Central Bank of Nigeria to improve drive for non-oil exports
Governor of Nigeria's Central Bank says the apex banks development finance efforts have been driven by the need to reduce reliance on crude as smuggling and dumping over the years have led to a demise of Agriculture. Obiora Madu, CEO of Multimix Group joins CNBC Africa to discuss some developments impacting Nigeria's non-oil exports.
The race to lead the European Central Bank
Former European Central Bank Director General Francesco Papadia looks at the potential successors to Mario Draghi at the European Central Bank.
US Federal Reserve holds rates steady, cuts economic growth forecast
After a series of rises, the US central bank's policy meeting decided to hold interest rates in their current range. It also predicted a gloomier outlook for growth than that coming from Trump's White House.
Modi's Governmenti gets $4 Billion cash from India's Central Bank
Radhika Rao, economist at DBS Bank, talks about the decision of India’s central bank to approve an early transfer of a part of its profit to the government.
Investors snub CBN auction, sells only N39bn worth of OMO bills
The Central Bank of Nigeria only sold 39 billion naira via an OMO auction on Wednesday although the total amount on offer was 100 billion naira.
India’s central bank signals truce with government
India’s central bank signaled a compromise with the government by agreeing to study a demand for sharing a part of its capital. Mohan Guruswamy, a former finance ministry official and now chairman of the Centre for Policy Alternatives in New Delhi, weighs in with Haslinda Amin on "Bloomberg Markets: Asia."
MTN moves to secure assets in Nigeria
South African Telecoms firm, MTN Group says it has applied to Nigeria's High Court to restrain the country's Central Bank and the Attorney General from taking further action over its assets in Nigeria.
Turkey lowers reserve requirements for Lira, Dollar liabilities
Turkey's central bank is lowering its reserve requirements for the lira and for its dollar liabilities.
Why it might be time to get defensive in fixed income
Daniel Ivascyn says it’s time to take a more “cautious and defensive” strategy with the $113.7 billion Pimco Income Fund. He says he is taking the tack as central banks move away from accommodating policies that have buttressed markets since the 2008 financial crisis.