Tag: Godwin Emefiele
Blocked Forex: Buhari’s Government Dismisses Threats By Foreign Airlines
The Muhammadu Buhari-led Federal Government has dismissed threats by foreign airlines to suspend operations in Nigeria over their inability to repatriate their blocked forex...
Polaris Bank’s Purchase Announced By CBN, AMCON
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have announced the completion of a Share Purchase Agreement (SPA)...
Naira Card Transactions Abroad Suspended By Banks
Commercial banks have joined the Central Bank of Nigeria (CBN) in the fight to save the naira by reducing dollar spendings abroad.
Banks have announced...
As Scarcity Bites, Nigerian Banks Ration Forex
Nigerian Banks have started to reduce approval requests for Personal Travel Allowance and Business Travel Allowance to legitimate users.
The legitimate users will be able...
Naira Defended With $7.6bn In Five Months By CBN
The Central Bank of Nigeria injected $7.6bn into the economy to stabilise the value of the naira in five months.
This was obtained in the...
Experts Identify How CBN’s Policy Is Affecting Cargo Shipment
Experts have blamed the dwindling fortunes of the nation’s maritime sector on inconsistencies of government policies, noting that some policy reversals have become inevitable...
Trapped Funds: CBN Releases $265m To Airlines
In a move to check a brewing crisis in the aviation sector, the Central Bank of Nigeria (CBN) has released $265 million to airlines...
How We Will Stop Naira From Falling Further – CBN
The Central Bank of Nigeria has advised Nigerians to resist the urge of succumbing to speculative activities of some players in the foreign exchange...
Disturbing Naira Devaluation: Emefiele To Be Summoned By Senate
The Ahmad Lawan-led Senate, on Wednesday, said it would summon the governor of the Central Bank of Nigeria, Godwin Emefiele, over inflation and naira...
ACAMB Ready To Host First National Banking Stakeholders’ Conference
The Association of Corporate Affairs Managers of Banks (ACAMB), a banking industry corporate communications and reputation management group has risen to the task of...
