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.
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.
On this day May 29, 2019, Babajide Sanwo-Olu was sworn in as the new governor of Lagos state. Here are some of the highlights of events that took place at the Tafawa Balewa Square in a grand ceremony that marked the beginning of a new administration for Lagosians.