Central Bank of Nigeria (CBN)
Sanusi’s crackdown should be applauded
Central Bank of Nigeria governor Lamido Sanusi’s rescue of five undercapitalised Nigerian banks was the right move, argues Razia Khan, the head of research for Africa at Standard Chartered, a bank
Nigerian governor under parliamentary fire
Governor Sanusi taken to task for bank bailout
Nigeria holds, outlook remains uncertain
Healthy growth at home dependent on global conditions
Nigeria pledge on bank failures
Lamido Sanusi, Nigeria's new central bank governor, announces new measures to prevent commercial bank failure
Nigeria names and shames debtors
Central Bank of Nigeria list names some of the country’s richest people
Nigeria suspends trading in troubled banks
Nigerian authorities suspending trading in troubled bank shares and look to foreign investors to restore health
Nigeria’s Sanusi goes on sacking spree
Central Bank of Nigeria governor fires heads of five banks and injects N400 billion to ease debt crisis
Nigeria to support electronic payments: Sanusi
Central Bank of Nigeria’s Lamido Sanusi on reforming the national payment system
Nigeria liberalises FX regime, looks to spur liquidity
The Central Bank of Nigeria’s new governor displays intent to move rapidly to fix the financial sector
New Nigerian governor criticises Soludo
Lamido Sanusi, confirmed as the new governor of the Central Bank of Nigeria on Wednesday, said he disagreed with his predecessor's plans to re-denominate the naira made back in 2007.
Nigeria's Soludo to depart?
Charles Soludo, the governor of the Central Bank of Nigeria, is to leave after one term, reports suggest.
Nigeria cuts for first time in seven months
The Central Bank of Nigeria sliced 175 basis points off its key interest rate on Thursday with the scarcity of credit outweighing concerns over inflation.
We won't let banks fail - Nigeria's Soludo
Chukwuma Soludo, the governor of the Central Bank of Nigeria, said on Monday that the central bank will not allow any of the domestic banks to fail.
Nigeria presses banks to post loan costs
The Central Bank of Nigeria is enhancing transparency for the country's consumers by requiring banks to disclose their loan costs and deposit rates on the internet.
Nigeria acts to counter likely inflationary surge
The Central Bank of Nigeria has raised rates and its cash requirement ratio on concerns that inflation could soar in the coming months.
I was forced out: ex-Nigerian deputy
Wahia Mshelia, a former deputy governor at the Central Bank of Nigeria, has alleged that she was forced to quit after falling out with Charles Soludo, the institution's governor, local media reported on Wednesday. Soludo has denied the claims.
Nigeria raises rates 50bp, flags further hikes
Nigeria's central bank raised rates to 10% and warned that policy would need to tighten in the future with "huge fiscal injections" expected.
New framework for supervision in Nigeria
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) intend to introduce a comprehensive framework for banking supervision and have sent a draft to banks asking for their comments.
Central Bank of Nigeria 2006 annual report
The Central Bank of Nigeria notes in its annual report for 2006 that macroeconomic stability was achieved through non-accommodating monetary policy and prudent fiscal policies by the federal government.
Soludo on the Nigerian banking system
Following controversy over Springbank, the governor of the Central Bank of Nigeria, Charles Soludo, sought to reassure the public in this briefing that the banking system is safest and soundest it has ever been in its history.
Nigeria plans an oil investment fund
The Central Bank of Nigeria said it is working on a national investment fund that will manage a proportion of its external reserves.
Nigerian cb branded reckless and inefficient
The central bank in Nigeria has been denounced for its "recklessness and managerial inefficiency" by a member of the House of Representatives, which he says explains the sorry state of the banking sector, according to a report in the Daily Champion,…
Nigeria's Sanusi on efforts towards monetary union
In a speech on 'Ongoing efforts towards a monetary union in the West African sub-region' given on 1 July Dr Joseph Sanusi of the Central Bank of Nigeria said he was pleased to be given the privilege to brief Governors about on-going efforts to move…
Nigeria's Sanusi seeks goal-oriented policies
The governor of the central bank of Nigeria, Dr Joseph Sanusi has urged drastic goal-oriented economic policies in West Africa. According to a Vanguard report, he said "To my mind, the time has come for a new approach and commitment to macroeconomic…