Forbes honours Emefiele for FX, import substitution
14 October 2017 | 6:00 am
Forbes honours Emefiele for FX, import substitution.
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.
4 Aug 2019
Traders say the Naira depreciated at the I and E window by 14 basis points to 362 Naira, 39 kobo while parallel market rates remained flat at 360 niara. Adamma Mbachu, Head of Currency Trading at Access Bank, joins CNBC Africa for more.
10 Aug 2019
Everyone has dreams but not many remain unsettled until they see it come to fruition. Burning with the desire for change and unsatisfied with the state of affairs, some of Nigeria’s finest trailblazers are redefining what business means and changing the lives of many whiles at it.
Buhari tells CBN to stop providing FX for food imports, how will this impact Nigeria’s food security?
19 Aug 2019
Nigeria’s President Muhammadu Buhari has told the Central Bank to stop providing funding for food imports, a move that has raised questions about the bank’s independence. Bismarck Rewane, CEO of Financial Derivatives and Emmanuel Ijewere, Chairman of Best Food Farms (BFF) both join CNBC Africa for more.
19 Aug 2019
'Forbes' released their list of the highest-earning stand-up comedians on Friday. Despite the backlash, Hart had previously endured over resurfaced homophobic tweets from his past.the 40-year-old actor and comedian raked in a cool $59 million over the course of a year.
21 Aug 2019
What Emefiele said about Buhari's forex ban on food imports
22 Aug 2019
Dwayne "The Rock" Johnson reclaims his position as the world's highest-paid actor, according to a Forbes rich list otherwise dominated by the cast of Marvel's record-breaking "Avengers" films
12 Sep 2019
The Governor of the Central Bank of Nigeria says more items will be listed under the forex restriction list. This comes as President Muhammadu Buhari says he told the apex bank to stop providing funding for food imports. Chioma Udu, FX dealer at GT Bank joins CNBC Africa to discuss this and other stories impacting Nigeria’s money market.
17 Feb 2021
CEO of Nigerian firm Invictus Group, Obinwanne Okeke, was in August 2019 arrested for conspiracy to commit computer fraud and wire fraud by the FBI. The Nigerian entrepreneur and a Forbes Africa 30 Under 30 honoree Obinwanne Okeke was sentenced to a 10-year jail term for computer and wire fraud by an American court yesterday.
7 Oct 2019
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.
24 Nov 2019
Traders say continued FX intervention by the Central Bank of Nigeria (CBN) is taking a toll on the country’s external reserves which is now at $41.77bn from $45bn as at the end of July this year. To discuss this Bankole Odusanya, Head of Fixed Income Trading at UBA joins CNBC Africa for more.
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