Showing posts with label CBN. Show all posts
Showing posts with label CBN. Show all posts

Monday, 3 August 2015

Sanusi's Sack As CBN Governor Still Affecting Nigeria's Economy, Ex-Bank Chief


Sanusi Lamido
A former official of the Central Bank of Nigeria has stated that the Nigerian economy is still suffering from the effects of the controversial removal of Sanusi Lamido as the bank's governor.

Monday, 20 July 2015

Importers Lament CBN’s Enforcement of Proceeds’ Repatriation Rule

CBN Governor, Mr Godwin Emefiele
At the backdrop of expected positive impact of the recent foreign exchange policy changes by the Central Bank of Nigeria (CBN) on the export sector of the economy, operators in the agro-allied industry, has said they are  losing billions of Naira in revenue daily, a development which has forced many of them out of the business.

Friday, 3 July 2015

Why We Won’t Devalue The Naira – CBN

Emefiele CBN Governor
 The Central Bank of Nigeria, CBN, Friday, disclosed that its decision not to undertake a further devaluation of the naira was borne out of the need to safeguard the Nigerian economy from the shocks and negative impact the depreciation will have on the economy.