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Buhari Salutes Emefiele's Patriotic Services at 60 - Vimarsana News

Buhari Salutes Emefiele's Patriotic Services at 60

•Sanwo-Olu: He is an invaluable asset to Nigeria Deji Elumoye President Muhammadu Buhari today congratulated the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, and wished him well on his 60th birthday. Buhari appreciated the economist and banker for his patriotic service to the country at a time of difficult economic challenges. The president prayed that Emefiele’s efforts would yield positive dividends for the generality of Nigerians to reap from. Buhari equally wished the CBN governor good health and greater service to fatherland. In a congratulatory letter t...

Utilise FG's NISRAL, NAIC Policies AFAN Urges Farmers - Vimarsana News

Utilise FG's NISRAL, NAIC Policies AFAN Urges Farmers

Gilbert Ekugbe The Women Leader, All Farmers Association of Nigeria (AFAN) and Director-General/ National Coordinator, LUGAVO, Hajia Halima Njobdi has urged farmers to take advantage of the federal government’s Nigeria Incentive-Based Risk Sharing System for Agricultural Lending and the Nigerian Agricultural Insurance Corporation (NAIC) to safeguard risks exposures of their farming businesses post COVID-19. She added that with the adverse impacts of the COVID-19 pandemic and worsening security challenges in Nigeria’s agric sector, Nigerian farmers have been advised to key into the insuran...

In major policy shift, CBN cancels N2.3 trillion forex sales to BDCs - Vimarsana News

In major policy shift, CBN cancels N2.3 trillion forex sales to BDCs

Economists and financial experts interviewed by Daily Trust expressed mixed feelings about the new policy and its immediate and long term implications. They predicted a shock that will further shot up the dollar rates at the parallel market, which will stabilise in the long run. They also blamed the CBN for the downside of the expunged practice. Emefiele also said the CBN will no longer continue registration of new BDCs as subsequent forex will be channelled through commercial banks. The CBN governor said as part of the new forex sales policy, all commercial bank branches will create a separ...

Analysts Back Emefiele on Growth Potential in Agriculture Sector - Vimarsana News

Analysts Back Emefiele on Growth Potential in Agriculture Sector

James Emejo Analysts yesterday backed the views of the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, that the country may record significant strides within the next three years in current efforts to reposition the agricultural sector for greater growth. Emefiele, had during the recent inauguration of the maiden integrated farm estate established by the National Agricultural Land Development Authority (NALDA) in Daura, Katsina State, expressed optisimism that the combined efforts of the apex bank and the authority in making land and credit available to farmers will furthe...

Emefiele Predicts Agricultural Revolution Within Three Years - Vimarsana News

Emefiele Predicts Agricultural Revolution Within Three Years

James Emejo The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday, said the country was likely to make significant strides over the next three years in repositioning the agricultural sector for greater growth. He said the combined efforts of the apex bank and the National Agricultural Land Development Authority (NALDA) in making land and credit available to farmers would further add to the gains so far recorded through the bank’s intervention support in the sector. The CBN governor, at the inauguration of the maiden integrated farm estate established by NALDA in Daur...