Saturday, January 17, 2026
34.7 C
Lagos

Emefiele Re-appointed for 2nd Term as CBN Governor

Mr. Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) has been re-appointed for second term in office by President Muhammadu Buhari. His first tenure is due to expire in June 2019.

The Presidency has already dispatched the letter nominating Emefiele for second terms as CBN governor to the Senate for confirmation.

Some of the notable policies of Emefiele in the first term include forex management, restriction in the importation of various items that could be produced locally to reduce out-flow of foreign exchange and the Anchor Borrowers Programme (ABP) to support the growth of the agricultural sector in Nigeria.

spot_img
spot_img
spot_img

Hot this week

State Police and the Questions Nigeria Can No Longer Avoid

By Tosin Osasona Nigeria’s post-1999 democratic era has coincided with...

NESG Hosts 2026 Macroeconomic Outlook, Highlights Growth Prospects, Reform Consolidation

L-R: Mr. Omoboyede Olusanya, Vice Chairman II, Nigerian Economic...

Rand Merchant Bank Nigeria Acts as Lead Issuing House on the N236bn PRESCO Rights Issue

Rand Merchant Bank Nigeria Limited is pleased to announce...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

Aviation: Five Key Risks That Will Shape 2026

By Marie Owens Thomsen Senior Vice President, Sustainability & Chief...

Topics

Heritage Bank CEO: ‘SMEs Need Digital Identity to Access Credit’

The Nigerian government must resolve the identity management system...

NNPC May Tap N94.5bn Reserve to End Fuel Scarcity

There are strong indications that the Nigerian National Petroleum Corporation (NNPC) may sought relieve from the nation’s strategic reserve estimated at N94.5 billion worth of PMS (petrol) to cushion the effect of the current fuel scarcity nationwide. The NNPC says the nation has enough stock of petrol in Port Harcourt, Warri and Calabar to service the country for 27 days at a national consumption rate of 40 million litres per day even as it has stepped up other efforts to end the distribution challenges in the fuel supply system.

Equities Market Sustains Gains… NSE ASI up 1.74%

The local bourse opened the week sustaining the positive momentum...

FG: “Only 7 Agencies Authorised at Ports”

The Management of the Nigerian Ports Authority (NPA) has...

‘Nigeria’s Company Income Tax Amongst Highest in the World’–Oyedele

Nigeria has one of the highest company income tax...

Impact Investors Annual Awards to Celebrate Social Impact Heroes

The Impact Investors Foundation, Nigeria’s leading platform for unlocking impact...

Orange Unveils Winners of 7th Social Entrepreneur Prize

Yesterday, Orange announced the winners of the 7th Orange...

Access Bank Poised for Greater Performance Beyond H1-18 Result

Access Bank Plc in its latest result for H1-2018,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img