Tags: godwin emefiele

PDP Demands Investigation of CBN Governor

The Peoples Democratic Party has called for the immediate resignation and prosecution of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The call is against the background of allegations made by the All Progressives Congress (APC) that Mr.  Emefiele superintended over massive looting of funds in the Apex Bank. The party made…

CBN Selects Technical Partner For Digital Currency Project

The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc., as the Technical Partner for its digital currency, named eNaira, which is due to be unveiled later in the year. This development was disclosed in Abuja by the Governor of the Central Bank, Mr. Godwin Emefiele, who…

Finally, Dangote Fertiliser Commences Production Of Urea

To the admiration of key financial sector operators present, the Dangote Fertilizer Limited announced over the weekend the formal commencement of production of Urea in commercial quantity and the plan to hit the Nigerian market on Monday. In what industry watchers have described as a potent step to liberalize of the fertilizer market and further…

Dangote Grooms Nigerian Engineers to Manage Refinery Complex on Completion

The Management of Dangote Oil Refinery is preparing young Nigerian graduates to take over the management of its 650,000 barrels per day single train refinery when it becomes operational in 2022. Already, the company has trained several Nigerian engineers in some of the world’s biggest refineries in India and other parts of the world to…

Refinery: FG Will Source Forex from Dangote–CBN Gov

The Federal Government will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter’s refinery, petrochemicals and fertilizer projects come on stream. This potential reversal of roles was disclosed by the Central Bank Governor, Mr. Godwin Emefiele, after he spent over four hours touring the ongoing Dangote Refinery, Petrochemicals, Fertilizer projects…

Economy: Senate Summons Adeosun, Emefiele

Minister of Finance, Mrs Kemi Adeosun, has been ordered to appear before the Senate to explain what is happening to the country’s economy. Also asked to come for questioning is the governor of Central Bank of Nigeria, CBN, Godwin Emefiele. The lawmakers, at the plenary on Wednesday, May 25, 2016, expressed their displeasure with the…

Heritage Bank Vows To Reposition Acquired Enterprise Bank

The Managing Director of Heritage Bank, Ifie Sekibo, has promised to ensure the newly acquired bank, Enterprise Bank, will become more successful. This assurance will interest customers of the bridged bank, who before now many be nursing some fears. Sekibo made this disclosure on Tuesday in Lagos at the Board Divestment Closure ceremony organised by…