Central Bank of Nigeria looks to creative economy for job creation

Nigeria capital markets and banking forum holds ln London.

Attracting global capital to drive Nigeria's economic reforms as well as sustainable growth is the latest object of the Nigerian Stock Exchange in partnership with its London Stock Exchange.

"The capital market in Nigeria meets the international environment. Nigeria is not in isolation anymore," says Jim Ovia, chairman of Nigeria's largest commercial lender Zenith Bank Plc. He made the comments during an interview with Bloomberg Television's Francine Lacqua in London.

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.

At the third edition of the Market Data workshop, CEO of the Nigerian Stock Exchange Oscar Onyema says a collaborative effort is needed among market stakeholders to determine which emerging technologies to pursue within our markets.

The Central bank of Nigeria cut its main policy rate to 13.5 percent on Tuesday. CNBC Africa finds out how Nigeria's capital markets are reacting to this decision with Bankole Odusanya, Head; Fixed Income Trading at UBA.

Godwin Emefiele seeks stronger efforts against global shocks.

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.

Rating agencies see Nigeria's increasingly deep domestic capital markets as a credit strength. Jumoke Olaniyan, Vice President for Market Architecture at FMDQ Securities Exchange joins CNBC Africa to discuss how collaborations can deepen Nigeria's debt capital markets.

The council and management of the Nigerian Insurers Association are on a visit to the Nigerian Stock Exchange today, to engage the market on the recapitalisation of the insurance sector. Joining CNBC Africa is Tope Smart, Chairman of the Nigerian Insurers Association.

The Nigerian Stock Exchange says total transactions at the bourse increased by 15.95 per cent from about 398 in August to about $461.50 million as at 30th September this year. To discuss this and for an outlook on the trading session for the rest of the week, Chinedu Anozia, CEO of AUX Capital joins CNBC Africa.