Godwin Emefiele

The House of Representatives on Thursday, asked the Central Bank of Nigeria to suspend its latest policy which, among others, sets limits to cash withdrawals at deposit money banks and other financial institutions. Consequently, the…

A new Central Bank of Nigeria (CBN) policy seeks to limit over-the-counter cash withdrawals by individuals and corporate entities to N100,000 and N500,000 per week, respectively. In a circular issued by the CBN and seen on Tuesday, the…

The Central Bank of Nigeria (CBN) has announced a new policy requiring deposit money banks and other financial institutions to ensure that individuals and corporate entities do not withdraw more than N100,000 and N500,000 per week,…

The Central Bank of Nigeria says that non-oil exporters repatriated the sum of $4.99 billion into Nigeria in 2022. The Governor of the CBN, Mr Godwin Emefiele, disclosed this while delivering a keynote address at the second edition of…

Godwin Emefiele, the Central Bank of Nigeria’s governor, stated over the weekend that the official foreign exchange receipt from crude oil sales into Nigeria’s official reserves has depleted from over $3.0 billion monthly in 2014 to zero…

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the apex bank will fall back on its strategic grains reserve to check food inflation. Speaking to reporters in Abuja on Tuesday, Mr Emefiele said the idea was to…

Godwin Emefiele, the Governor of the Central Bank has confirmed that President Muhammadu Buhari will unveil the designed Naira notes tomorrow Wednesday, November 23, 2022. Emefiele announced this during the Central Bank’s Monetary Policy…

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the amphitheatre (main bowl) of the National Art Theatre, Iganmu, Lagos, will be completed in March 2023. Mr Emefiele said this during the commissioning of the…

Former Emir of Kano, Muhammadu Sanusi, has assured that the Arabic inscription in the naira notes would not be removed from the redesigned currency. Sanusi claimed the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele assured him…

The United Bank for Africa (UBA) has announced that their branches will now open on Saturdays for deposit. In an email to its customers on Friday, the bank said “following the CBN announcement on the introduction of new naira notes, we…