Nigeria, Godwin Emefiele, will meet with the representatives of telecommunications company, MTN, and four banks on Tuesday to discuss the lingering dispute over the repatriation of $8.1bn, two...

MPC Votes to Retain MPR at 14% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has voted to retain the Monetary Policy Rate(MPR) at 14 percent at its meeting held between 24th and 26th of September, 2018 at the CBN headquarters ,...

CBN Introduces framework to Tackle Cyber Crime The Central Bank of Nigeria (CBN) says it is developing a Risk Based Cyber Security Framework for banks and payment service providers to combat internet fraud in the country. The Central Bank Governor, Mr Godwin Emefiele, said this on...