Senate okays CBN Governor Emefiele for five more years - The Nation Newspaper

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Senate okays CBN Governor Emefiele for five more years

They said his retention on the job would not only ensure stability in policies, but boost foreign investors’ confidence in the economy.

According to Czartoryski, the market is already seeing the modest ‘Emefiele effect’ as yields on T-Bills and bonds declined across the board.

Also speaking, the Association of Bureau De Change Operators of Nigeria , said that the reappointment and confirmation of Godwin Emefiele as the CBN Governor for another term will sustain stability in the foreign exchange market. Okafor appealed to the CBN governor to initiate other agriculture friendly programmes and also support the Bank of Agriculture with funds to enable farmers’ access to agriculture loans.

“On assumption of office as the Governor of the Central Bank, the nominee brought a number of initiatives, which positively impacted on the Nigerian economy and boosted the revenue generation through promotion and ensuring the adherence to accessibility and transparency of government finances.”

 

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