Godwin Emefiele
COVID-19 grants: CSO calls for investigation of CBN, Emefiele, gives reasons
A youth-based civil society organisation has called on lawmakers of the National Assembly to launch an investigation into the activities of the CBN governor.
CBN Makes a U-Turn, says it is not stopping the sale of forex to banks
24 hours after the story broke that the CBN will, effective end of 2022, stop selling foreign exchange to banks, the apex bank has denied the media reports.
CBN says Nigerians abroad increased dollar remittances from $6 million to $100 million weekly
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) said diaspora remittances grew from N2.4 billion to N41.5 billion weekly since CBN introduced new policy.
House of Reps move to probe CBN over 45 million accounts not linked to BVN
About N1.2 billion is stashed in about 45 million accounts that are not linked to Bank Verification Numbers (BVN) and Nigeria’s House of Reps want to know why.
IMF asks Nigeria to abandon official exchange rate and fuel subsidy
Despite the controversy surrounding fuel subsidy in Nigeria, the IMF has asked Nigeria to do away with subsidizing fuel use black market black market exchange.
CBN gives guidelines on how to report your bank when displeased
Nigeria’s apex bank, the CBN has issued a step by step guide to bank customers on how they can lodge a complaint in an event of an infraction on their accounts.
Nigeria’s digital currency, eNaira slumps, records less than 10% transactions in 3 months
The hype around the eNaira seems to be waning as the digital currency seems to have witnessed less than 10 per cent transactions among Nigerians in three months
Emefiele warns, loan sharks are ruthless, will seize your house, avoid them
The services of loan sharks leaves a sour taste in the mouth, according to CBN governor, Godwin Emefiel warned, He that people use microfinance banks instead.
Banks borrow N9.17 trillion from CBN in seven months as they become cash-strapped
Deposit Money Banks and Merchant Banks in Nigeria have borrowed about N9.17 trillion from the Central Bank of Nigeria in seven months as they face cash issues.
Godwin Emefiele
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