Central Bank of Nigeria (CBN)
Nigerian court orders release of former governor
Lawyers argue that Emefiele’s month-long detention is unlawful
Nigerian central bank caps contactless payments
Move limits consumers’ daily contactless payments to $66
Nigeria liberalises exchange rate
Naira falls sharply as country leaves Emefiele era behind
Nigerian president suspends governor
President calls for lower policy rates and unified FX regime, and says Emefiele is under investigation
Nigerian parliament lifts central bank financing limit
Central bank has lent government tens of billions as fiscal problems mount
Nigerian MPC continues tightening
Official figures show slight rise in inflation as pressure on currency continues
Nigeria CBDC uptake ‘disappointingly low’ – paper
The e-naira is technically sound, but actual use is negligible, says IMF study
Central bankers cast doubt on utility of CBDC
“Element of Fomo” drives projects on even when purpose is unclear and resources lacking
Nigeria and Morocco raise rates
Inflation hits record level in Morocco and remains high in Nigeria
CBDC needs good preparation, warn central bankers
Panellists say financial literacy, research and infrastructure must come first
FATF suspends Russia and grey-lists Africa’s largest economies
South African president pledges rapid reform as Yellen hails action against Russia
Nigeria cash changeover hangs in balance after court order
Supreme Court orders deadline be suspended as economy reels from after-effects of programme
Nigerian governor extends banknote replacement scheme
Emefiele spent several weeks abroad after state agency issued arrest warrant
Rates round-up: Canada to pause after 25bp rate rise
Thailand ups 25bp; Nigeria increases sharply; Angola opts for cut; and more
Nigerian lawyers call for security service to end pursuit of governor
Former governor was also arrested in case seen as politically motivated, senior lawyer says
Nigerian court orders security service to stop harassing governor
Politicians’ anger over cash restrictions during election may be behind pressure, observers say
People: Nigeria reappoints deputy governors
Czech National Bank names new deputy; New York Fed appoints chief operating officer; and more
Court rejects bid to arrest CBN governor
State security application comes as Nigerian central bank calls in naira notes and elections near
Nigerian central bank limits cash withdrawals
Governor says policy will increase cashless payments use and cut crime, but politicians criticise move
Banknotes: October to December 2022
A round-up of news and salient issues that have affected central bankers in the past three months
African central banks expect CBDC to boost policy transmission
BIS survey finds greater focus on transmission and financial inclusion among African institutions
Nigerian governor says new banknotes will lessen cash hoarding
Governor says 85% of notes are outside banking system as finance minister criticises move
Nigeria floats conversion of central bank loans to debt amid growing crisis
Government official says central bank has loaned government $46 billion as bond yields rise
Nigerian MPC raises rates as inflation reaches highest level since 2005
Governor says inflation is gathering pace and next year’s election is increasing sovereign risk