Central Bank of Nigeria

Nigeria
JP Morgan aims to expand into merchant banking

The US bank wants to transform its representative office in Lagos into a fully-fledged business branch, marking a further step in its CEO's strategy to strengthen its presence on the African continent.

The New Guard
Nigeria, Ivory Coast, Morocco

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

NigeriaMark Okoye II, Bola Tinubu's financial arm in the South East

Ivory CoastLinda Pathinvo Abihona, a bridge between Ivorian startups and Silicon Valley

MoroccoIlyas El Maliki, leader of Moroccan streaming

Nigeria
Kano throne turns into poisoned chalice for Emir Muhammadu Sanusi II

Sanusi Lamido Sanusi returned to the head of the northern Nigerian emirate last May, four years after being dethroned, but now once again finds himself in the crosshairs of the central government.

Nigeria
Abuja mulls visa reform to stem flight of foreign firms

Nigeria has been trying for several months to retain foreign investors and attract new ones. Companies are calling for a simplification of the system for obtaining business visas.

Nigeria
Nigerian ministers to attend EU business forum

It will be the first time the forum has been held in Abuja.

Nigeria
Bamboo's founder to put NGX online

The listing and trading exchange has selected the start-up Bamboo to create a digital platform for banks and brokers, elevating its founder Richmond Bassey to a key position in the country's financial ecosystem.

Nigeria
Wale Edun favourite to head Central Bank of Nigeria

Although Nigerian President Bola Tinubu cannot yet name Adebayo Olawale Edun governor of the central bank as the current holder of the post is under arrest, his anointed adviser already appears to be unofficially in the driving seat.

Nigeria
Tinubu reforms imperil Ebury and Wema Bank's forex business model

For the last year, the British and Nigerian partners have been helping foreign companies, among them France's TotalEnergies, to repatriate their profits in naira to Europe. But the liberalising of Nigeria's foreign exchange market could harm this lucrative line of business.

Nigeria
From banker to governor: Who helped Dauda Lawal take Zamfara?

On 29 May, Dauda Lawal will become the first governor of Zamfara State elected under the banner of the opposition People's Democratic Party. Announced as a surprise rival to incumbent Bello Matawalle, the ex-banker owes his victory in no small part to his myriad good connections.

Spotlight | Nigeria
Lebanese billionaire Chagoury banks on presidential candidate Bola Tinubu

Franco-Lebanese businessman Gilbert Chagoury, who lives in Paris, is banking on Bola Tinubu becoming Nigeria's new president after next year's elections. He is hoping to regain the influence he enjoyed under Sani Abacha, the country's military junta leader in the 1990s.