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Emefiele Inaugurates Panel To Revive 50 Textile Firms

Emefiele Inaugurates Panel To Revive 50 Textile Firms   The Central Bank of Nigeria is targeting to revive at least 20 textile companies before the end of the 2019 fiscal period. The move is contained in the technical cooperation proposal for revamping the cotton, garment and textile...

NIRSAL MFB To Issue Loans To MSMEs At 5%, Says Emefiele

NIRSAL MFB To Issue Loans To MSMEs At 5%, Says Emefiele The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, on Wednesday said that the newly-established NIRSAL Microfinance Bank would provide loans to small businesses at a single digit interest rate of five per cent....

A Peep Into CBN’s Agribusiness Policy

A Peep Into CBN’s Agribusiness Policy By Tochukwu Adindu   The importance of entrepreneurship globally as the engine of any economy under the emphasis of developed economies attach to it and this is why entrepreneurial scores activities have been found to be capable of making positive impacts...

CBN Gov, Bankers To Provide Insights Into Economy

CBN Gov, Bankers To Provide Insights Into Economy   The Chartered Institute of Bankers of Nigeria has said the Governor, Central Bank of Nigeria, Mr Godwin Emefiele, and other stakeholders in the industry will provide insights into the economy in its upcoming annual dinner this month. The...

Emefiele: Restricting Forex On 41 Imported Items Salvaged Us From Recession

Emefiele: Restricting Forex On 41 Imported Items Salvaged Us From Recession   The Central Bank of Nigeria on Wednesday said that its decision to restrict foreign exchange for importation of 41 items and other complementary policies were effective in bringing the country’s economy out of recession. It...

Trade War: Adopt Policies To protect Nigeria’s Economy – Emefiele

Trade War: Adopt Policies To protect Nigeria’s Economy - Emefiele   Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Wednesday said that Nigeria should take a cue from the ongoing global trade war by adopting policies to protect the local economy. Emefiele made this call...