•Zenith Bank disburses N33bn to exporters
By Obinna Chima and Dike Onwuamaeze
The Central Bank of Nigeria (CBN) has assured exporters that they will continue to have unfettered access to their export proceeds.
CBN Governor, Mr. Godwin Emefiele, during a presentation at Zenith Bank’s 2021 Export Seminar, which held via a virtual platform yesterday, however, urged them to reciprocate the good gestures of the central bank by repatriating their funds.
According to him, supporting greater trade within Africa and the global community is vital to the CBN’s objectives of enabling greater economic growth and creating employment opportunities for the country’s growing population.
He said the COVID-19 pandemic and its resulting implications on crude oil prices in 2020, which led to a significant decline in government revenues and forex earnings, had strengthened the case for the diversification of the economy.
Emefiele expressed optimism that…
Source: Thisday Newspaper
