• CBN supremo vows to deploy monetary tools to restore growth

    CBN supremo vows to deploy monetary tools to restore growth

    The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Friday expressed the desire of the bank to “employ every indispensable means, conventional or otherwise”, to help restore economic growth in the country.

    It also emerged yesterday that the CBN has amended its foreign exchange manual; resident Nigerian nationals and companies that bring in foreign currency through the banks and other authorised dealers can now invest such funds in money market instruments, bonds and equities.

    Emefiele spoke while delivering a […]