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GODWIN EMEFIELE

News and analysis about Godwin emefiele

Earlier today, Nigeria’s central bank announced the extension of the deadline for replacing old naira notes from January 31st to February 10, 2023
There are reports that the embattled Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is currently meeting with President Muhammadu Buhari at the presidential villa in Abuja.
There are growing concerns over the whereabouts of Nigeria's central bank Governor, Godwin Emefiele who has been outside the country since December.
CBN said that the concentration of fintech companies in Lagos State is slowing down the development of fintech across the country
Some traders have given reasons for rejecting the new naira notes six days after they went into circulation
Femi Gbajabiamila said Gudaji Kazaure is acting alone in his mission to unravel N89 trillion stamp duty allegations against Godwin Emefiele
The CBN is optimistic that export proceeds for rebate would hit the $1 billion mark by the fourth quarter of 2022.
The bulk of the money used to fund Nigeria's foreign reserves comes from the export of gas and oil to other nations
A total of 4.3 million new BVN registrations have been recorded so far this year
80% of the currency in circulation is outside the vaults of the commercial banks
As Nigeria battles with a crashing local currency, the International Monetary Fund (IMF) has warned that dollarisation is hard to revert
Although the independence of the CBN is sacrosanct, it would have been more congruous if the Ministry of Finance did not find out about the naira redesign in the media