Central Bank of Nigeria
Nigerians speak on new policy on the manhandling of naira notes
Following the Central Bank of Nigeria’s new policy on the manhandling of naira notes, CNBC Africa took to the street of Lagos to find out reactions.
CBN moves to curb abuse naira abuse
The Central Bank of Nigeria has stepped up its efforts to rid the country of dirty naira notes and make lower denominations available. The apex bank has also spelt out new regulations on naira handling.
Nigeria faces the challenge of financing and sustaining its institutions - Obadiah Mailafia
A lot of Nigeria’s challenges as a country are institutions and how they function or how they fail to function. This is according to Obadiah Mailafia, a Former deputy Governor of the Central Bank of Nigeria and the Director of Centre for Policy and Economic Research.
Nigeria banking index down 1.8% after CBN fines banks over MTN
The NSE Banking Index fell 1.8 per cent on Thursday after the Central Bank of Nigeria fined four banks for violation of Nigeria's forex regulations in repatriating MTN Nigeria’s funds. Chinedu Anozia, Chief Executive of Aux Capital joins CNBC Africa to discuss how this news has impacted trade in Nigeria’s banking stocks.
CBN introduces revised forex manual
The Central Bank of Nigeria says changes effected in the revised Foreign Exchange Manual will take effect today, as the apex bank moves to enhance transparency of transactions and streamline documentation requirements for FX transactions.
Tweaking Nigeria’s financial inclusion strategy
The Central Bank of Nigeria says the country is not on track to meet the 2020 targets of an 80 percent financial inclusion rate for the adult population set out in the National Financial Inclusion strategy in 2012.
How Africa can create the right ecosystem to drive industrialisation
Emir of Kano and Former governor of the Central Bank of Nigeria, Muhammadu Sanusi says improved transparency and how governments prioritise national revenues can go a long way to free up funds to drive industrialisation on the continent.
41 items still banned under Nigeria-China currency swap deal - CBN
The Central Bank of Nigeria has announced that the Nigeria- China currency swap deal will not cover the importation of the 41 items blacklisted from the official foreign exchange.