CBN: Corporates should take advantage of infrastructure bonds

The Central Bank of Nigeria established a bridge bank; Polaris Bank, to take over the assets and liabilities of Skye Bank. The Asset Management Corporation of Nigeria will capitalise the bridge bank and begin the process of sourcing investors.

The Central Bank of Nigeria says its decision to slash the Monetary Policy Rate by 50 basis points was a signal to a new direction of its policy position. Muda Yusuf, Director General of the Lagos Chamber of Commerce and Industry joins CNBC Africa to discuss the wider implications of this new stance.

Godwin Emefiele seeks stronger efforts against global shocks.

Governor of the Central Bank of Nigeria, Godwin Emefiele will unveil his 5-year plan for his second term in office later today. Egie Akpata, Director General of Union Capital Markets joins CNBC Africa for the outlook of Nigeria’s capital market this week.

Governor of the Central Bank of Nigeria, Godwin Emefiele says the apex bank plans to pursue a program of recapitalising the banking industry in the next five years. He made this known while unveiling his 5-year policy direction for his second term in office. Andrew Nevin, Partner and Chief Economist at PwC Nigeria joins CNBC Africa to assess the CBN’s 5-year plan.

Governor of Nigeria's Central Bank says the apex banks development finance efforts have been driven by the need to reduce reliance on crude as smuggling and dumping over the years have led to a demise of Agriculture. Obiora Madu, CEO of Multimix Group joins CNBC Africa to discuss some developments impacting Nigeria's non-oil exports.

Chapel Hill Denham says spreads tightened and yields fell across African sovereign Eurobonds following the dovish signalling by key central banks last week which buoyed global risk appetite. Omotola Abimbola, Macro and Fixed Income Analyst at Chapel Hill Denham joins CNBC Africa for a focused discussion on the West African money market.

System liquidity in Nigeria’s money market opened the second half of the year at 485.64 billion naira due to inflows from June 2019 bond maturities. Steve Osho, Co-Managing Partner at Comercio Partners joins CNBC Africa for an outlook of Nigeria’s money market in the second half of the year.

Traders say Federal Account Allocation Committee (FAAC) inflows valued at 320 billion naira bolstered market liquidity in Nigeria’s Money Market as the Central Bank of Nigeria auctioned T-bills worth 89 billion naira on Wednesday. Nnamdi Olisaeloka, Fixed Income, Currencies and Commodities Analyst at Zedcrest Capital joins CNBC Africa for more.

The Central Bank of Nigeria (CBN) offered 150 billion naira in today’s OMO auction. To discuss this and other stories likely to impact Nigeria’s money market, Nnamdi Nwizu, Co-Managing Partner at Commercio Partners joins CNBC Africa for more.

Traders say liquidity in Nigeria’s money market improved on Thursday on the back of an Open Market Operation (OMO) maturity inflow of about N396 bn. For a review of the trading session at Nigeria’s fixed income and Forex market Constance Onyia, Fixed Income Dealer at Access Bank joins CNBC Africa for more.

The Central Bank of Nigeria (CBN) offered N330 billion across three maturities in an Open Market Operation (OMO) Auction. For a focus on activities shaping Nigeria’s fixed income and Forex market, Tunde Adama, Head of Trading at CITI Nigeria joins CNBC Africa.