Tag "Central Bank of Nigeria"

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Economics Sub-Saharan Africa

Hard policy choices ahead for the Central Bank of Nigeria

With a sliding currency, the Central Bank of Nigeria is faced with a difficult policy choice. Its efforts to stabilise the naira and tame inflationary pressures are likely to be

Finance Sub-Saharan Africa

Nigeria’s opportunity to diversify bank lending

The level of concentration of Nigeria’s banking sector is enough to give investors cause for concern, as five banks control nearly 60% of the market. In 2005 and 2009, excesses