by Dr. Peregrino Brimah The direct policies of the central bank of Nigeria, CBN have been and continue to be at the helm of the current economic crisis and recession that is permanently and irreversibly destroying life and hope for the Nigerian masses. We have repeatedly pointed out these cabal-favorable, masses-exterminating policy decisions that have gotten Nigeria... Read More

atiku abubakar, Ben Bruce, Cabal, CBN, Dangote, Emefiele, naira devaluation, president buhari, SMEs, Soludo

August 14, 2016

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According to the CBN governor, this is why the Naira is falling

Governor of the Central Bank of Nigeria, Godwin Emefiele, on Saturday, explained that the Naira is depreciating against the dollar because Nigeria doesn’t export anything except oil. Speaking at a career talk organised for the teenagers of Redeemed Christian Church of God (RCCG) at TEAP school, Abuja, Emefiele noted that Nigeria’s over dependence on oil led... Read More

The News Blog

CBN, dollar, economy, Emefiele, Forex, Governor, naira, nigeria

August 9, 2016

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According to Emefiele, this is why CBN sold forex to Hajj pilgrims at N197

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday, said that foreign exchange sold to 2016 hajj pilgrim was due to a 2015 agreement reached by the bank with both Christian and Muslim pilgrims. Speaking at a press conference in Abuja, the governor stated that the agreement was made long before the... Read More

The News Blog

CBN, Emefiele, Forex, government, hajj, pilgrim, policy

July 5, 2016

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The CBN is not interfering in new exchange rate regime – Emefiele

Governor of the Central Bank of Nigeria, Godwin Emefiele, on Monday, said that the apex bank is not interfering in the recently introduced foreign exchange regime, with claims that the prices are determined by market forces. The CBN governor stated this while speaking at a press conference in Lagos. He noted that it was necessary to... Read More

Featured, The News Blog

bank, CBN, Emefiele, Forex, Governor, interfere, market

June 20, 2016

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Opinion: FG’s tubers of yam and 4 other things

By Simon Kolawole The naira has just been effectively devalued — so why are some people jubilating? The way economists, financial experts, bankers and analysts were celebrating on Wednesday would make you think crude oil price had just hit $120 per barrel and Nigeria’s production level has risen to 2.5mbpd. But no. The CBN had... Read More

Buhari, CBN, dollars, economy, Emefiele, money, naira, simon kolawole

May 24, 2016

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CBN bows to pressure, adopts flexible foreign exchange

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has asked the number one bank of the nation to commence the adoption of a flexible exchange rate policy. After the MPC meeting at the Bank’s headquarters in Abuja, while addressing journalists today, the CBN Governor, Godwin Emefiele disclosed that with the new directive,... Read More

The News Blog

America, CBN, China, dollars, Emefiele, foreign exchange, naira, Yuan

April 21, 2016

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‘Remove Emefiele’ | 10 individuals sue CBN governor for fraud, money laundering…

Ten individuals have filed a suit before an Abuja Federal High Court asking for the criminal prosecution of the Governor of the Central Bank of Nigeria, Godwin Emefiele, for money laundering and fraud. The suit was filed by Ezenwa Ibegbunam on behalf of Achilike Anderson and nine others. Hearing on the suit has been slated... Read More

The News Blog

CBN Governor, Emefiele, Godwin Emefiele, president, remove, suit

April 20, 2016

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Nigeria will soon start exporting to China – CBN governor

Governor of the Central Bank of Nigeria, Godwin Emefiele has revealed that the agreement signed between Nigeria and China will be beneficial to both countries. During a press conference at the World Bank headquarters in Washington, TheCable reports that Emefiele said the government of Nigeria is ‘talking with China’ to have the Asian country importing... Read More

The News Blog

agreement, central bank of Nigeria, China, economy, Emefiele, nigeria, trading

March 15, 2016

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How CBN governor gave ‘juicy appointments’ to children of APC leaders, government officials

About 91 persons are alleged to have been recently offered ‘juicy appointments’ into the Central Bank of Nigeria (CBN) through the influence of highly placed individuals in the federal government and in the ruling All Progressive Congress (APC). According to Sahara Reporters, the process through which the individuals were offered the appointments was highly selective. Among... Read More

The News Blog

CBN, Emefiele, job appointment

January 12, 2016

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Bayo Oluwasanmi: Okey Ndibe’s false bias, Buhari’s corruption war and the unknown Nnamdi Kanu

“So, the fight is on two levels: one, directly against corruption and the second is that you are going to prepare for a counter attack. That is where we are at the moment and there is no retreat.” – Wole Soyinka It was one of those articles that at once makes President Muhammadu Buhari so... Read More

Emefiele, Forex, IMF, Saraki

December 26, 2015

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CBN Governor loses mother on Christmas day

The governor of the Central Bank of Nigeria, Godwin Emefiele has lost his mother. Madam Alice Emefiele, who was aged 94, died on Friday, December 25 at about 6:20 am. The governor has recieved a condolence message from President Buhari in a statement that was signed by his senior special assistant on media and publicity, Garba... Read More

The News Blog

Buhari, CBN, condolence, Emefiele

August 25, 2014

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Adekoya Boladale: The CBN’s N65 ATM charge is madness

by Adekoya Boladale Few months ago, myself and numerous other writers who were not privileged to grace the sacred meeting where the ‘suspension’ of the then Governor of the Central Bank of Nigeria, Mallam (as at then was) Sanusi Lamido Sanusi was discussed postulated some factors as being the motive behind his unceremonious disengagement. Today... Read More

Adekoya Boladale, atm, CBN, economy, Emefiele, ynaija

June 2, 2014

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Ex-Minister Femi Fani-Kayode rejoins PDP, Emefiele is CBN governor & other important news you should know today

by Oge Okonkwo Emefiele is CBN governor The New Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is expected to take charge of the apex regulatory institution today, Monday June 2, 2014. He replaces Sanusi Lamido Sanusi, who was on February 20 suspended by President Goodluck Jonathan. Emefiele’s name was immediately forwarded... Read More

CBN Governor, Emefiele, ex-minister, fani-kayode, other important news, PDP

March 26, 2014

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What I will do as CBN governor – Emefiele tells Senate

by Oge Okonkwo The senate has confirmed Godwin Emefiele as the Central Bank designate. Mr. Emefiele was confirmed after the federal lawmakers screened him for almost two hours on Wednesday. Mr. Emefiele, laying out his vision for the Central Bank of Nigeria (CBN) said he would ensure that Nigeria maintains a strong exchange rate, stressing that... Read More

CBN Governor, designate, Emefiele, senate

Opinion: How Godwin Emefiele caused millions of Nigerians to lose jobs

According to the CBN governor, this is why the Naira is falling

According to Emefiele, this is why CBN sold forex to Hajj pilgrims at N197

The CBN is not interfering in new exchange rate regime – Emefiele

Opinion: FG’s tubers of yam and 4 other things

CBN bows to pressure, adopts flexible foreign exchange

‘Remove Emefiele’ | 10 individuals sue CBN governor for fraud, money laundering…

Nigeria will soon start exporting to China – CBN governor

How CBN governor gave ‘juicy appointments’ to children of APC leaders, government officials

Bayo Oluwasanmi: Okey Ndibe’s false bias, Buhari’s corruption war and the unknown Nnamdi Kanu

CBN Governor loses mother on Christmas day

Adekoya Boladale: The CBN’s N65 ATM charge is madness

Ex-Minister Femi Fani-Kayode rejoins PDP, Emefiele is CBN governor & other important news you should know today

What I will do as CBN governor – Emefiele tells Senate

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