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Central Bank of Nigeria

30 Jun 2019
FSDH Merchant Bank says the Central Bank of Nigeria should continue to restrict access to foreign exchange for the importation of items that can be locally produced produce and should work at unifying the multiple exchange rate regime in the country. Ayodele Akinwunmi, Head of Research at FSDH Merchant Bank joins CNBC Africa to breakdown this report.
29 Jun 2019
The Central Bank of Nigeria has given a September deadline to banks to return mutilated notes or face sanctions.
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.
27 May 2019
The Central Bank of Nigeria sold 360.9 billion worth of OMO bill in its first auction in nine sessions on Thursday. Deinma Iyagba, Currency Trader at UBA joins CNBC Africa to review this week’s trade at Nigeria’s fixed income and forex market.
20 May 2019
Plans are underway by the Central Bank of Nigeria (CBN) to revive at least 20 textile companies before the end of 2019.
18 May 2019
The Central Bank of Nigeria has announced plans to introduce a special intervention fund for microfinance banks operating in the country. Rogers Nwoke, President of the National Association of Microfinance Banks joins CNBC Africa to share his perspective on this initiative and more.
11 May 2019
The naira is the currency of Nigeria. It is subdivided into 100 kobo. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Nigerian Federation. It controls the volume of money supplied in the economy in order to ensure monetary and price stability.
5 May 2019
The Central Bank of Nigeria has announced plans to introduce a special intervention fund for microfinance banks operating in the country. Rogers Nwoke, President of the National Association of Microfinance Banks joins CNBC Africa to share his perspective on this initiative and more.
4 May 2019
The Central Bank of Nigeria says it plans to set up a Collateral Management Regime aimed at regulating the activities of Fintechs and other technology start-ups operating in the country. Uzoma Dozie, Partner at Black Knights joins CNBC Africa to discuss this story.
1 May 2019
Exactly two years after the Central Bank of Nigeria introduced the Investors and Exporters Window; experts say it has helped to improve foreign exchange liquidity, with about $50 billion dollars cumulative transactions carried out on the platform as at March 2019.
13 Apr 2019
The Central Bank of Nigeria says Nigerian businesses expressed optimism in the macro-economy in March, with a confidence reading of 28.2 index points, while April is showing much stronger confidence levels with 64.8 index points.
1 Apr 2019
The Central Bank of Nigeria says it is currently considering some measures to address the challenges that have stifled the growth of the country’s palm oil industry.

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