Nigeria
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
Nigeria and Morocco raise rates
Inflation hits record level in Morocco and remains high in Nigeria
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
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
Nigerian currency pressure mounting as central bank releases airline funds
Customers are facing limits on what they can withdraw from some banks, say reports
Nigerian governor announces second phase of CBDC project
E-naira has been used in transactions worth $9.5 million, Emefiele says
Nigeria raises policy rate by 100bp
MPC cites external tightening and conflict as sources of rising inflation
Nigerian governor remains in office despite president’s call for resignation
Electoral commission also calls on Emefiele to step down over bid to become next president
Rates round-up: Israel surprises with larger hike
Central banks in Pakistan, Nigeria, Ghana, Paraguay and Jamaica also tighten policy