Emefiele flaunts his soft spot for non-oil business
Emefiele’s vision for Nigeria’ apex bank for the next five years places high emphasis on non-oil sector of the economy. This is what you get from his speech on the subject delivered in…
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Governor Godwin Emefiele
Naira at six-month high in black market
The naira gained 1.1 percent to a six-month high of N430 per dollar on the black market on Wednesday, traders said.
The central bank has been intervening on the official market to try to…
Don’t panic, says Central Bank of Nigeria governor
Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, yesterday met with 300 of the nation’s business leaders for whom he brought a rather re-assuring word in these times of economic…
Banks flex muscles in tussle for control of naira
Wrapping up a monetary policy speech last week, Nigerian central bank governor Godwin Emefiele declared that the naira, which has crumpled to 190 to the dollar with the drop in oil prices,…
Emefiele rules out naira float
Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), said on Tuesday he would not allow the naira to float freely because it would lead to "major" depreciation of the…