Suspended Governor of the Central Bank of Nigeria, Godwin Emefiele
…To continue managed -floating forex regime
…As Emefiele confirms Tucano jets paid for,
Abuja Bureau Chief The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 11.5 per cent, along with all its parameters. The CBN Governor, Mr. Godwin Emefiele, disclosed today, while presenting the decisions of Monetary Policy Committee after its two-day meeting in Abuja. He also said that committee retained the Cash Reserve Ratio and Liquidity Ratio at 27.5 per cent and 30 per cent, respectively.
According to Mr. Emefiele, the nation was facing stagflation, with a high inflation rate, with a low output growth but that his team was determined to make a significant change through the various interventions of the apex bank. He also confirmed that the Tucano jets for which $1 billion was taken from the federation account, were paid for and that six of them would arrive in July, to bring about the necessary fight against in security in the country. Details soon…
Oshiomhole Just Revealed the Real Reason Obi Defeated Tinubu in Lagos Senator says cash scarcity…
Lawyers Sue Tinubu, AGF, Edo Gov Over Alleged Threat to Peter Obi's Life Obident Lawyers…
No Sin in Politics: Wike Welcomes Fubara Back to Political Fold FCT Minister says governor…
How Friends Beat Jos Model Ibrahim Mbaya to Death Over Missing iPhone 12 25-year-old UNIJOS…
Oyo Receives Two Surveillance Aircraft Worth ₦7.7 Billion to Strengthen Security Operations Governor Seyi Makinde…
Osun 2026: APC Inaugurates 292-Member Campaign Council, Declares Victory a Must National Chairman Nentawe Yilwatda…