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Apex bank

2 Dec 2019
The Central Bank of Nigeria (CBN) says gross credit to the manufacturing sector was N459.69 billion between the end of May and the end of October this year. The inflow credited to the Apex Bank’s recent policy on loan-to-deposit ratio. Meanwhile, the real GDP growth in Nigeria’s manufacturing sector was 1.1 percent year on year in the third quarter of the year. President of Manufacturers Association of Nigeria (MAN), Mansur Ahmed joins CNBC Africa to discuss this story.
16 Nov 2019
Chapel Hill says the directive by Central Bank of Nigeria (CBN) limiting individuals and local corporates from participating in Open Market Operations (OMO) Auctions, is an indication that the Apex Bank is ready to begin to roll back its balance sheet expansion, flatten or reduce the pace of growth. For a focus on Nigeria’s equities market, Macro and Fixed Income Analyst at Chapel Hill Denham, Omotola Abimbola joins CNBC Africa for more.
8 May 2017
Governor of the Central Bank of Nigeria Godwin Emefiele has revealed that President Muhammadu Buhari is satisfied with the stability in the foreign exchange market, following the sustained intervention by the Apex bank.

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