According to a source, Emefiele confirmed this at an ongoing Association of Assets Custodians of Nigeria conference in London on Thursday morning.However, a source at the CBN said no official announcement has been made within the bank.
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Semi-finalists emerge at 2019 CBN Junior Tennis tourney – Daily TrustThe top seeds at the ongoing CBN Junior Tennis Championship have qualified for the semi-finals after the final group round-robin decisive matches that took place yesterday in Lagos. In the Girls 16 where four girls – Rebecca Ekpenyong, Omolayo Bamidele, Omolade Aderemi and Favour Moses – have come to regard semi-final places as their birthright, …
Source: Daily Trust - 🏆 13. / 51 Read more »
Forex: CBN intervenes with $271.83m, CNY41.14m – Daily TrustThe Central Bank of Nigeria (CBN), on Friday, made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign Exchange market totaling $271.83 million and CNY41.14m. The Director, Corporate Communications at the CBN, Mr. Isaac Okorafor, also confirmed that CNY41.14m was for payment of Renminbi-denominated Letters of Credit for agriculture, as well as …
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CBN moves to revive cotton production – Daily TrustThe Central Bank of Nigeria, CBN-Anchor Borrower programme is intending to improve cotton production from 80,000 tonnes produced... We've finally woke up Good thinking. This is a good move, if sustained it will go a long way in reducing unnecessary pressure on naira due to importation of finished textile products, arrest unemployment and most importantly reactivate the northern economy and Nigeria as a whole...
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Nigeria spends $4bn on importation of textile materials, ready-made clothing—CBN – Daily TrustThe Central Bank of Nigeria (CBN) says, Nigeria currently spends about $4 billion on importation of textile materials and ready-made clothing annually. The CBN Governor, Godwin Emefiele, made the disclosure on Monday in Katsina, in a keynote address during the flag -off of the distribution of high yielding cotton seeds and other farm input to …
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Ibrahim scoops MVP award at CBN Junior tennis tourney – Daily TrustPopularly called Fulani boy, Suleiman Ibrahim from Abuja got a standing ovation from the over 800 spectators at the just concluded Central Bank of Nigeria, CBN Junior Tennis Championship in Lagos when he was called up as the most outstanding player (MOP) in the boys’ events. Suleiman had lost in the boys 16 finals to …
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Lagos, Ekiti, FCT, others shine at 13th CBN Junior tennis tourney – Daily TrustYoung tennis players from at least six states including the Federal capital Territory, FCT, shone brightly at the just concluded 13th Central Bank of Nigeria, CBN, Junior Tennis Championship staged in Lagos. The weeklong championship which served off on April 28 at the Lagos Lawn Tennis Court Tafawa Balewa Square had over 15 states in …
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Textile smuggling: CBN commences investigation of dealers’ bank accounts – Daily TrustThe Governor of Central Bank of Nigeria (CBN) Mr. Godwin Emefiele has said the apex bank is currently investigating the accounts of individuals and corporate organisations currently involved in smuggling and dumping textile materials into Nigeria. Mr Emefiele disclosed this yesterday when he flagged-off the distribution of cotton seeds and other inputs to over 100,000 …
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Emefiele’s strides at CBN – Daily TrustThe tenure of the current governor of the Central Bank of Nigeria (CBN), Godwin Emefiele is due to end in a couple of weeks, June 3, 2019 to be precise. By then, he would have done five years in office. Emefiele has no doubt done extremely well against all odds, all in all. Though some …
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N2.15bn currency in circulation in March – CBN – Daily TrustThe Central Bank of Nigeria yesterday put the total value currency in circulation as of March this year at N2.15 billon. Mrs Eli Kwaghe of the Currency Operation Department of the CBN disclosed at a two-day CBN fair in Makurdi in Benue State.ADVERTISEMENT She said: “8.88 billion pieces valued at N2.15 billion currency in circulation …
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CBN to publish names of individuals, companies involved in smuggling - Daily Post NigeriaThe Central Bank of Nigeria, CBN Governor, Mr. Godwin Emefiele says names of individuals and companies involved in smuggling and dumping textile materials I hope it includes the names of all those okada riders smuggling bags of rice into the country from the Northern borders
Source: DailyPostNGR - 🏆 11. / 59 Read more »
CBN, 14 banks react to N1bn Imo judgement debt - Daily Post NigeriaThe Central Bank of Nigeria (CBN) and 14 other banks out of the 17 ordered by an FCT High Court to show cause why plea for garnishee of accounts operated b
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