Discover and read the best of Twitter Threads about #emefiele

Most recents (10)

#Emefiele says 1tn Naira made available to manufacturing and agric sectors - 856bn has been disbursed to 77 companies; 36 Agro-based, 30 in services and 11 in mining tailored towards employment generating and output stimulating sectors of the economy at 5% interest rate. #CBNMPC
#MPC pushes for additional 100bn Naira for Targeted Credit Facility to stimulate growth.
Read 7 tweets
#CBN Governor, #Emefiele says First Bank of Nigeria is one of Nigeria’s systemically important banks given its historical significance, balance sheet size, large customer base and high level of interconnectedness with other financial service providers. #FBN
#CBN directs immediate removal of all Directors of @FirstBankngr Ltd and @FBN Holdings Plc
#CBN reassures First Bank of Nigeria depositors, creditors and other stakeholders of the bank of its commitment to ensure the stability of the financial system.
Read 9 tweets
Consistent with the global trend, Nigeria aspires to ensure that remittance flows and diaspora investments become a significant source of external financing. #Emefiele
#CBN strives to constantly improve our remittance infrastructure, ease the process of international money transfer and simplify the experience for senders and recipients. #Emefiele
In an effort to reduce the cost burden of remitting funds to Nigeria by working Nigerians in the Diaspora, the #CBN has introduced a rebate of N5 for every $1 of fund remitted to Nigeria, through IMTOs licensed by the CBN. The Scheme will take effect on the 8th of March 2021.
Read 8 tweets
#Emefiele hosts the signing of local production contract between P&G and Colori Cosmetics Nigeria, for the localization of manufacturing of Oral B products by P&G in Nigeria, as part of commitment by the #CBN to strengthen the manufacturing sector. Adil Farhat, P&G Managing Director for Nigeria;  Godwin Emef
Manufacturing industries have been a key focus of the efforts by the monetary and fiscal authorities towards driving recovery of the Nigerian economy. #Emefiele
Nigeria offers significant advantages for multinational manufacturing firms that choose to invest in domesticating their production lines in Nigeria. #Emefiele
Read 6 tweets
#Emefiele leads the Bankers’ Committee to sign MOU for the handover of the National Arts Theater, Iganmu, Lagos.
#Emefiele says revamping the National Arts Theatre will unlock the creative talents of hundreds of thousands of Nigerian youths in the fields of music, movie, fashion and information technology.
Bankers’ Committee to provide funding for a prototype cluster labeled “the Signature Cluster” which consists of a building each for Music, Film, Fashion and Information Technology verticals.
Read 7 tweets
#CBN and Bankers' Committee take over rehabilitation work at the National Theatre, Iganmu, Lagos. L-R: Minister of Youth and Sports, Mr Sunday Dare; Minister
Facility will help in unleashing the creative talents of Nigeria’s youths across multiple sectors and in supporting Mr.President's objective of creating new employment opportunities for Nigerians. #Emefiele
Harnessing the talents of our youths in the creative industries, will lead to the buildup of a more resilient economy #Emefiele
Read 9 tweets
Thread:
#CBN #MPC retains CRR at 27.50 per cent
#CBN #MPC retains liquidity ratio at 30 per cent
#CBN #MPC retains Asymmetric Window at +200 and -500 basis points around the MPR
Read 9 tweets
Thread:
#CBN develops framework for grants and long-term facilities to researchers, science institutions and biotechnology firms to develop Nigerian Vaccine for Corona Virus.
#COVID19 #Emefiele says CBN will support development of vaccine ONCE validated by the Health Authorities
#Emefiele challenges Nigerian Scientists across the world to develop a Nigerian vaccine to check corona virus
Read 3 tweets
Thread:
#CBNResponsetoCOVID19 #COVID19 #CBN to Inject additional N1 Trillion Stimulus in Economy
#CBNResponsetoCOVID19 #COVID19 Emefiele, Bank Chiefs meet on March 21, 2020 to strategize on Stimulus Plan
#CBNResponsetoCOVID19 #COVID19 CBN to boost health sector with additional N100b loan
Read 9 tweets
Thread:
CBN Gov, #Emefiele restates commitment of Central Bank of Nigeria to support household, businesses, other stakeholders to cushion economic impact of corona virus #CBNResponsetoCOVID19 #COVID19
CBN grants one-year moratorium on all principal repayments on all CBN intervention facilities #CBNResponsetoCOVID19 #COVID19Nigeria
CBN directs participating financial institutions to provide new amortization schedule for all beneficiaries of CBN intervention facilities #CBNResponsetoCOVID19 #COVID19Nigeria
Read 12 tweets

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