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Tag "godwin emefiele"

TIMELINE: How naira moved from N520/$ to N360/$

    TIMELINE: How naira moved from N520/$ to N360/$

The strength of a nation’s currency is crucial because it affects the purchasing power of its citizens and domestic and foreign trade. Nigeria experienced its worst recession in 29 years

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CBN ‘may reduce’ CRR for SME-friendly banks

    CBN ‘may reduce’ CRR for SME-friendly banks

Godwin Emefiele, governor of the Central Bank of Nigeria, says the cash reserve ratio (CRR) of banks who lend a certain portion of funds to small and medium scale enterprises

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Naira falls to N307 at CBN rate — lowest ever

    Naira falls to N307 at CBN rate — lowest ever

The naira traded at N307 to the dollar on Monday for the first time ever, information made available on the Central Bank of Nigeria’s website has shown. Before now, the

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INTERVIEW: Nigeria has borrowed enough, says FXTM researcher

    INTERVIEW: Nigeria has borrowed enough, says FXTM researcher

Lukman Otunuga, a research analyst at FXTM, says Nigeria has borrowed enough in recent times and could miss the opportunity to bounce back if borrowed funds are not well utilised.

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Budget 2018: Some top govt officials frustrating us, says senate

  Budget 2018: Some top govt officials frustrating us, says senate

Aliyu Sabi, spokesman of the senate, says some top officials of government have been ignoring invitations to answer questions about

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CBN holds interest rate to avoid exchange rate pressure

  CBN holds interest rate to avoid exchange rate pressure

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate at 14

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Emefiele: Interest rate may drop in 2018

  Emefiele: Interest rate may drop in 2018

Godwin Emefiele, governor of the Central Bank of Nigeria, says the monetary policy committee may lower interest rate in 2018

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‘We’re ready for business’ — Emefiele woos foreign investors

  ‘We’re ready for business’ — Emefiele woos foreign investors

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has urged investors to come to Nigeria. Speaking to money

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The Emefiele CBN: Is it harvest time yet?

  The Emefiele CBN: Is it harvest time yet?

Anytime the Governor of Central Bank of Nigeria (CBN) retained benchmark interest rate at 14 per cent, and he has

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Inflation rate will drop to single digit by 2018, says Emefiele

  Inflation rate will drop to single digit by 2018, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says inflation rates are projected to drop and record high

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