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.

Hot this week

PufferPay CEO, Emmanuel Ovaga, to Keynote Business Journal Fintech & Financial Inclusion Roundtable 2026

Mr. Emmanuel Ovaga, the Chief Executive Officer (CEO) of...

SERAP asks Akpabio, Abbas to Explain ₦1.3bn Allocation to ‘Fictitious Presidential Council’

The Socio-Economic Rights and Accountability Project (SERAP) has urged...

FG to IMF: Response to Recent Misrepresentations on Public Expenditure

The Federal Government has noted recent public commentary alleging...

Topics

Stanbic Bank Report: Business Conditions Improving at Weaker Pace

 The Nigerian private sector remained in growth territory in...

Leadway Assurance Unveils Adebisi Lamikanra as First Female Board Chairperson

Leadway Assurance, Nigeria's leading insurance company, has announced the...

‘Why Nigerian, African Varsities Rank Lowly Globally’ – Ghana VC

Leading African Development Economist and Vice Chancellor of University...

AIICO Maintains Strong Growth Trajectory, Records N12bn Profit

Front row (L-R): Dr. Donald Kanu (Company Secretary); Mr....

Ecobank Nigeria Launches Upgraded Mobile App for Faster, Smarter Banking Experience

Ecobank Nigeria, a subsidiary of the leading pan-African banking...

Sterling Bank Names First Beneficiaries of ₦2B ‘Beyond Education’ Fund

Sterling Bank, Nigeria’s leading financial institution, has announced the...

Ford Unveils SHE-MOVES Empowerment Programme in Lagos

Ford has officially launched SHE-MOVES (Strengthen Her: Mobilising Ventures...

Varsity Don Tasks Nigerians on Protein Consumption

In furtherance of efforts to stem the tide of...