<<
Home | Music | Videos | Gist | News | Free Beatz | Mixtape | Lyrics | Movies | Stories | Sport News
Quick Contact
+2349078907187 or +2348100046892 | Join Our BBM CHANNEL: D613EAF0



groupdiv class=

« | »

President Buhari returns to office for briefing by CBN boss Emefiele


– Emefiele met with President Buhari
behind closed doors to discuss the issue of
Nigeria’s FOREX and naira rates
– The apex bank boss says the president is
quite please with the new stability the
institution has achieved
– President Buhari was absent at
Wednesday’s Federal Executive Council
meeting despite returning to work on
Tuesday, May 2
The Nation is reporting that President
Muhammadu Buhari, on Thursday, May
4, received briefings from the Governor
of the Central Bank of Nigeria (CBN)
Godwin Emefiele in a closed-door
meeting.
According to the report, Emefiele
briefed the president on the stability in
the Foreign Exchange market and
additional activities of the apex bank.
He told State House correspondents that
the President was delighted at how
stable the FOREX market had become.
President Buhari returned to office for a
meeting with CBN boss Emefiele who briefed on
the naira rates and FOREX market
He said: “Basically as it is expected what
we normally do is from time to time to
brief the President about activities about
the Central Bank of Nigeria particularly
at this time as it relates to the efforts
that the Central Bank is doing to
stabilise the forex market
“We briefed him regarding the activities
so far and he was very delighted to hear
that the market is stabilising at the level
that it is right now and I am saying the
parallel market which currently
stabilises at between N380 and N385.”
Emefiele said the sudden rise in crude
oil production and the subsequent
increase in export of the commodity are
the major factors that led to the stability
in the FOREX market.
He added: “Given what we have right
now the fact that the revenues are
looking good, the state of the economy is
good and I believe that we are going to
pull out of the problem in due course.’’
Meanwhile, NAIJ.com reported earlier
that after almost two years, the Central
Bank of Nigeria (CBN) has lifted the
restriction on 41 items listed as
ineligible for foreign exchange .
The apex bank in a circular said:
“Importers of items classified as not
valid for forex with transactions value of
$20,000 and below per quarter shall now
qualify for allocation of foreign
exchange.”
Consequently, the restriction still exists
for businesses with transaction value
above $20,000 per quarter. 

