The impact of devaluations of the official naira rate by the Godwin Emefiele-led Central Bank of Nigeria (CBN) goes beyond mere statistical comparison...
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Godwin Emefiele Central Bank of Nigeria governor unceremoniously announced 7...
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Vol 62 No 8 |
- NIGERIA
- ECONOMY
Policymakers remain publicly optimistic about Nigeria's prospects although Central Bank of Nigeria governor Godwin Emefiele and the CBN's monetary policy committee still struggle with the trade-off when setting the policy interest rate between encouraging growth and controlling Nigeria's spiralling inflation...
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Ostensibly the visit was to thank Nigerians and their government but Okonjo-Iweala also told Central Bank governor Godwin Emefiele that the WTO had received a complaint from the European Union that Abuja's foreign exchange management system was being used 'improperly' to limit imports from EU suppliers used in Nigeria's dairy industry...
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The government is to provide 1 trillion naira ($26bn) as seed capital for the fund backed by central bank governor Godwin Emefiele...
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Although central bank governor Godwin Emefiele is holding to the line that a formal devaluation of the naira is unnecessary – traders claim it is overvalued by as much as 18% – downward pressure on currency is intensifying...
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Abuja's policymakers forecast real GDP growth of 2% or more while Central Bank of Nigeria (CBN) governor Godwin Emefiele predicts the country will be out of recession by the first quarter (AC Vol 61 No 25 Unbalancing the books)...
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Just as concerning to Buhari Finance Minister Zainab Ahmed and central bank (CBN) governor Godwin Emefiele are Nigeria's struggles with inflation the Naira and foreign exchange reserves revenues and the deficit and the inevitable rise in borrowing to fund the proposed N13...
Tito Ovia: One of the Feminist Coalition's co-founders the young entrepreneur is daughter of billionaire Zenith Bank founder Jim Ovia who is not only related to Central Bank of Nigeria Governor Godwin Emefiele but used to be his boss...
The modest impact so far of stimulus and related policy measures championed by the finance ministry Central Bank of Nigeria (CBN) governor Godwin Emefiele and Vice-President Yemi Osinbajo's Nigeria Economic Sustainability Plan (NESP) is accompanied by fears over fast-rising public debt and fiscal deficits...
