Central Bank of Nigeria
CBN’s minimum capital for MFBs: Impact on Nigeria's financial inclusion drive
The recent move by the Central Bank of Nigeria to strengthen the capital base of Microfinance banks has been received with mixed reactions.
The state of lending in Nigeria’s real sector
The Central Bank of Nigeria stepped up its efforts to encourage banks to lend to the real sector by setting up the Real Sector Support Facility to encourage lending to the manufacturing and agriculture sectors through the Cash Reserve Ratios and Corporate Bonds.
Navigating Nigeria’s investment landscape
The court case between South African Telecoms firm MTN Group and the Central Bank of Nigeria has been adjourned to the 4th of December. Pabina Yinkere, Chief Investment Officer at Sigma Pensions joins CNBC Africa to discuss how investors are navigating Nigeria's investment space.
Strategies to improve access to mortgage finance in Nigeria
The Central Bank of Nigeria plans to conduct a feasibility study to establish the Nigeria Mortgage Guarantee scheme to boost home ownership in the country. Adeniyi Akinlusi, Chief Executive Officer of Trustbond Mortgage Bank joins CNBC Africa to discuss the strategies to increasing home ownership in Nigeria.
Nigeria’s manufacturing PMI expands to 56.8 points in October
The Central Bank of Nigeria's manufacturing PMI for October came in at 56.8 index points, indicating an expansion for the 19th consecutive month. Ugochukwu Irechukwu, Divisional Head, Institutional Banking at Diamond Bank joins CNBC Africa from the banking hall for this discussion.
T-Bills yields rise as CBN mops up N553bn
The Central Bank of Nigeria conducted its first OMO auction in two weeks on Thursday, offering 400 billion naira. The auction witnessed an aggressive mop-up of about 553 billion naira from the system by the CBN. Olawale Hamed, Currency Trader with UBA joins CNBC Africa for a weekly wrap of the fixed income and forex markets.
Nigerians speak on new policy on the manhandling of naira notes
Following the Central Bank of Nigeria’s new policy on the manhandling of naira notes, CNBC Africa took to the street of Lagos to find out reactions.
CBN begins deductions on MTN, banks face-off
Latest reports say that the Central Bank of Nigeria has begun debiting the accounts of banks accused of illegal repatriation of 8.1 billion dollars for telco operator MTN Nigeria.
Nigeria faces the challenge of financing and sustaining its institutions - Obadiah Mailafia
A lot of Nigeria’s challenges as a country are institutions and how they function or how they fail to function. This is according to Obadiah Mailafia, a Former deputy Governor of the Central Bank of Nigeria and the Director of Centre for Policy and Economic Research.
Nigeria banking index down 1.8% after CBN fines banks over MTN
The NSE Banking Index fell 1.8 per cent on Thursday after the Central Bank of Nigeria fined four banks for violation of Nigeria's forex regulations in repatriating MTN Nigeria’s funds. Chinedu Anozia, Chief Executive of Aux Capital joins CNBC Africa to discuss how this news has impacted trade in Nigeria’s banking stocks.