Godwin Emefiele -

You May Go To ‘Jail’ for Buying US Dollar with Naira

You may spend some months or years (depending on your connection) in jail if you are caught buying US dollars with the Nigerian currency, says the apex bank of the most populous African country. The latest monetary policy became a necessity as the Naira continues to “Lu’le” (that is fall) against other global currencies while […]

Emefiele And Buhari Forex crisis at its peak

Emefiele Will Not Resign, CBN Fires Back At Critics

Leave a Comment / Foreign Exchange / InfomediaNG

As the domino effect at the foreign exchange market which is spearheaded by “Lieutenant-General” Godwin Emefiele continues, the apex bank says its boss would not resign. Emefiele, a former Finance and Insurance lecturer and also an ex-GMD of Zenith Bank, has been at the centre of forex controversy following the humiliating value of the naira

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