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Godwin Emefiele, CBN Governor.
Central Bank of Nigeria (CBN) Governor, Godwin Emefield, CON, says 2021 is expected t be a yer of active recovery for the global economy and Nigeria must not be left out. He spoke during Vanguard Economic Summit organised in collaboration with the Bankers Committee in Lagos on Friday.
It is indeed a pleasure to participate in this Summit, organized by the Vanguard Newspapers, and please permit me to express my deepest appreciations to a man I have great respect for, the publisher of Vanguard Newspaper, fondly called Uncle Sam Amuka.
I would also like to thank his management team, for their relentless efforts towards the success of today’s event. Given the external and domestic factors that are influencing current outcomes in our economy, I believe this summit presents a significant opportunity to address critical stakeholders on events that are shaping our economy, and the policy responses being embarked upon by the Central Bank of Nigeria to suppo
By Lydia Ngwakwe
Lagos, Feb. 26, 2021 The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele, has urged Bank CEOs and other stakeholders to work together to reset the Nigerian economy to achieve massive growth.
Emefiele gave the advice at a one-day Special Summit on the Economy, organised by the Vanguard Newspaper in collaboration with CBN and Chief Executives of Banks, on Friday in Lagos.
Naija247news reports that the summit has, “How to overcome the Pitfalls of Recession: Bankers perspective on an Enduring National Growth Path,” as its theme.
“Nigeria has grown as far as 5 per cent in the past and I think we have an opportunity now to reset our economy and begin to see massive growth.
FG seeks asset manager for N1 trn infrastructure company
The CBN, the Africa Finance Corporation and the Nigeria Sovereign Investment Authority on Friday called for proposals from qualified asset managers
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The federal government has called for expressions of interest for the appointment of an asset manager for the new Infrastructure Corporation of Nigeria.
The company, InfraCo, approved two weeks ago by President Muhammadu Buhari, was established with a startup funding of N1 trillion for the construction of critical infrastructure projects to help accelerate growth in the country.
Its funding is expected to grow to N15 trillion.
The Central Bank of Nigeria, the Africa Finance Corporation and the Nigeria Sovereign Investment Authority (NSIA) on Friday called for proposals from qualified asset managers active in the infrastructure sector to manage the firm.
Not too many Nigerians expected the nation’s Covid-induced recession which hit the economy in the Third Quarter (Q3) to have disappeared in Q4 with an expansion of 0.11 per cent