Recapitalization may further squeeze lending regime to private sector—Expert
More reactions have continued to come from the unveiled five-year monetary roadmap for the economy by the Central Bank of Nigeria’s (CBN) Governor, Godwin Emefiele. A development economist, Mr Johnson Adeoye, told Business Hilights in a telephone interview that “The…
CBN Gov. Emefiele, rubbishes chances of hope for the economy, but…
Contrary to high hopes of Nigerian economic analysts that the reappointed governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, will present a message of hope in his five-year monetary policy roadmap for the apex bank, he has…
Fidelity, NIPOST to drive financial inclusion via agent banking nationwide
Leading retail banking giant, Fidelity Bank Plc, Thursday in Abuja, sealed agency banking partnership with NIPOST as part of drive to deepen financial inclusion across the country. Giving insights at the official launch of the Agency Banking Partnership with the…
Pay contractors to reduce NPL pressures on Nigerian banks, CBN tells FG
A Deputy Governor of the Central Bank of Nigeria (CBN), who doubles as member of the Monetary Policy Committee (MPC), Mr. Edward Lametek, has made it clear that “payment of contractor debts by the Federal Government would go a long…
CBN mulls unconventional policies to insulate economy from global shocks—Gov
Making his first outing away from Abuja since his swearing in for second term in Lagos, the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has hinted of plans in his second term to deploy what he described…
New roadmap for the CBN, economy coming—Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has hinted that in days to come, his new roadmap for the apex bank and the struggling economy will come. Speaking briefly after taking oath for his second…
PMB’s renewal of Emefiele’s job at CBN linked to ending Igbo marginalization
President Muhammadu Buhari, Thursday asked Senate to confirm the appointment of Mr Godwin Emefiele as Central Bank of Nigeria (CBN) Governor for the second and final term of five years. However, whereas sources close to the Presidency apparently linked the…
Banning textile imports before empowering cotton farmers wrong approach—Expert
Development economists and Lagos industry affairs analyst, Dr Isaac Mammah, has faulted the Central Bank of Nigeria (CBN) in first halting importation of textiles and allied materials before beginning to plan for the revival of cotton farming. He said “For…
CBN’s CIFI may resuscitate ailing SMEs, start-ups if…—Dev Economist
A Lagos Development Economist, Dr Leonard Dakoru, has hailed the recent effort of the Central Bank of Nigeria (CBN) in the flotation of Creative Industry Financing Initiative (CIFI) funding scheme for SMEs and start-ups. The scheme which is designed to…
‘Banks’ continuing deductions for Stamp Duty due to no directive to stop yet’
Contrary to the explicit pronouncement of a competent court of jurisdiction stopping the deductions of Stamp Duty in favour of the Federal Government, Nigerian banks’ are yet to comply, Business Hilights Intelligence Unit (BHIU) can authoritatively report. Some of the…
