godwin emefiele – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel

godwin emefiele

October 4, 2015

CBN to Ease FOREX Restrictions in the Long Term

Vice President Yemi Osibanjo told Reuters on Saturday that restrictions placed by the Central Bank of Nigeria to defend the weakened Naira are definitely short term. The Naira has faced significant pressure over the past 12 months amid low crude oil prices and reduced […]
July 12, 2015

Almost Half of the Items Not Valid for CBN Forex are Real Estate Related

The circular released by the Central Bank of Nigeria earlier this month listed 41 items which were classified as not valid for Forex. Moving forward the interbank market will no longer provide forex to import them. Of all the items listed, 19 (46%) were directly related […]
March 26, 2015

Landlords Asking For Rent in Dollars Threatened by CBN Governor

The Central Bank of Nigeria is clamping down on landlords asking for rent and school fees in dollars. At the end of the MPC meeting in Abuja yesterday, Godwin Emefiele the Central Bank Governor said steps must be taken to prevent […]