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GODWIN EMEFIELE
News and analysis about Godwin emefiele
The CBN Governor has revealed that Dangote Refinery will sell refined crude to Nigeria in naira when it commences production.
The CBN Governor, Godwin Emefiele stated that the Crypto ban was in the best interest of Nigerians.
The CBN Governor had expressed optimism last year that the country was going to come out of recession in Q4 of 2020.
Senate mandated Committees to invite the Governor of the CBN, for briefing on the ban of Crypto transactions.
The CBN has insisted that it will continue with its monetary policy measures towards the stock market in efforts to resuscitate the economy.
The CBN has assured Nigerians that the country's inflation rate will begin to moderate by the first half of 2021.
The Governor of the Central Bank of Nigeria has said that the challenges facing Nigeria's economy are of a global dimension.
The CBN revealed during the MPC meeting that the total credit to the economy rose to N19.54tn as of the end of November 13.
Emefiele has said that the parallel market is a tainted market where illegal foreign exchange transactions take place.
Mr. Emefiele has disclosed how the closure of courts during the pandemic affected revenue generation streams for the courts.
The CBN has reiterated its stance on sustaining FX restrictions on food items that can be produced and consumed locally.
The CBN has introduced a stimulus package to help stimulate investment in gas as an alternative to fuel.