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

Nigeria’s Nuclear Ambitions Boosted as Akkuyu NPP Unit 1 Construction is Completed

Nigeria is steadily advancing toward the development of its...

NHIA, ‎PTAD, Universal Insurance Sponsor NAIPE 2026 AGM

‎The National Health Insurance Authority (NHIA),‎ Pension Transitional Arrangement...

Stanbic IBTC Bank Nigeria PMI: New Orders Continue to Rise Sharply in June

Improving demand conditions helped to support further increases in...

Leadway Health: HMO of the Year Award for 4th Consecutive Time at 2026 Nigerian Healthcare Excellence Awards

Leadway Health, one of Nigeria’s premier health insurers and...

CBN Revokes Licences of 46 Microfinance Banks Nationwide

  The Central Bank of Nigeria (CBN) has revoked the...

Topics

Royal Exchange General Insurance Rebrands, Unveils New Identity, Promises Better Deal for Policyholders

Royal Exchange General Insurance Company (REGIC), one of Nigeria’s...

CAMCONIA Holds Annual Retreat August 22 in Abeokuta

The Corporate Affairs Managers Committee of the Nigerian Insurers...

Nigeria’s Power, Finance and Energy Investors to Parley FG in Oct

Leading development finance institutions and heads of Nigeria’s most...

NAICOM, Abuja Metropolitan Council to Partner on Compulsory Insurances

The Management of Abuja Metropolitan Management Council (AMMC) led...

PR in Africa: The Way Forward in 2017

Looking to 2017 and beyond, Africa’s prospects are positive. According...

Allianz, Sanlam Joint Venture Targets 29 Markets in Africa

Mr. Amine Benabbou Head of Business Division, Africa and Middle...

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

Local Bourse Extends Losses into 2nd Consecutive Session

In today’s session, sustained sell pressures amidst weak investor...