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GODWIN EMEFIELE

News and analysis about Godwin emefiele

The CBN, in a bid to increase the provision of financial services to unbanked Nigerians, has licensed 15 mobile money operators. #CBN #FINANCIALINCLUSION
The CBN has disclosed that it plans to revive the National Theatre Iganmu, Lagos, alongside Bankers Committee with about N25 billion.
The Investors’ and Exporters’ (I&E) Forex window of the CBN has facilitated the influx of over $60 billion in the Nigerian economy.
About $400m has been invested in fintech firms in the country in 2019, according to the Central Bank of Nigeria.
The CBN, in collaboration with other stakeholders in the banking industry, have established N1 billion Bankers’ Charitable Endowment Fund.
The Governor of CBN, Godwin Emefiele, has disclosed that the apex bank has been able to sustain the stability of the naira.
Policy measures to achieve $4 billion in non-oil exports revenue in 2020 are currently being put in place by the Central Bank of Nigeria (CBN).
The CBN has tasked Nigerians to patronise and encourage the production of Made-in-Nigeria products.
The CBN disclosed it disbursed a total sum of N171.66 billion on the Commodity Development Initiatives to control the effect of the border closure.
The Monetary Policy Committee of the CBN has kept the MPR constant at 13.50%. Also, other parameters such as Credit Reserve Ration, Liquidity ratio, and asymmetric corridor were equally held constant.
Private investors have been encouraged to invest in infrastructure bonds by the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.
The CBN has signed a Memorandum of Understanding with the Nigeria Cassava Growers Association and Large Scale Cassava Processors.