x

Emefiele assures investors of security of investments in Nigeria

Governor of the Central Bank of Nigeria, Mr, Godwin Emefiele, has assured investors of the security of their investments notwithstanding dwindling revenue from the sale of crude.

Mr Emefiele, however says investors interested in repatriating their funds from the country are guaranteed their monies.

He also adds that the Apex bank has put in place policies to ensure an orderly exit for those interested in doing so.

The CBN Governor urged investors to be patient, while such repatriations are processed owing to the bank’s policy of orderly exit of investments.

Emefiele added that foreign exchange available would be devoted to strategic importion or priority service obligations as the bank collaborates with the trade authourities to boost manufacturing for economic revival.

Hot this week

Plateau Government Condemns Kanam Ambush, Honours 20 Fallen Security Personnel

By Israel Adamu, JosThe Plateau State Government has condemned...

Ombugadu: Why I Joined APC, As Thousands of Women Mobilise for Tinubu, 2027

From Abel Zwanke,, LafiaFormer governorship candidate of the Peoples...

Managing External and Internal Economic Shocks in Nigeria’s Oil-Dependent Economy

By Okechukwu Keshi UkaegbuGlobal disruptions—whether from wars, supply chain...

Julius Berger demonstrates commitment to CSR as Academy graduates 36

Julius Berger Nigeria Plc has demonstrated its commitment to...

Bandits Threaten to Kill 32 Abducted Kaduna Villagers Over ₦30m Ransom

Residents of Kutaho and Kugir communities in Aribi Ward,...

Alleged ₦8.7bn Fraud: EFCC Witnesses Reveal Bank Transactions Linking Malami’s Family

The trial of former Attorney-General of the Federation, Abubakar...

Police Arrest Suspected Illegal Arms Fabricator in Akwa Ibom

Police in Akwa Ibom State have arrested two men...

Uchenna Awom Announces Passing of Mother-in-Law, Funeral Set for March 27

Media professional and adviser to Senator Enyinnaya Abaribe, Uchenna...

Dispute Emerges Over Reported Suspension of Senator Abaribe by Abia APGA

Questions have emerged within the All Progressives Grand Alliance...

PAAU VC Rejects Allegations of Ethnic Bias in Administrative Appointments

The management of Prince Abubakar Audu University (PAAU), Anyigba,...

Related Articles

Popular Categories

spot_imgspot_img