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Emefiele: Nigeria Imports $600m Cassava Derivatives Annually

The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday disclosed that Nigeria imports cassava derivatives valued at about $600 million annually. Speaking...

Emefiele: If We Don’t Kill Unnecessary Imports, Imports will Kill Us

•Says country recorded $55bn inflows in two years Obinna Chima If Nigeria does not kill unnecessary imports, imports will kill the nation, Central Bank of Nigeria...

Emefiele: Border Closure is Creating Jobs, Boosting Local Demand

•Says reopening must be based on terms, conditions Omololu Ogunmade in Abuja Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday listed the gains of...

Forex Restrictions Not Impeding FDIs, Emefiele Insists

The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Sunday disagreed with the International Monetary Fund (IMF) that foreign exchange restrictions place on...

World Environment Day: CBN to Recycle Disused Polymer Notes

Ndubuisi Francis in Abuja The Central Bank of Nigeria (CBN) is on the verge of recycling disused polymer banknotes into flower pots and other environmentally-friendly...

External Reserves Hit Five-year High of $46bn, Inch Up to $50bn

 • NDIC to investigate banks over 38.5% rise in industry fraud By Obinna Chima     Following the success of the $2.5 billion Eurobond issue by the federal...

Emefiele: CBN Has Disbursed N55bn to 250,000 Farmers Under Anchor Borrowers’...

Intervenes in Forex Market with Fresh $321.4m By Obinna Chima The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, yesterday put the total...

Emefiele Showcases Nigeria’s Investment Opportunities to Foreign Investors

By Obinna Chima The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has urged investors to pack their bags and come over to Nigeria,...

No Plan to Bequeath Unserviceable Debts to Nigerians, Says Adeosun as...

•Emefiele: Foreign lenders to expand credit lines to Nigerian banks   By Kunle Aderinokun, Chika Amanze-Nwachuku, Obinna Chima, Nume Ekeghe in Washington D.C. and Onyebuchi Ezigbo in Abuja   Despite mounting concerns and the...

Emefiele: Macroeconomic Environment Needed for Sustainable Growth

By Ndubuisi Francis in Abuja The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has stated that financing was not the magic...