godwin emefiele

Finance Minister Urges CBN To Extend BVN To Microfinance Banks

The Minister said the move will make for the easy detection of bank accounts that are being operated in such banks by ghost workers and other syndicates.

CBN, NCC Move To Save Etisalat Over Debt

The CBN governor, Godwin Emefiele, and the Executive Vice Chairman of the NCC, Umar Danbatta, met on Thursday at the CBN headquarters in Abuja over the Etisalat debt issue.
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CBN Retains Interest Rate At 14% Despite Worsening Recession

The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, has voted to retain interest rates in the country at 14%, despite calls from experts and economic managers, including the Minister of Finance, Kemi Adeosun, for a downward review.

Nigeria’s Inflation Hits Record High

Inflation rate in Nigeria stood at 18.3 % in October, rising from 17.9 percent in September, the highest in 11 years.
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Kidnapped CBN Governor’s Wife Regains Freedom

Margaret Emefiele, Wife of Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, who was reportedly kidnapped on Thursday, has been released by her abductors.

CBN Ignores Finance Minister, Retains 14% Interest Rate

The Central Bank of Nigeria, CBN, has decided to retain benchmark interest rate at 14%, saying that monetary policies alone could not totally save the economy.
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