Reps summon Emefiele, Attahiru over arms expenditure as Gbajabiamila deplores insecurity
The Olaide Akinremi-led Ad Hoc Committee of the House of Representatives has summoned Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, for allegedly refusing to account...
Emefiele justifies CBN printing more money to finance Nigeria
Nigeria central bank boss Godwin Emefiele has justified why the bank is printing more money to finance the federal government budget. “If government cannot finance all its obligations,” the central bank should offer support as a lender of last resort, Emefiele said in a press briefing on Tuesday. Emefiele is reacting to claims by a…
Nigeria launches “Purely” market-driven forex trading
“The market shall operate as a single market structure through the interbank and autonomous window. The exchange rate will be purely market-driven,” Emefiele told reporters.