Tag Archives: Godwin Emefiele

First Bank of Nigeria Limited, on Thursday, organized a webinar to address Nigeria Economic Outlook for 2022 which was themed “Rearview look at 2021, lessons learnt – Outlook 2022”. The webinar had over 2000 participants across the globe. The bank introduced the initiative to set the tone for the year through …

Bismark Rewane, the Managing Director/Chief Executive Officer of Financial Derivatives Company Limited has stated that fintech and mobile payments will increase during the year Mr Rewane made this statement while giving an outlook on the Nigerian economy in 2022 at the First Bank Nigeria Economic Outlook held on Thursday, themed, “A …

The Chief Executive Officer of Financial Derivatives Company, Mr. Bismarck Rewane, is projecting that the Central Bank of Nigeria will devalue the naira along the parallel market rate which may settle at N565 against the dollar by the end of 2022. The FDC boss stated that spending on political campaign …

As the Super Eagles gear up for AFCON 2022, the official communications partner of the Nigeria Football Federation (NFF), MTN Nigeria, has restated its confidence in the ability of the team to go all the way and win the ultimate prize. The tournament commenced on Sunday, January 9, 2022. Cheering …

Governor of the Central Bank of Nigeria, Godwin Emefiele, on Saturday, said that the Federal Government needed about US$100 billion annually to address the nation’s infrastructure deficit. Emefiele made the disclosure at the 30th Anniversary Conference and Awards of the Finance Correspondents Association of Nigeria at Dover Hotel, Ikeja, Lagos. …

The Central Bank of Nigeria (CBN) has called for the support of the International Air Transport Association (IATA) to curb ‘Ticket renting’ in Nigeria. Ticket renting is a nefarious activity where air tickets are being issued to unscrupulous persons for the fraudulent purchase of BTA and then voided once the …

The recent furore surrounding the viability of foremost financial institution, First Bank of Nigeria Ltd. (FBN) seems to have taken a turn for the worse with the company’s Fitch Ratings dropping to B -. Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and …

The Central Bank of Nigeria has warned Nigerians to be wary of the activities of speculators who sought to manipulate the market for unpatriotic reasons. In a statement by the Spokesman of the Central Bank of Nigeria, Mr Osita Nwanisobi, on Tuesday titled ‘CBN spokesman faults calls for gov’s resignation’, …

The Central Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele said the apex bank supported disbursed N134.57 billion to 38,140 beneficiaries under the Agribusiness/Small and Medium Enterprise Investment Scheme (AGSMEIS). Speaking after the Monetary Policy Committee (MPC) meeting in Abuja, he hinted that under the Targeted Credit Facility (TCF), a sum …

The Central Bank of Nigeria (CBN) is investigating Oniwinde Adedotun, the founder of abokiFX, TheCable reports. Sources within the apex bank told TheCable on Thursday night that Adedotun and abokiFX Limited are currently under investigation for “illegal foreign exchange transactions”. AbokiFX is a web platform that reports movements in the foreign exchange …