Expert reacts as Nigeria MPC retains lending rate at 14%

Lebanon Central Bank Governor Riad Salame discusses the Lebanese elections, structural reforms, financial engineering, protection of the peg and his outlook for gold.

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.

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.

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.

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.

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.

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.