CBN sets December 31st deadline for 65% LDR target: A wrap of Nigeria’s FX markets
07 October 2019 | 11:33 am
The Central Bank of Nigeria (CBN) has charged 12 banks over N400bn for failing to meet the loan-to-deposit-ratio (LDR) target set by Apex Bank. CBN had set September 30th as deadline for banks in the Country to meet the 60 per cent loan-to-deposit-ratio target. To discuss this story, Omotola Abimbola, Macro and Fixed Income Analyst at Chapel Hill Denham joins CNBC Africa for more.
10 Sep 2021
On 7 September 2021, El Salvador became the first country to embrace bitcoin as legal tender. Consumer demand saw its brand-new cyber wallet system crash on its first day of use as the currency's value seesawed against the US dollar. While thousands of Salvadorans are already using the cryptocurrency for everyday transactions, hundreds have taken to the streets to protest with concerns about the safety and legitimacy of the cyber currency.
17 Sep 2021
A vibrant media landscape had developed in Afghanistan over the past 20 years. Since the Taliban takeover, media professionals face immediate danger and even death. Activists are urgently calling for help.
30 Sep 2021
Courting controversy at the outset of his third term, Albanian PM Edi Rama has set up a new state agency for media and information, or MIA. Skeptics decry it as a "propaganda ministry."
9 Oct 2021
Mikhail Saakashvili said he returned to Georgia in support of the opposition as local elections get underway this weekend. Current Prime Minister, Irakli Garibashvili, had vowed to arrest Saakashvili if he returned.
10 Oct 2021
While the rest of the world literally looks up to the Dutch, the tallest people in the tallest country on earth insist it's not easy being so big. So an official study by the Dutch national statistics office CBS finding that they appear to be shrinking might be construed as good news -- even if it could threaten the Netherlands' number one spot as the world's loftiest nation.
11 Oct 2021
The ban came into effect in September, making it near to impossible for a woman to obtain an abortion in Texas. Lawyers for the Biden administration argue the ban is designed to scare abortion providers. DW's Ines Pohl reports from Texas.
27 Oct 2021
Saudi Arabia, the world's top oil exporter, aims to achieve net zero carbon emissions by 2060, says Crown Prince Mohammed bin Salman, days before the COP26 global climate summit. In March, Saudi Arabia unveiled a sweeping campaign to tackle climate change and reduce carbon emissions, including a plan to plant billions of trees in the coming decades.
13 Nov 2021
Years after the Yazidi massacre by the "Islamic State," tens of thousands of survivors still aren't able to return home. In Iraqi Kurdistan, a German aid worker is trying to help these refugees.
20 Nov 2021
As Bulgaria heads to the polls on November 14, foreign-educated nationals who have returned are trying to drive badly needed reforms and tackle the country’s dominant problem — corruption.
6 Dec 2021
The Empire State building was lit up with the colours of the French flag this week, in honour of the American-French performer Josephine Baker, who was inducted into France's Panthéon mausoleum on Tuesday. In the US, Josephine Baker is just as beloved as she is in France, and nowhere more so than in Harlem, in New York City. Our correspondents Jessica Le Masurier, Yves Schaeffner and Fanny Chauvin met with New Yorkers to explore Baker's legacy.
4 Dec 2021
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
23 Dec 2021
In the world of politics, youth appears to be having a moment. Gabriel Boric is the latest to become the youngest ever president at 35 to lead Chile. Here's a list of Five other young country leaders around the world.
1 hour ago
Italian astronaut Samantha Cristoforetti is the fifth European to take command of the ISS. She says the space station gives her hope for peace on Earth.
1 hour ago
France is marking the bicentenary of the deciphering of the Rosetta Stone hieroglyphs by linguist Jean-François Champollion. In Perspective, we spoke to Vanessa Desclaux, who looks after the ancient Egyptian manuscripts at France's Bibliothèque Nationale, the National Library in Paris.
1 hour ago
The Kremlin says it has not yet made any decision on closing Russia's borders although an ongoing exodus of military-age men looking to evade the Ukraine war call-up is happening. One of the countries they are fleeing to, is neighboring Georgia.
2 hours ago
Guineans hope the wait for justice will soon come to an end 13 years after a massacre that killed at least 157 people. Ex-junta leader Moussa Camara and his former lieutenants are expected to face the judge.
2 hours ago
Rampant inflation and soaring energy costs have caused German consumer sentiment to drop according to new market research, with no indication just yet that inflation will improve soon.