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Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by sixtuschimere: 7:14am On Aug 20, 2016 |
The 39th Ordinary meeting of the Assembly of Governors of the Association of African Central Bank Governors (AACB) has ended in Abuja, with the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele elected as the President of the ACCB for the 2016 – 2017 year. Elected, alongside Mr. Emefiele, to run the affairs of the Bureau for the period are the Governor of the Bank of Ghana as chairman of the West African sub-region; Governor of the Central Bank of Mauritania, Chairman of the North African sub-region; and the Governor of the Bank of Central African States, Chairman of the Central African Sub-region. Also elected were the Governor, Banque de la Republique du Burundi as Chairman of the East African Sub-region and Governor of the Central Bank of the Kingdom of Swaziland as Chairman of the Southern African Sub-region. Reading the communique at the end of the meeting of Governors, the new AACB President, Mr. Emefiele disclosed that the nomination for the Vice Chairman of the AACB, which is zoned to the South African Sub-region, would be made known in due course. The Assembly of Governors also chose: “Prospects for monetary integration in Africa: Lessons learned from the experience of monetary and financial integration of Europe,” as theme for the 2017 symposium. According to the communique, the meeting noted that the unwinding of unconventional monetary policy measures, adopted during the financial crisis by the United States Federal Reserve and central banks of developed countries, could have a negative impact on African countries due to the interconnectedness of economies. However, the congress noted that the unwinding of unconventional monetary policy could be an opportunity for African countries to develop appropriate measures to strengthen their resilience in the face of exogenous shocks. The Assembly of Governors therefore stressed the necessity for African countries to diversify their economies and improve exports, while limiting imports. The Assembly also emphasised the urgent need for coordination between monetary and fiscal policy across all African countries. The Governors equally examined the implementation status of the African Monetary Cooperation Programme (AMCP) and pointed out the inability of African States to sustainably meet some of the criteria for macroeconomic convergence due to the negative impact of certain variables within the international environment. They therefore urged African countries to strengthen efforts at implementing structural reforms in order to diversify their respective economies, improve the business environment and promote intra-regional trade as a way of strengthening their resilience amidst external shocks. In reviewing the implementation of the work programme of the Community of African Banking Supervisors (CABS), which it noted had helped to set up an intranet platform for exchange of information among African banks, the AACB disclosed plans to unveil a project for collecting information on the activities of cross-border banks. This, the AACB noted, would allow the identification of risks associated with the activities. The 39th Ordinary meeting of the Association of African Central Banks (AACB) was attended by 27 member Central Banks and the African Union Commission (AUC). Source: http://www.trezzyblog.com/2016/08/cbn-governor-emefiele-emerges-aacb.html 1 Like 1 Share
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Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by sixtuschimere: 7:14am On Aug 20, 2016 |
Congrats to him 1 Like |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by yrret: 7:17am On Aug 20, 2016 |
Don't know if I should say congratulations considering the cry of the poor and how poorer they've become due to a cooperate way this government has subjected many to, with no remorse which still wouldn't have solved the issues. Smh... Just for the benefit of pretending to be one Nigeria; I join to say Congratulations, Sir!! 9 Likes |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by madridguy(m): 7:52am On Aug 20, 2016 |
Congratulation to you sir. 1 Like |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by hucienda: 7:54am On Aug 20, 2016 |
With the naira dancing makossa upandan? Anyway sha im name bi Godwin n finally for dis im mata na God win. Congratulations. 1 Like |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Tolexander: 8:02am On Aug 20, 2016 |
Elected, alongside Mr. Emefiele, to run the affairs of the Bureau for the period are the Governor of the Bank of Ghana as chairman of the West African sub-region; Governor of the Central Bank of Mauritania, Chairman of the North African sub-region; and the Governor of the Bank of Central African States, Chairman of the Central African Sub-region.with these Governors elected, considering the economy of the Nations, I don't see any serious progress in the association. 2 Likes |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Proudlyngwa(m): 8:35am On Aug 20, 2016 |
Whom God has blessed What elders see sitting, nairaland kids won't see,even if they climb mount Everest. Oya come and claim, he is GEJ's product. 7 Likes |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Nobody: 8:46am On Aug 20, 2016 |
