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Obinna Chima reviews the stewardship of the Central Bank of Nigeria Governor, Mr. Godwin Emefiele seven years since he assumed the mantle of leadership The Central Bank of Nigeria (CBN) Act of 2007 charges the banking sector regulator with the overall control and administration of the monetary and financial sector policies of the federal government. Although the four key objectives of the CBN includes to ensure monetary and price stability; issue legal tender currency in Nigeria; maintain external reserves to safeguard the international value of the legal tender currency; promote a sound fina...

Speaking at the bank’s special day at the ongoing 42nd Kaduna International Trade Fair yesterday, Mr. Osita said the bank also reduced its interest rate on CBN intervention loans from 9 to 5 percent and initially created a N150 billion Targeted Credit Facility (TCF) for affected households and SME’s through the NIRSAL microfinance Bank. Represented by the Branch Controller, Kaduna, Ahmed Mohammed Wali, he said the fund has since been increased in order to accommodate more beneficiaries, boost consumer expenditure and positively impact output growth. He noted that the Anchor Borrowers’ P...

The Streetjournal Magazine is an online investigating media house that specializes on systematic, serious crimes, political corruption or corporate wrongdoing.

The rice pyramids have returned across the country. The maize pyramids have returned too. These pyramids have dotted the skylines in states like Kebbi, Niger, Katsina, Jigawa, Ekiti, and a host of others. For some others like Lagos, Edo, Rivers and more, there are CBN financed industries maximizing the farm produce to make products. Police […]

In this interview, Alhaji Farouk Rabi’u Mudiis, the newly inaugurated president of the All Farmers Association of Nigeria (AFAN) spoke on his plans for Nigerian farmers, among other issues.   Having been inaugurated by the Minister of Agriculture, Sabo Nanono, what are your plans for famers? First of all, we intend to establish a coordinated […]