Home » Tag Archives: CBN Governor Godwin Emefiele (page 2)

Tag Archives: CBN Governor Godwin Emefiele

June, 2014

  • 6 June

    New CBN Gov Stops All Charges On All Bank Deposit!

    Godwin-Emefiele

    The new Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has scrapped charges on cash deposits, just as he promised a gradual reduction in the interest rates on lending. He said a zero charge on deposits would encourage investment attitudes among the savers, while a reduction in the lending rates would make credit cheaper for potential investors. Emefiele, ...