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Category Godwin Emefiele

Nigerian Central Bank Says Amended CBDC Model to Ensure Increased Volumes and Wallet Activity

Nigerian Central Bank Says Amended CBDC Model to Ensure Increased Volumes and Wallet Activity

The Nigerian central bank has said it is amending the model of its central bank digital currency and is hopeful that such an exercise will result i...
Nigerian Currency Falls by More Than 30% After Central Bank Announced New Forex Market Rules

Nigerian Currency Falls by More Than 30% After Central Bank Announced New Forex Market Rules

The Nigerian currency’s official exchange rate versus the greenback recently plunged to NGN634 per dollar from just under NGN470 per dollar. The ce...
Security Agency Detains Nigeria’s Suspended Anti-Bitcoin Central Bank Governor

Security Agency Detains Nigeria’s Suspended Anti-Bitcoin Central Bank Governor

The Central Bank of Nigeria governor, Godwin Emefiele, was suspended by Nigerian President Bola Ahmed Tinubu on June 9 and was subsequently arreste...
Nigeria’s Central Bank Governor: Nigerian Banks not directly linked to Silicon Valley Bank

Nigeria’s Central Bank Governor: Nigerian Banks not directly linked to Silicon Valley Bank

The Central Bank of Nigeria’s Governor recently reported that a review of Nigerian banks’ bond portfolios revealed no direct exposure to Silicon Va...
US Banking Crisis: Nigerian Banks Not Directly Exposed to SVB Says Central Bank Governor

US Banking Crisis: Nigerian Banks Not Directly Exposed to SVB Says Central Bank Governor

A recent review of Nigerian banks’ bond portfolios showed that the institutions were not directly exposed to Silicon Valley Bank, the governor of t...