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

What Every Brand, Tourism Board, Communications Leader Can Learn from Ojude Oba 2026

The Ojude Oba Festival is no longer merely one...

Understanding Why Corporates Need Credit Rating

As we transition into the second half of 2026,...

SERAP Sues NNPCL Over Alleged ‘Failure to Account for N5.9bn Rebranding Cost’

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

RMB Supports Ministry of Finance Nigeria in Unlocking Regional Trade

RMB recently played a central role in concluding a...

Obasanjo Calls for National Drive to Develop Nigeria’s Adire Industry at Ecobank Adire Lagos Experience

Former President of Nigeria, Olusegun Obasanjo, has called for...

Topics

Airlines May Burn $61bn Cash Reserves in 2nd Qtr over COVID-19

The International Air Transport Association (IATA) published new analysis...

AMCON CEO, Kuru Visits Justice Bulkachuwa, Appeal Court President

Mr. Ahmed Lawan Kuru, Managing Director/Chief Executive Officer, Asset...

Environment Day 2021: Sterling One Foundation Cleans Alpha, Eleko Beaches

By Fabian Ekeruche Sterling One Foundation says it remains unwavering...

Almond Insurance Industry Awards 2023: Nominations Now Open

Nominations for the 2023 Almond Insurance Industry Awards is...

Allianz Nigeria Spreads Holiday Cheer with Christmas Outreach

Allianz Nigeria, a leading insurance company, brought the magic...

Abbey Mortgage Bank Names Mobolaji Adewumi as Acting MD

In the wake of her 30th Anniversary, Abbey Mortgage...

AfDB Approves $1.5bn Fund to Avert Food Crisis in Africa

The African Development Bank (AfDB) has approved the sum...

Eskom cannot be given a new licence to kill

Yesterday, Greenpeace Africa submitted comments to Naledzi Environmental Consultants...