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Godwin Emefiele News - Page 10

CBN’s Move To Defend Naira Against Dollar Affects External Reserves, Drops $337 million In Two Weeks

The Central Bank of Nigeria (CBN) has taken foreign exchange out of the external reserves to defend the naira against the dollar, resulting to the reserves depleting by $337 million. According to data from the central bank, it was gathered that the

August 16, 2022

Governor of Nigerias Central Bank Godwin Emefiele

Business

CBN’s Emefiele Defends Rising Debt Under Buhari, As World Bank Ranks Nigeria Fourth Chronic Debtor

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has defended the rising debt under President Muhammadu Buhari, stating that borrowing is an essential part of running a government. Emefiele said it is not a crime to borrow, as debt

August 12, 2022

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Currency

CBN Blames NNPC, Two Others, As Dollar Sells For N718

The Nigeria National Petroleum Company (NNPC) Limited has been blamed by the Central Bank of Nigeria (CBN) for scarcity of dollar and depreciation of the naira in recent weeks. Nigeria’s financial regulator made the statement on Friday after the exchange rate of

July 29, 2022

Naira Opens Week With Gain Across FX Markets

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Sells For N707, As Senate Wants Scapegoat For Weak Naira

July 27, 2022 Dollar Update: The exchange rate of the dollar in Nigerian currency, naira, finally crossed the N700 mark on Wednesday in the black market, as demand for the United States legal tender skyrocket. At the close of business hour, Bureau

July 28, 2022

Business·Currency

Senate Summons Emefiele Over Rising Dollar Rate, Lists 2 Things CBN Must Do

Nigerian Senate has summoned Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the depreciating rate of the naira, as Senator Biodun Olujimi, said someone must be punished. Emefiele was summoned following a motion raised by lawmaker representing Ekiti north,

July 27, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Black Market Dollar To Naira Exchange Rate: $1 Nears N700, As CBN Continues To Snub BDC Operators

July 25, 2022 Dollar Rate Update: Bureau De Change operators increased the cost of buying dollar by 1.65% on Monday, as demand overwhelms availability in the black market, amid lack of support from the Central Bank of Nigeria (CBN). The BDC operators

July 26, 2022

Business·News

CBN Fined N100,000, As Emefiele Moves To Stop Pension Payment To Former Governor, Three Others

The Central Bank of Nigeria (CBN) has filed a stay of execution at the National Industrial Court, to stop the payment of pension arrears to former Taraba governor, Jolly Nyame, and three others. On July 12, 2019, Justice Sanusi Kado had ordered

July 26, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Rate Skyrocket, As CBN Interventions Fail

July 22, 2022 Dollar Rate Update: The investors & Exporters window reported foreign exchange suppliers increased the cost of exchanging dollar by 0.94% on Friday in the official forex market, as supply dropped during the trading session. It was gathered that dollar

July 25, 2022

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Black Market Dollar To Naira Exchange Rate: Investors Hike Cost Of Dollar, As Emefiele Threatens Buyers

July 20, 2022 Dollar Update: The dollar gained against the naira on Wednesday in the official market of the Investors and Exporters (I&E) window, rising by 0.51% in value, as foreign currency supply drops. After the trading session, the Nigerian currency exchanged

July 21, 2022

News

Nigerians React To Godwin Emefiele’s Threat Over Buying Dollar With Naira

Nigerians are criticising the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for his plan to go after persons selling naira to buy dollar amid scarcity of foreign currency. Prime Business Africa had reported earlier on Wednesday that Emefiele said

July 20, 2022

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Godwin Emefiele News - Page 10

CBN’s Move To Defend Naira Against Dollar Affects External Reserves, Drops $337 million In Two Weeks

CBN’s Emefiele Defends Rising Debt Under Buhari, As World Bank Ranks Nigeria Fourth Chronic Debtor

CBN Blames NNPC, Two Others, As Dollar Sells For N718

Black Market Dollar To Naira Exchange Rate: Dollar Sells For N707, As Senate Wants Scapegoat For Weak Naira

Senate Summons Emefiele Over Rising Dollar Rate, Lists 2 Things CBN Must Do

Black Market Dollar To Naira Exchange Rate: $1 Nears N700, As CBN Continues To Snub BDC Operators

CBN Fined N100,000, As Emefiele Moves To Stop Pension Payment To Former Governor, Three Others

Black Market Dollar To Naira Exchange Rate: Dollar Rate Skyrocket, As CBN Interventions Fail

Black Market Dollar To Naira Exchange Rate: Investors Hike Cost Of Dollar, As Emefiele Threatens Buyers

Nigerians React To Godwin Emefiele’s Threat Over Buying Dollar With Naira

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