Expert reacts as Nigeria MPC retains lending rate at 14%
By CNBC Africa
26 July 2018 | 12:21 pm
Although Nigeria's Central Bank Governor, Godwin Emefiele, announced that the country's baseline rate would be maintained at 14 per cent, he stated plans to implement initiatives that could reduce the cost of funds to key sectors of the country's economy.
7 May 2018
Lebanon Central Bank Governor Riad Salame discusses the Lebanese elections, structural reforms, financial engineering, protection of the peg and his outlook for gold.
24 Sep 2018
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.
21 Apr 2019
Kenya Central Bank Governor Patrick Njoroge discusses ongoing loan negotiations with the IMF, a pending Eurobond sale, and the valuation of the Kenyan shilling. He speaks with Bloomberg's Vonnie Quinn and Guy Johnson on Bloomberg Television.
11 Jun 2019
Godwin Emefiele seeks stronger efforts against global shocks.
27 Jun 2019
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.
10 Sep 2019
Ghana’s central bank has additional space to loosen policy thanks to the global move toward lower interest rates, as long as inflation slows, according to Governor Ernest Addison. He was interviewed by Bloomberg TV’s Manus Cranny st the World Economic Forum on Africa in Cape Town.
29 Oct 2019
About 500,000 bags of local rice was sold by millers within one week of the border closure, the Central Bank of Nigeria Governor, Mr. Godwin Emefiele, has revealed.
16 Apr 2021
After Recep Tayyip Erdogan fired a hawkish Central Bank governor and installed a like-minded critic of high interest rates, the new governor is expected to fulfill the president's wishes for lower interest rates.
9 May 2022
Governor of the Central Bank of Nigeria, Godwin Emefiele, says he has not taken the decision to run for the Office of President of Nigeria in the 2023 general elections.
South African Reserve Bank Governor Lesetja Kganyago discusses the central bank's recent surprise move to hike interest rates and concerns about movements in the currency.
As Nigerians welcome the arrest and detention of Central Bank governor, analysts tell DW how his controversial policies derailed the economy.
1 day ago
Dheepthika Laurent chats to American choreographer and dancer Trajal Harrell about his retrospective at Paris's Festival d'Automne. They also talk about vogueing, the focus of his seminal eight-year project "Twenty Looks or Paris is Burning at the Judson Church" and his current field of interest: Japanese dance style Butoh.
1 day ago
Rights groups are calling on the Japanese government to improve conditions for women in Japanese prisons. Statistics show most women in Japan are incarcerated for non-violent offenses.
1 day ago
Since the Hamas terror attack on Israel on October 7, nearly 1,000 antisemitic incidents have been reported in Germany. Some of these acts include extreme violence and property destruction, a German association said.
1 day ago
Since the October 7 Hamas attacks, India has become a hub of fake news and Islamophobic content. On social media, as well as on 24-hour news channels, the conflict between Israel and Hamas has inflamed Hindu extremists, venting their hatred of Muslims under the guise of support for Israel.
1 day ago
Africa is the most vulnerable continent for the effects of climate change, the UN has said. Young Africans are calling for urgent action and for ramping up funding for African-made solutions to tackle the climate crisis.
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.