CENTRAL BANK OF NIGERIA

Nigeria’s Central Bank Governor, Mr Godwin Emefiele, on Friday, bagged an honorary doctorate degree in Business Administration from the University of Nigeria, Nsukka (UNN). UNN conferred the honorary degree on the CBN Governor, alongside 50 other people, at a special convocation of the institution held today. Emefiele, who delivered a lecture titled “From Recession to Growth: The Story of Nigeria’s Recovery from the 2016 Economic Recession” at the occasion, gave an insight into what Nigerians should expect from his!-->!-->!-->!-->!-->…

The Senate committee on banking, insurance and other financial institutions has approved of Mr Godwin Emefiele re-appointment as Governor of the Central Bank of Nigeria (CBN). The approval came after the committee on Wednesday, while screening the CBN Boss for a second term dismissed the allegations that a purported N500 billion was missing or stolen from the bank. While screening Emefiele, the chairman of the committee Rafiu Ibrahim, expressed satisfaction with his first tenure as the CBN governor stating that the!-->!-->!-->!-->!-->…

The Nigerian Senate on Wednesday continued the screening of Mr Godwin Emefiele for his re-appointment as Governor of the Central Bank of Nigeria (CBN). The screening follows his re-nomination by President Muhammadu Buhari for a second term last week. Emefiele appeared before the Senate Committee on Banking, Insurance and Other Financial Institutions, responded to questions on the economy of Nigeria. The letter for his tenure elongation was sent to the Senate last Wednesday and read during plenary on Thursday. !-->!-->!-->!-->!-->!-->!-->!-->!-->…

Some powerful forces within the Presidency who failed in their bid to stop President Muhammadu Buhari from re-nominating Godwin Emefiele as governor of the Central Bank of Nigeria(CBN) have devised other plans to stop him. President Buhari’s letter re-nominating Emefiele for a second term was read by the senate president, Bukola Saraki during plenary on May 9. Emefiele is expected to go through senate screening and confirmation before his re-appointment could be valid. But forces opposed to his re-appointment are!-->!-->!-->!-->!-->…

President Muhammadu Buhari on Monday at the state house congratulated Godwin Emefiele for his return as governor of the Central Bank of Nigeria (CBN). Recall President Buhari, on Thursday, wrote to the Senate to approve Emefiele’s reappointment as the CBN governor. The extension makes him the first governor of the apex bank to get a two-term mandate since the return to civil rule in 1999. However, the CBN chief at the villa today received a congratulatory handshake from the president.

The Central Bank of Nigeria (CBN) has reacted in the negative to reports making the rounds on Sunday that a purported N500 billion was missing or stolen from the Bank. An online news outlet, not THE WHISTLER, had earlier reported that some top management staff of the CBN were caught on tape discussing how to cover up a botched private investment that allegedly caused the bank to lose over N500 billion. The report and the audio tape had since been syndicated across some other platforms. But reacting swiftly to the!-->!-->!-->!-->!-->…

Is it a matter of genealogy or sheer puffery? Only time will tell of the controversial nature of the Sarkin Kano, Muhammad Sanusi II. Right before his ascension to the revered stool of the Kano Emirate, Sanusi II has always courted controversy whether for its sake or altruistically, is what is difficult to fathom. It is on record that as the Governor of the Central Bank of Nigeria, he became the first activist governor in that position, sometimes speaking contrary to the policies of a government he was part. For those who!-->…

President Muhammadu Buhari has been lauded for re-nominating Godwin Emefiele as the governor of the Central Bank of Nigeria. Emefiele’s re-appointment was contained in a letter seeking the Senate’s confirmation which was read out by Senate President Bukola Saraki at the close of plenary on Thursday. Nigerians, who took to twitter to express their happiness, said that nominating Emefiele for another five years is a step taken in a good direction. https://twitter.com/renoomokri/status/1126464751024795648 !-->!-->!-->!-->!-->!-->!-->!-->!-->…

The Governor of Central Bank of Nigeria, Godwin Emefiele, has confirmed that he is returning for second term in office. Emefiele, whose tenure as CBN governor ends next month, had been rumoured to be on his way out of the apex bank as his re-appointment or exit was said to have caused division between some stakeholders and policy experts. But the 57-year-old banker this morning during a conference of the Association of Assets Custodians of Nigeria (AACN) in London confirmed his re-appointment as CBN Governor. !-->!-->!-->!-->!-->!-->!-->…

The Central Bank of Nigeria (CBN), under its Anchor Borrowers Programme has commenced the distribution of high-yielding cotton seeds and other farming inputs to 100,000 farmers for the 2019 planting season. The distribution of the cotton seeds is in line with financial institution’s plan to improve the cotton and textile industry in the country from 80,000 tonnes produced in 2018 to over 300,000 tonnes by 2020. Recall that the CBN, on how to inject a boom in the textile industry, banned forex for all forms of textile!-->!-->!-->!-->!-->…