Banking Business

Annual banking confab critical to building sustainable financial system – CIBN

Ihesiulo Grace 4 September 2019 0

Temitope Adebayo The Chartered Institute of Bankers of Nigeria (CIBN) has said that it set to hold the 12th Annual Banking and Finance Conference at the Transcorp Hilton Hotel, Abuja on September 24-25, 2019, to brainstorm on strategic issues that are critical to building a sound and

Business Food & Nutrition

Review forex restriction for milk importation, NECA charges CBN

Ihesiulo Grace 2 August 2019 0

Motolani Oseni The Nigeria Employers’ Consultative Association (NECA) on Thursday has called on the Central Bank of Nigeria (CBN) to, in the interim, suspend the planned foreign exchange restriction for milk importation. Speaking at a Business Forum in Lagos, Director-General of NECA, Mr Timothy Olawale, explained on the need to gauge the suitability or otherwise […]

Business

Emefiele identifies funding, electricity supply, others as challenges to

Ihesiulo Grace 23 May 2019

Motolani Oseni The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has identified access to finance and a conducive environment with constant electricity supply for uninterrupted production, as part of the biggest challenges faced by Micro, Small and Medium Scale Enterprises (MSMEs) in the country. The CBN Governor, however, assured entrepreneurs set

Business

CBN to revive textile firms, as smuggling of textiles gulp over $2.2bn

Ihesiulo Grace 17 May 2019

Temitope Adebayo In a renewed determination to revive the textile industries, the Central Bank of Nigeria (CBN) on Thursday set machinery in motion to revive at least 20 textile companies by December this year, even as smuggling of textile goods alone has been estimated to cost the nation over $2.2billion. At the inauguration of Textile […]

Business

Finance Minister urges govts to create economic opportunities for women

Ihesiulo Grace 20 March 2019

Mathew Dadiya- Abuja The Minister of Finance, Mrs Zainab Shamsuna Ahmed has called on governments at the various levels to put measures in place for strategic approach towards establishing gender parity in the society by providing more economic opportunities to women. The Minister said this on Tuesday in her keynote address during the Central Bank […]

Business

CBN lays out rescue plan to end oil palm importation

Ihesiulo Grace 19 March 2019

…Bemoans loss of $10bn Forex earnings from Oil Palm value chain Mathew Dadiya- Abuja The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, on Monday, laid out another rescue plan for oil palm production, and ended the importation of the product into the country. This is even as the CBN Governor lamented the loss […]

Business Labour

Pensioners petition Emefiele on payment of benefits

Ihesiulo Grace 5 March 2018 0

Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has been petitioned by pensioners of the apex bank, urging him to expedite action on payment of their benefits, as contained in the two-point agreement reached on March 1, 2017 between management and pensioners. The former CBN workers contended that non-implementation of the agreement had […]

Business Headlines News

Economy remains strong despite MPC postponement

Ihesiulo Grace 22 January 2018 0

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has allayed the fears of Nigerians and the international community over the inability of the Bank to hold the Monetary Policy Committee (MPC) meeting earlier scheduled for Monday, January 22 and Tuesday, January 23, 2018 due to the non-confirmation of the MPC nominees […]

Business News

CBN Governor, Peterside disagree on way out of nation’s economic woes

Ihesiulo Grace 19 January 2017 0

The Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, Thursday sharply disagreed with an investment banker and Chairman of the Stanbic IBTC Bank, Mr. Peterside Atedo, over some recommendations by the latter on how the nation’s economy could be moved out of its present economic doldrums. This is even as the Minister […]