
CBN Gov Urges Urgent Diversification of Nigerian Economy The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has stressed the urgent need to diversify the Nigerian economy into other areas other than oil, even as he disclosed that the diversification efforts of the apex bank have begun to yield results, especially in
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Reps Consider Bill to Bar CBN Chiefs from Partisan Politics The House of Representatives has begun the process of disqualifying politicians and persons with political affiliations from taking leadership positions in the Central Bank of Nigeria, CBN. Serving top officials of the apex bank will also be barred from politics. This is being proposed in
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CBN Raises Interest Rate to 14% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 14%. The chair of the Committee and Governor of CBN, Godwin Emefiele, disclosed this during a post-MPC briefing in Lagos. The interest rate, which was pegged at 11.5% for
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CBN Raises Interest Rate to 13% The Monetary Policy Committee of the Central Bank of Nigeria, CBN has voted unanimously to raise the benchmark interest rate to 13% after two and half years of expansionary monetary policy. This was disclosed by the Governor of the CBN, Godwin Emefiele, while reading the communique of the 142nd
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Buhari Orders CBN Gov, Emefiele, Heads of Agencies, Others to Resign The Federal Government has directed serving ministers in the cabinet, heads of government agencies, ambassadors and other political appointees with political ambitions in 2023 to resign from the government. The circular, dated May 11, 2022, with Ref. No.SGF/OP/l/S.3/Xll/173, was issued by the Secretary to
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2023: CBN Gov, Emefiele Dispels Presidential Ambition Rumours The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele, has dispelled widespread rumours that he would be contesting for office of the president in the 2023 general elections . This is coming on the heels of widespread, diverse reactions to his purported purchase of
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