Video / Tue, 04 Oct 2016 08:11:11 GMT
The naira came under immense pressure last week, tumbling to a record low of 490 naira to the dollar with the central bank issuing guidelines to the proper usage of domiciliary accounts.
Video / Fri, 23 Sep 2016 14:04:38 GMT
According to the advisory National Economic Council, Nigeria's Central Bank should adopt a "special monetary policy" to tackle inflation and foreign exchange rates.
Video / Thu, 22 Sep 2016 07:59:15 GMT
At the launch of the Afrinvest Nigeria banking sector report, the Emir of Kano and former governor of the CBN, Muhammadu Sanusi II spoke about the recent move by the Central Bank of Nigeria to hold rates.
Video / Wed, 21 Sep 2016 08:02:31 GMT
Nigeria's Monetary Policy Committee kept it benchmark interest rate at 14 percent, defying calls for lower rates by the finance minister.
Video / Tue, 20 Sep 2016 14:17:03 GMT
The Central Bank of Nigeria's Governor Godwin Emefiele, on Tuesday announced that the bank will keep the benchmark interest rate at 14 per cent, and also maintained existing cash reserve ratios for commercial banks at 22.5 per cent.
Video / Mon, 05 Sep 2016 08:29:37 GMT
The Central Bank of Nigeria rolled out new guidelines for foreign investment inflows. The new guidelines allows foreigners to invest in Treasury bills, government bonds, commercial papers and other instruments.
Video / Thu, 01 Sep 2016 11:29:06 GMT
Nigeria's central bank on Wednesday ended the suspension of eight lenders banned from the inter -bank currency market for failing to remit money owed to the government.
Video / Thu, 01 Sep 2016 08:13:57 GMT
The Central Bank of Nigeria has reinstated the 9 banks recently suspended from the foreign exchange market, as the Apex banks says it is satisfied with the banks' repayment plans to the Treasury Single Account.
Video / Thu, 25 Aug 2016 14:03:57 GMT
Nigeria Stock Exchange All Share Index slipped into negative territory for the first time this week. Could this be profit-taking or is this reflecting investors' reaction to the central bank's ban of nine banks from the inter-bank market?
Video / Tue, 23 Aug 2016 13:57:12 GMT
The Central Bank of Nigeria is currently stress testing banks to assess their liquidity ratios, capital adequacy and strength.
Video / Fri, 19 Aug 2016 14:07:21 GMT
The right model for the implementation of bancassurance in Nigeria has fuelled a major disagreement between CBN and the country's National Insurance Commission.
Video / Fri, 19 Aug 2016 14:06:45 GMT
Nigeria's naira tested a new record low on Thursday and forward contracts showed that traders expect further weakness despite CBN's efforts to stabilize the economy.
Video / Thu, 11 Aug 2016 16:25:27 GMT
Nigeria's Central Bank in September 2015 issued a fresh commercial banking licence to the promoters of Suntrust Bank.
Video / Wed, 10 Aug 2016 14:33:57 GMT
The Central Bank of Nigeria has capped the commission on forex sales by Bureau De Change operators in the country at two percent in the latest of a string of actions designed to improve forex liquidity and manage supply.
Video / Tue, 09 Aug 2016 08:14:14 GMT
The news of the Central Bank's directive to banks and authorised FX dealers to sell the Pilgrims Travel Allowance at a concessionary exchange rate of N197 per U.S dollar has been received with mixed feelings among stakeholders in the economy.
Video / Mon, 08 Aug 2016 14:18:36 GMT
In a bid to boost liquidity and stabilise the naira, the Central Bank of Nigeria directed bank agents to the three approved International Money Transfer Operators, to sell foreign currency from inward money remittances to bureau de change operators.
Video / Mon, 08 Aug 2016 14:10:46 GMT
Following the clampdown on unlicensed Bureau de Change operators last week and the directive to money transfer agents to sell forex to Bureau de Change operators.
Video / Tue, 02 Aug 2016 13:05:55 GMT
Treasury bills rates climbed 85 basis points on the short end of the curve as the CBN announced two consecutive open market operation (OMO) auctions during trading hours. Nnamdi Nwizu Co-Managing Partner Comercio Partners joins CNBC Africa for more.
Video / Tue, 26 Jul 2016 15:55:41 GMT
The Nigerian equities market swung into positive territory today after a series of negative trading sessions.
Video / Wed, 20 Jul 2016 08:33:22 GMT
The International Monetary Fund says Nigeria's economy is likely to contract by 1.8 per cent this year. The IMF's projection for this year, is down from the 2.3 percent growth it foresaw in its April forecast.
Video / Mon, 04 Jul 2016 14:57:03 GMT
The Nigerian Central Bank reconstitutes the board of Skye Bank. CNBC Africa's Wole Famurewa provides more insights.
Video / Tue, 21 Jun 2016 11:08:15 GMT
The naira fell 30 per cent against the dollar at the interbank forex market on Monday, following the removal of the central bank's peg. According to traders, the CBN sold 530 million for 280 naira per dollar at a special auction.
Video / Fri, 03 Jun 2016 08:27:00 GMT
Ten days after the Nigeria's Central Bank announced that it would introduce a flexible forex market, investors continue to wait for clarity regarding this. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.
Video / Thu, 26 May 2016 14:15:07 GMT
As we continue to track the new forex policy by the Central Bank, commercial lenders have submitted dollar bids at 197 naira today.
Video / Fri, 15 Apr 2016 11:05:48 GMT
How far is too far? That the theme of a report that examines the legality of the actions of the Central Bank that deny exporters the right to sell export proceeds at the parallel market rate.