The Central Bank of Nigeria will not be discouraged by the many attacks on some of its tightened monetary policy moves aimed at addressing the fundamental challenges of the economy, the governor of the bank, Mr Godwin Emefiele, has said. Speaking yesterday at the 40th...

The Central Bank Governor, Mr. Godwin Emefiele, has said the future of Nigeria is bright with the outcome of the investment funding the apex bank is giving to companies like Flour Mills of Nigeria Plc (FMN), which is putting its new sugar mill to...

The Central Bank of Nigeria (CBN) has said that the revenue from non-oil exports fell sharply by 58 percent to $4.39 billion in 2015. Meanwhile, Zenith Bank has expressed its readiness to enhance revenue from non oil exports by assisting its clients with financing support...

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has launched the Youth Innovative Entrepreneurship Development Programme (YIED-P), an initiative designed to unlock the ingenuity and resourcefulness of youths to drive the economy. Under the new pilot scheme, about 1,000 youths would be...

Central Bank of Nigeria (CBN) Governor Godwin Emefiele has reassigned some of his directors in apparent response to the current foreign exchange (forex) crisis and the need to save the naira. Under the new dispensation, Dr. Alvan Ikoku becomes Director for the Trade and Exchange...

The Central Bank of Nigeria ,CBN, in its Economic Report of the Nigerian Economy for the month of November 2015 said that $2.48 billion foreign exchange came into the country through it while $2.50 billion went out. This it said resulted in a net out...