Godwin Emefiele

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…

In an apparent response to claims by the Minister of Finance, Budget and National Planning, Zainab Ahmad, that her ministry was not carried along by the Central Bank of Nigeria, in the ongoing process of redesigning three series of the…

Good afternoon Ladies and Gentlemen, and welcome to this special press briefing at the Central Bank of Nigeria. We have called this gathering to inform all our stakeholders and the general public of persisting concerns we currently face…

Nigeria’s Central Bank has moved to unveil newly designed 200, 500 and 1000 naira notes by the end of the year. On Wednesday, the apex bank’s governor Godwin Emefiele disclosed that plans were being made to launch new naira notes by…

Godwin Emefiele says the Central Bank of Nigeria is not mandated by law to provide airlines with all their dollar earnings. Mr Emefiele, the CBN governor, made the statement after the monetary policy committee’s meeting held at the CBN…

A bill to whittle down the Central Bank of Nigeria (CBN) governor’s powers sponsored by Senator Sadiq Suleiman Umar representing Kwara North Senatorial District has scaled second reading in the Senate on Tuesday in Abuja. The lawmaker…

The Central Bank of Nigeria has unveiled the USSD code for the country’s digital currency, eNaira. The bank said the code will help deepen financial inclusion as all transactions can be accessed through the channel. Godwin Emefiele,…

Central bank governor Godwin Emefiele has said his office disbursed N1.01 trillion to smallholder farmers to stabilise Nigeria’s macroeconomic position. Mr Emefiele said that the CBN had increased its funding and interventions in various…

The Senate, on Wednesday, said it would summon the governor of the Central Bank of Nigeria, Godwin Emefiele, over inflation and naira devaluation which had led Nigerians to more hardship. The senators lamented that the United States…

The Nigerian currency has continued its free fall sinking further to N658 against the U.S. dollar in the parallel market, according to data from Aboki Forex. The naira, which traded for N620 against the dollar on Monday, N630 on…