By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Emefiele Flays Attempts To Pitch Public Against CBN
Share
Sign In
Notification Show More
Latest News
Nigeria to Launch New Digital Identity Card by October 2025, Says NIMC
Civil Service Media Metro News
Institute urges Senate to make skill acquisition compulsory in secondary schools
Business Education Labour Metro News
Foundation launches initiative to equip, transform Africa’s public sector
Business Metro News
122 Million and Counting: NIMC Showcases Identity System Reforms, Calls for Media Partnership
Civil Service Media Metro News
Aig-Imoukhuede Foundation Unveils LEAD Programme to Train 50 Young African Leaders Annually
Civil Society Organisations Metro News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > News > Emefiele Flays Attempts To Pitch Public Against CBN
News

Emefiele Flays Attempts To Pitch Public Against CBN

Publisher
By Publisher Published February 11, 2023
Share
3 Min Read
SHARE
Governor of Central Bank of Nigeria CBN Mr Godwin Emefiele has raised alarm at the extent to which vested interests are attempting to manipulate facts and pitch the public against the Bank.
This was part of the statement made available to journalists on Saturday in Abuja by the CBN Director, Corporate Communications Osita Nwanisobi.
The apex Bank explained that the reaction stems from a misleading report misquoting the Mr.Emefiele, as attributing the current challenge in the distribution of the newly redesigned naira banknotes to a shortage of printing materials at the Nigerian Security Printing and Minting Company Plc.
“We wish to state categorically that at no time did the CBN Governor disclose this during his presentation to the National Council of State at its meeting on Friday, February 10, 2023.”
“For the records, what Mr. Emefiele told the meeting was that the NSPMC was working on printing all denominations of the Naira to meet the transaction needs of Nigerians.”
“For the avoidance of doubt, the CBN remains committed to performing its monetary policy functions, as stipulated in the CBN Act, 2007, as amended.” He stated.
The Apex Bank also reiterated that NSPMC has the capacity and enough materials to produce the required indent of the Naira.
According to him, “the Bank, therefore, wishes to appeal to the public to disregard the said report and exercise more restraint, even as we work assiduously to increase the circulation of the new notes in the country.”
The CBN also disclosed that there is a misleading voice note trending in social media alleging that the CBN planned to shut down some banks, particularly in a particular geo-political region of the country.
The CBN also advised the public to ignore such recordings as they do
not represent the policy thrust of the CBN and are only the desperate attempts of persons bent on inciting the public against the Bank.
“We wish to state unequivocally that there is no such plan and that the claims are illogical and do not comply with the workings of the Nigerian banking system.”

 

Like this:

Like Loading...

Related

You Might Also Like

Nigeria to Launch New Digital Identity Card by October 2025, Says NIMC

Institute urges Senate to make skill acquisition compulsory in secondary schools

Foundation launches initiative to equip, transform Africa’s public sector

122 Million and Counting: NIMC Showcases Identity System Reforms, Calls for Media Partnership

Aig-Imoukhuede Foundation Unveils LEAD Programme to Train 50 Young African Leaders Annually

TAGGED: CBN

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher February 11, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Nigeria Commiserates With Turkey Over Devastating Monday Earthquake
Next Article FRSC Decorates 37 Newly Promoted Senior Officers In Academy, College
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

Nigeria to Launch New Digital Identity Card by October 2025, Says NIMC
Civil Service Media Metro News July 25, 2025
Institute urges Senate to make skill acquisition compulsory in secondary schools
Business Education Labour Metro News July 25, 2025
Foundation launches initiative to equip, transform Africa’s public sector
Business Metro News July 25, 2025
122 Million and Counting: NIMC Showcases Identity System Reforms, Calls for Media Partnership
Civil Service Media Metro News July 25, 2025

You Might also Like

Civil ServiceMediaMetroNews

Nigeria to Launch New Digital Identity Card by October 2025, Says NIMC

July 25, 2025
BusinessEducationLabourMetroNews

Institute urges Senate to make skill acquisition compulsory in secondary schools

July 25, 2025
BusinessMetroNews

Foundation launches initiative to equip, transform Africa’s public sector

July 25, 2025
Civil ServiceMediaMetroNews

122 Million and Counting: NIMC Showcases Identity System Reforms, Calls for Media Partnership

July 25, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d