This man is very dexterous and diligent. His CBN policies so far have been effective in making the economy manageable and auspicious. the only problem is that he is working under a man without any economic clue and brilliance. 13 Likes 1 Share |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Nobody: 8:50am On Aug 20, 2016 |
hucienda:He has demonstrated high level of proficiency and technocracy to stabilize the Naira to some extent, otherwise Naira would have been virtually useless by now. 4 Likes |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Harrisee(m): 8:54am On Aug 20, 2016 |
Just look at how much impact we make in Africa. Most African countries see us as Big brother. We have the largest economy in Africa, the largest land army in Africa; the brightest , finest, richest and innovative men in Africa are seen in Nigeria. Therefore, we must build bridges not walls among ourselves. Let us see ourselves as one people. We must shelve our differences and see them as unique cultural masterpiece which the world must see. Let us learn to love. Countries envy us, we may not have steady electricity but we supply power and gas to Ghana and a host of other west African countries. That's because we're the big brother. We built this country together, everyone contributing his own piece. Let us enjoy it together. The government should stop encouraging nepotism, and set the foundation for bridges among us. Let us build this country together. We are not Afonjas or Flat,heads or herdsmen. We're brothers occupying the best terrestrial part of the world- Nigeria 20 Likes 4 Shares |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Goldenheart(m): 12:51pm On Aug 20, 2016 |
Congratulations , your call have been picked |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by LydayBobo(m): 12:52pm On Aug 20, 2016 |
They don't know anything in Africa 1 Like |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Innodon(m): 12:53pm On Aug 20, 2016 |
Good for him pocket |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Thisis2raw(m): 12:53pm On Aug 20, 2016 |
OK good. I wanna see more Nigerians go higher like this |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Femich18(m): 12:54pm On Aug 20, 2016 |
Congrats to him |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by SandraOkwy(f): 12:57pm On Aug 20, 2016 |
Just passing. ...... Congrats though! |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Echatbook: 12:58pm On Aug 20, 2016 |
ok 1 Like |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by LydayBobo(m): 12:59pm On Aug 20, 2016 |
blueto:Good. Make sure you direct your anger to him if NGN400/1$ 1 Like |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by kaen1317: 1:01pm On Aug 20, 2016 |
I should think countries with a working economy ought to occupy the position. Not countries with run-down recessive economies like Nigeria. 6 Likes |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by oluwasegun007(m): 1:02pm On Aug 20, 2016 |
Yes elect him.......He's doing so well at the National level..... Africanus..... 2 Likes |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by MrCounselor: 1:03pm On Aug 20, 2016 |
Same old cargoes... Shy of bet shops? You don't have to visit one, just check my signature. Even, ladies are outperforming with this approach . |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Nobody: 1:05pm On Aug 20, 2016 |
Harrisee:stop deceiving urself. No country envy Nigeria, whats there to envy? When a basic thing like indoor running clean water is Hugely Absent. How many africans do you see running to Nigeria to live and hustle? No one envy a 3rd world failed country like Nigeria abeg. 10 Likes 1 Share |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by ndcide(m): 1:07pm On Aug 20, 2016 |
Now ngeneukwenu will not find this funny. |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by IllegalMoney: 1:07pm On Aug 20, 2016 |
Zombies will die of heart attack over this news 2 Likes |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by justhelp(m): 1:24pm On Aug 20, 2016 |
Dg |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by wildchild1: 1:26pm On Aug 20, 2016 |
congrats 2016/2017 Jerseys available, order now https://www.nairaland.com/3204752/2016-2017-jerseys-available-affordable |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by justhelp(m): 1:27pm On Aug 20, 2016 |
Adaure4ever:my dear they do envy us wella, mostly the francophe countries |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Ugosample(m): 1:34pm On Aug 20, 2016 |
justhelp: I agree o. I have been to a couple of African countries overtime, and many of them are very envious OF Nigeria. Despite our challenges. Especially Ivorians, Senegalese and Soutg Africans. |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Nobody: 1:35pm On Aug 20, 2016 |
The forex market died due to the following reasons : 1. Increasing the capital bases of BDCs. 2. Limiting the sale of dollars to BDCs, which caused scarcity then price hike of the greenbacks. 3. Inconsistency with decisions, sell today, don't sell tomorrow. 4. Emefiele being the CBN governor. 2 Likes 1 Share |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by kgr8mike(m): 1:40pm On Aug 20, 2016 |
Ok |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by wiloy2k8(m): 1:43pm On Aug 20, 2016 |
k |
Re: Emefiele Elected President Of African Central Banks As Confab Ends In Abuja by Desdola(m): 1:46pm On Aug 20, 2016 |
That's a good development. Congrats to him |
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