Godwin Emefiele

Anyaoku, Emefiele, Sirika, Wigwe Others Get National Honours As Buhari Exits Office

May 28, (THEWILL) - Just a day to the official exit of President Muhammadu Buhari as President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, a former Secretary-General of the Commonwealth Nations, Emeka Anyaoku; the...

CBN Revokes Licences of 132 Microfinance Banks, Others

May 23, (THEWILL) - The Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country. The revocation exercise was disclosed in the official gazette of...

Emefiele Applauds Dangote’s Commitment to Credit Worthiness, Says Huge Portion of $18bn Refinery Loans Repaid

May 22, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has commended the Dangote Group for establishing a reputation for credit worthiness. He also disclosed that a huge portion of the commercial loans extended to the group...

Dangote Petroleum Refinery: Concerns, Doubts as Buhari Performs Symbolic Commissioning

Nigeria on Monday, May 22, 2023 will score a global first, a huge turning point in her 62 years of chequered history. On that day, Dangote Petroleum Refinery, the world’s largest single-train 650,000 barrels per day petroleum refinery with...

RT 200: CBN Revises Operating Guidelines For Rebate Scheme

May 18, (THEWILL) - The Central Bank of Nigeria (CBN) has modified the operating guidelines for the RT200 Non-Oil Export Rebate scheme as contained in its earlier circular of February 25, 2023. The Bank said in a circular released Thursday...

CBN Unveils e-Learning Platform, ‘SabiMONI’, to Promote Financial Inclusion, Literacy

May 16, (THEWILL) - The Central Bank of Nigeria (CBN), on Monday unveiled an e-learning platform, SabiMONI, to promote financial literacy and to deepen financial inclusion. Speaking at the ceremony, the CBN Governor, Mr Godwin Emefiele, said that the platform...

Misplaced Reactions to NASS Approval of N22.7trn Ways And Means Loan

The approval given recently by the National Assembly on the Ways and Means Finance, which has lingered since 2022 when it was submitted by the Executive, has generated some controversies. The approval was stood down, we were told, because the...

UPDATED: Export Proceed Repatriation Rose 40% to $5.6bn in 2022 – CBN

May 09, (THEWILL) - The Central Bank of Nigeria (CBN) has said that proceeds of non-oil exports repatriated under the RT200 programme increased by 40 percent to $5.6 billion in 2022 as against $3.0 billion in 2021. This was...

Bandits Are Back And Bolder

For an appreciable period during the currency swap from February to April, there was a drastic reduction in crime across the country. Pickpockets went on recess. Burglars didn’t dare break into houses because there was nothing to steal. Bandits...

We’re Addressing Payment System Challenges – CBN

May 03, (THEWILL) – The Central Bank of Nigeria (CBN) says it is tackling threats to payment system in order to advance the cashless policy and deepen financial inclusion. The Governor, CBN, Mr Godwin Emefiele, disclosed this in his...
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Trump Orders Flags Lowered in Honor of Dolly Parton as Tributes Pour In Worldwide

Trump called Parton “one of the greatest Country Music Singers of all time” and said her passing was “a loss for millions of people around the world.”
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