#CBN Governor Godwin Emefiele
4 stories
Exposed! Alleged N150bn fraud rocks NIRSAL
.. As MD, son, cronies allegedly embezzle intervention funds meant for farmers .. Acquire luxury cars, choice properties, hotels in Abuja, Lagos, Germany, UK, Dubai, South Africa .. Abdulhameed awards son N2bn contract for supply of laptops, iPhones, drones, ICT software .. Godwin Emefiele allegedly shields NIRSAL’s boss as Malami forbids police probe of alleged […]
CBN’s decision on Naira to unlock $1.5 bln loan from IMF
In the last five years, Naira has been officially depreciated more than 92% from N197 to a United States dollar in 2015 to N379 as of April but then scrapped and replaced by NAFEX rate priced at N410.25. CBN will continue to drive the Naira-for-Dollar scheme to foster the inflow of dollar from abroad Nigeria’s […]
CBN needs bankable policy to reduce Nigeria’s $1.5 billion import bill on Wheat
Nigeria boasts of 34 million hectares of arable land area, with about 6.5 million hectares for permanent crops. Little wonder, Agriculture serves as the country’s main driver of the economy after oil. But despite the goodies in the sector, the country imported wheat worth N2.2 trillion in the last four years. According to data from […]
BREAKING: EU reports Nigeria to WTO
The European Union has reported Nigeria to the World Trade Organisation (WTO). The complaint was about Nigeria’s policy on dairy. Director General of the WTO Dr. Ngozi Okonjo-Iweala made this disclosure in Abuja on Tuesday when she visited the Central Bank of Nigeria (CBN). Okonjo-Iweala said the WTO has received a letter from the European […]