Central Bank of Nigeria
The Central Bank of Nigeria (CBN) rolled over N134 billion worth of maturing Treasury Bills at the Primary Market Auction today. To discuss this and expectations for Nigeria’s money market for the week, Fixed Income Trader at UBA, Chuka Nwanchukwu joins CNBC Africa for more.
The Central Bank of Nigeria has reviewed upwards the minimum loan-to-deposit-ratio (LDR) for banks in the country from 60 to 65 per cent. The new directive comes just after the closure of September 30th deadline set by the regulator for banks to meet the 60 per cent loan-to-deposit-ratio. Meanwhile, oil prices steadied today although gains were capped as weak economic readings in the United States depressed global markets. Research Analyst at Financial Derivatives, Funmi Adebowale joins CNBC Africa for more.
The Central Bank of Nigeria (CBN) says the banking sector gross credit increased by 5.3 to N16.3billion as at September 26th owing to the 60 per cent Loan-to-Deposit-Ratio target set by the regulator. It also reviewed upward the LDR target to 65 per cent. To discuss this story and review today’s trading session at Nigeria’s equities market, Investment Research Analyst at Meristem Securities, Samuel Adebisi joins CNBC Africa for more.
The Central Bank of Nigeria (CBN) has charged 12 banks over N400bn for failing to meet the loan-to-deposit-ratio (LDR) target set by Apex Bank. CBN had set September 30th as deadline for banks in the Country to meet the 60 per cent loan-to-deposit-ratio target. To discuss this story, Omotola Abimbola, Macro and Fixed Income Analyst at Chapel Hill Denham joins CNBC Africa for more.
The Governor of the Central Bank of Nigeria says more items will be listed under the forex restriction list. This comes as President Muhammadu Buhari says he told the apex bank to stop providing funding for food imports. Chioma Udu, FX dealer at GT Bank joins CNBC Africa to discuss this and other stories impacting Nigeria’s money market.
The Central Bank of Nigeria (CBN) will offer n34.4 bn naira worth of T-bills in today’s auction. To discuss expectations for the auction and an outlook on this week’s trading at Nigeria’s money market, Bosun Obembe, Forex and Derivatives Trader at Access Bank joins CNBC Africa for more.
Moses Kpughur Tule, Director at the Central Bank of Nigeria (CBN) says Nigeria can change the narrative around some certain commodities to take advantage of the African Continental Free Trade Agreement (AfCFTA). He joins CNBC Africa’s Esther Awoniyi for more.
Nigeria's National Pensions Commission and the Central Bank of Nigeria are currently exploring a framework where workers under the contributory pensions scheme can access 25 per cent of their contributions for personal home investments. Niyi Falade, CEO of Crusader Sterling Pensions joins CNBC Africa for more.