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Tag "Emefiele"

CBN injects $186m as forex reserves beat $30bn

    CBN injects $186m as forex reserves beat $30bn

Following Tuesday’s assurances by Godwin Emefiele, the CBN says it will continue to intervene in the foreign exchange market, as it injected $185.86 million into the retail Secondary Market Intervention

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CBN opens yet another forex window — for software developers, exporters

    CBN opens yet another forex window — for software developers, exporters

Two weeks after opening a special foreign exchange window for small and medium enterprises (SMEs), the Central Bank of Nigeria has  opened yet another window for investors and exporters. A

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Follow TheCable for updates on World Bank/IMF meetings in Washington

    Follow TheCable for updates on World Bank/IMF meetings in Washington

Like Nigeria, the global economy is on a path to growth, riding on the wings of rising commodity prices and trade policies. This growth may be stunted by the protectionism

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Emefiele, Ogbeh visit ‘first planned and completed’ rice mill under Buhari

    Emefiele, Ogbeh visit ‘first planned and completed’ rice mill under Buhari

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN),  Audu Ogbeh, minister of agriculture, visited the first rice mill to “conceptualized, executed and to be commissioned” under President Muhammadu

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After MPC decisions, naira ‘dramatically’ recovers to N405/$1

  After MPC decisions, naira ‘dramatically’ recovers to N405/$1

The naira dramatically recovered on Wednesday to 405 per dollar, less than 24 hours after the Central Bank of Nigeria

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Emefiele backs Osinbajo, says CBN not floating the naira

  Emefiele backs Osinbajo, says CBN not floating the naira

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), on Tuesday revealed that the CBN would not float the

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Emefiele, Kale, Fashola…10 govt officials who defined doing business in 2016

  Emefiele, Kale, Fashola…10 govt officials who defined doing business in 2016

There is no doubt that 2016 has been a terrific year for the Nigerian economy. With biting recession, ailing naira,

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Nigeria’s forex reserves rise for 4 consecutive weeks

  Nigeria’s forex reserves rise for 4 consecutive weeks

The Nigerian foreign exchange (forex) reserves have been on the increase for four consecutive weeks, TheCable can report. According to

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Naira crashes to all-time low as FX reserves fall below $25bn

  Naira crashes to all-time low as FX reserves fall below $25bn

The naira fell to an all-time low of 436 to a single dollar on Thursday at the parallel market, as

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Emefiele: China to start importing from Nigeria

  Emefiele: China to start importing from Nigeria

Godwin Emefiele, governor of the central bank of Nigeria (CBN), says the federal government is “talking with China” so it would also

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