Related Posts
Lagos Police And 2face Reach Truce On Nationwide Protest…See New Details
The Lagos State Police Command yesterday rescinded its threat to stop the anti-government protest slated for Monday by pop star 2Face, The Nation reports. The two sides met yesterday and resolved ...
READ MORE
SARS Arrest Two Notorious Robbery Suspects In Lagos (Photos)
Operatives of Federal Special Anti-Robbery Squad, Federal SARS, in Lagos Island, have arrested two suspected notorious robbers terrorizing and robbing residents of Ire Akari street, Ejigbo and Isolo areas of ...
READ MORE
“How I Survived Akwa Ibom Church Building Collapse” – Akwa Ibom Governor Says
Akwa Ibom State Governor, Udom Emmanuel, has confirmed he was inside Reigners Bible Church, when it collapsed on Saturday. Emmanuel and his deputy escaped death after the building collapsed, during ...
READ MORE
Olamide Shocks Everyone As He Releases Album Track List For “The Glory” – Guess Who Is Missing [See Here]
The is sure a big news for fans of Olamide as the rapper finally revealed the album tracklist for his 6th studio album titled “ THE GLORY”. According to BaddoSneh the ...
READ MORE
TS News”” This Physically Challenged Man Does For A Living In Abuja
Pictured above is Alhaji Aliyu,a crippled man from Tsape Zamfara who uses wheelchair to sell air freshener,shoe polish etc in Abuja. A Facebook user met him selling his products around Utako, ...
READ MORE
TS Gist* Chris Brown Bans His Friends From Riding His Cars After One Crashed His $500k Lamborghini *See Photos*
A family’s pet dogs protect their owners by turning on a 8.2ft long venomous snake after it slithered into their garden. The four pooches circled the deadly king cobra, nipping ...
READ MORE
BREAKING: Suicide Bombers Strike At Maiduguri Market, Many Feared Dead (Graphic)
According to reports, two female suicide bombers carried out an attack at a popular in Maiduguri known as Monday market in Borno state. Scores of citizens are feared dead following ...
READ MORE
Snapchat CEO Evan Spiegel in an intimate ceremony
The 34-year-old model, Miranda Kerr, on Saturday tied the knot with the 26 year old Snapchat CEO Evan Spiegel in an intimate ceremony Los Angeles. According to multiple reports, the supermodel ...
READ MORE
How I Killed My Friend Over N200 In Ogun – 30-year-old Man
A security guard, Ndubusi Kalu, has been arrested after he allegedly stabbed his friend over N200 in Ogun State. The duo reportedly had a misunderstanding over the deceased, Simeon Chidi’s refusal ...
READ MORE
Wizkid Wins 3 Billboard Music Awards (See The Full List Of Winners)
Nigerian Music star and ‘Come Closer’ crooner, Wizkid, is really winning big at the ongoing 2017 Billboard Music Awards. The singer who set the record as the first Nigerian singer to ...
READ MORE
I Was R*ped, I Have Three Kids For Three Terrorists – 15-Year-Old Boko Haram Escapee Tells Heartbreaking Story
“I told my baby, ‘If you were alive I would never leave you. I have no choice, please forgive me’.” Those were the chilling words of Amina (not real name), ...
READ MORE
TS Gist”” I Would Marry My Dad, He is Extremely Powerful in Bed “” Daughter Confesses
AA girl has confessed of sleeping with her father and cannot stay without him as he satisfies her in bed. A Zambian girl has made a shocking confession about her secret ...
READ MORE
Ole!!! Read How Diezani Bank Chiefs Diverted N46bn From NNPC (See Details)
A former Petroleum Minister, Diezani Allison Madueke, allegedly diverted $153,310,000 (about N46.6billion) from the Nigerian National Petroleum Corporation (NNPC), the Economic and Financial Crimes Commission (EFCC) has alleged. The commission, in a bid to recover the ...
READ MORE
‘ Don ’ t Leave Nigeria , There Is Enough Cake To Share ’ – Former President Obasanjo Tells Biafra Agitator
Former President Olusegun Obasanjo says engaging in dialogue with those agitating for an independent state of Biafra is a sure way to resolving the issue. Speaking at the Biafra conference in ...
READ MORE
(TS News)Kwara state polytechnic we soon be like kwara state college of education ilorin.
Kwara state polytechnic rector mashood elelu has been granted another 4 years which he has already spent his first and second tenor as a rector. Mashood elelu calls for another 4 ...
READ MORE
See The Jaw-dropping Array Of Shoes Eniola Badmus Wants To Dash Out To Anyone Interested (Photo)
She shared photos of her beautiful array of shoes and captioned it, ‘If you want it..Come and get it’ Eniola Badmus attended the University of Ibadan where she studied Theatre ...
READ MORE
TS Gist* Asa Asika Back As Davido’s Manager
Following Kamal Ajiboye’ s exit from, Davido’s team, the singer, is said to have taken on a new manager According to LIB, the ‘Coolest Kid In Africa’ crooner, is now back with his first ...
READ MORE
I Have Not Received Any Salary In 6 Years – Gov. Rauf Aregbesola
The governor of Osun State, Rauf Aregbesola, says he has not earned salary since he assumed office six years ago. He said this during the launch of Oodua FM in Ile-Ife ...
READ MORE
Ugandan Police Men Walk In HEELS To End Violence Against Women (Photos)
On Friday Ugandan police men joined civilians in a campaign tagged ‘Walk a Mile in Her Shoes ‘ to end violence against women. In other to make this practical, the ...
READ MORE
Seriki’s Freestyle At One Lagos Fiesta Is The Coolest One You’ll See Today
Seriki is a Nigeria rapper who flows mostly in Yoruba language. And he was in his element at the Victoria Island centre of the ongoing One Lagos Fiesta where he thrilled ...
READ MORE
Flamboyant Linda Ikeji Splashes N70 million on Range Rover Autobiography
Nigerian blogger and businesswoman Linda Ikeji has spent a whooping sum of N70 million on the 2016 Range Rover Autobiography. Her brother, has been sharing photos of the new machine ...
READ MORE
Question Of The Day:- Who Is The Rightful Owner Of The Breast? The Husband Or The Child!
Who do you think is the Rightful owner of the Breast? The Husband or the Child? Drop your comment.
READ MORE
JAMB Admission Letter Printing Guide For 2016/2017 By Oluwafe
Joint Admission and Matriculations Board, JAMB admission letter printing for the 2016/2017 academic session is now available online. See How To Print. Admission Letter Printing This allows candidates to print Admission letters. ...
READ MORE
See C0nd0m: Toke Makinwa, Tiwa Savage And Friends Throw A No Boys Allowed Theme Party In Ikoyi, Shares C0nd0m (Photos)
Ending the year with style, popular media personality Toke Makinwa threw a pyjama themed party for her friends and colleagues in the industry. With everyone dressed in their best pyjamas, the ...
READ MORE
Lagos Police And 2face Reach Truce On Nationwide
SARS Arrest Two Notorious Robbery Suspects In Lagos
“How I Survived Akwa Ibom Church Building Collapse”
Olamide Shocks Everyone As He Releases Album Track
TS News”” This Physically Challenged Man Does For
TS Gist* Chris Brown Bans His Friends From
BREAKING: Suicide Bombers Strike At Maiduguri Market, Many
Snapchat CEO Evan Spiegel in an intimate ceremony
How I Killed My Friend Over N200 In
Wizkid Wins 3 Billboard Music Awards (See The
I Was R*ped, I Have Three Kids For
TS Gist”” I Would Marry My Dad, He
Ole!!! Read How Diezani Bank Chiefs Diverted N46bn
Wow! *Simi Reply To A Fan Who Asked
‘ Don ’ t Leave Nigeria , There
(TS News)Kwara state polytechnic we soon be like
See The Jaw-dropping Array Of Shoes Eniola Badmus
TS Gist* Asa Asika Back As Davido’s Manager
I Have Not Received Any Salary In 6
Ugandan Police Men Walk In HEELS To End
Seriki’s Freestyle At One Lagos Fiesta Is The
Flamboyant Linda Ikeji Splashes N70 million on Range
Question Of The Day:- Who Is The Rightful
JAMB Admission Letter Printing Guide For 2016/2017 By
See C0nd0m: Toke Makinwa, Tiwa Savage And Friends

145 total views, 1 views today

Posted by May 4, 2017.

Categories: Gist, News

0 Comment(s)

Leave a Comment



« | »





SCRIPT_FILENAME