Tag: Godwin Emefiele
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MPC Tasks CBN, Banks On Rising Toxic Loans, Falling Asset Quality
• Retains Rates Amidst Domestic Headwinds, Uncertainties
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its tw...
Etisalat May Sell Nigerian Arm Over $1.2bn Debt – Reuters
With major banks, including Access Bank, Guaranty Trust Bank and Zenith Bank threatening to take over its operations, following a $1.2bn loan gone bad...
FG Plans Relief Package For Poultry Farmers
This is good news for operators in the Nigerian poultry industry, particularly Livestock Feeds Plc, as Acting President, Prof Yemi Osinbajo, on Friday...
FG Appoints 8 Audit Firms To Verify Budget Support Facility To states
As Excess Crude Account Now $2.458bn, Says Finance Minister
The Federal Government, on Thursday announced the appointment of eight audit firms to v...
NSE Index Gains 0.4%, Amidst Smart Money Buildup
Market Update for the week ended Jan 27 and Outlook for Jan 30
The Nigeria stock market closed the last full trading week of January on a positi...
First 2017 MPC meeting Holds rates unchanged, on unstable domestic, global outlook
At the end of the first meeting of the Central Bank of Nigeria (CBN’s) Monetary Policy Committee (MPC) in this year, members decided to keep all rat...
Poor Commitment To Diversification, Nigeria’s Biggest Problem- Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Thursday in Abuja blamed the nation’s woes on lack of faithful commitment to divers...
Nigeria’s External Reserves Up $1.033bn Year-To-Date
The nation’s external reserves rose $1.033 billion in the first 11 days of the year, according to data on the website of the Central Bank of Nigeria (...
Market Musings: Obazee, FRC, Nigeria And God’s Anointed
Jim Osanyade Obazee, former Executive Secretary of the Nigeria Accounting Standards Board (NASB) and founding chief executive of the Financial Reporti...
Nigeria’s External Reserves Drop By 11.7% In 2016 To $25.72bn
The seeming gradual growth noticed in Nigeria’s external reserves between September and December have not been sufficient to return it to its 2015 lev...
