ENGINEERS FAROUK AHMED, GBENGA KOMOLAFE RESIGN, PRESIDENT TINUBU NOMINATES SUCCESSORS TO THE SENATE FOR APPROVAL. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE   ENGINEERS FAROUK AHMED, GBENGA KOMOLAFE RESIGN, PRESIDENT TINUBU NOMINATES SUCCESSORS TO THE SENATE FOR APPROVAL President Bola Ahmed Tinubu has asked the Senate to approve the nominations of two new chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).   The requests followed the resignation of Engineer Farouk Ahmed of the NMDPRA and Gbenga Komolafe of the NUPRC. Both officials were appointed in 2021 by former President Buhari to lead the two regulatory agencies created by the Petroleum Industry Act (PIA).   To fill these positions, President Tinubu has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.   The two nominees are seasoned professionals in the oil and gas industry.   Eyesan, a graduate of Economics f...
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CBN GOVERNOR ANNOUCED THE IMMEDIATE STOPPAGE OF FOREX SALE TO LICENSED BUREAUX DE CHANGE.{PHOTO}.#PRESS RELEASE.

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Excerpts from 280th MPC press briefing


CBN Governor, Mr. Godwin Emefiele, announces immediate stoppage of Forex sale to licensed Bureaux de Change (BDCs)


CBN suspends issuance of new licenses for operation of Bureau de Change (BDC)


CBN directs Deposit Money Banks to sell forex directly to customers with minimal documentation for invisibles


InfraCorp unveiling still on course for Q3 of 2021 - Emefiele


Emefiele assures of support to youth to develop their entrepreneurial skills


Emefiele reiterates that the strategic health of the Nigerian banking industry remains strong


#CBN #MPC July 2021 MPC meeting votes unanimously to retain MPR at 11.5%


#CBN #MPC retains CRR at 27.50 per cent and liquidity ratio at 30 per cent


#CBN #MPC maintains Asymmetric Window of +100 and -700 basis points around the MPR.

One more photo below.



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