The suspension of the Nigerian central bank governor means criticism by the central bank of government policy will no longer be tolerated, says Manji Cheto of Teneo Intelligence. However, it does not necessarily mean the central bank will lose its ability to act independently of government.
Nigeria's president on Thursday suspended the governor of the country's central bank for "financial misconduct".
Central Bank of Nigeria Governor Lamido Sanusi has been suspended by President Goodluck Jonathan for alleged misconduct, CNBC Africa reports.
Arif Naqvi, CEO of Abraaj Group, says Nigeria and Ghana will continue to grow and are good countries to invest in.
Discussing problems in the oil region of Nigeria, with Helima Croft, Barclays head of North American Commodities Research, and Ashley Bendell, Africas Investments Advisors.
Jim O'Neill, former chairman of Goldman Sachs Asset Management, explains why he likes the markets of Mexico, Indonesia, Nigeria and Turkey.
Goodluck Jonathan, President of Nigeria, says that nations should work together to fight corruption.
Ngozi Okonjo-Iweala, finance minister of Nigeria, discusses the problem of oil theft and pipeline vandalism in the country.
Lamido Sanusi, governor of the Central Bank of Nigeria, says the country will see an impact from a change in US monetary policy.
Ngozi Okonjo-Iweala, finance minister of Nigeria, says that the country is look for more equal and "inclusive" growth.
Olusegun Olutoyin Aganga, trade minister of Nigeria, says that revenue from oil has allowed Nigeria to diversify its economy.
In a first on CNBC interview with CNBC's Steve Sedgwick, Ngozi Okonjo-Iweala, Finance Minister of Nigeria describes what the country must do to boost growth.
Lamido Sanusi, governor at the Central Bank of Nigeria, tells CNBC that emerging markets have a "short window" to fix internal issues, in order to reduce the impact tapering will have.
Olusegun Aganga, Nigerian minister of industry, trade and investment, says the Nigerian government has "an industrial revolution planned" as well as a "strong, robust" macro-economic background.
Africa's rapid economic growth has lured top American private equity firms to invest, including The Carlyle Group and Blackstone.
Davinder Sikand, partner at private equity firm the Abraaj Group, says that Africa's growing urbanisation and middle class will drive the continent's growth.
OPEC oil exporters agreed on Friday to leave output policy unchanged on Friday as oil held around the group's preferred level of $100 a barrel.
It is a slowdown in demand – not a U.S. shale oil revolution – that poses the biggest threat to OPEC, ministers told CNBC on Friday.
Oil traders should not lose too much sleep worrying about what OPEC, often unpredictable and quarrelsome in the past, will do when it meets next week.
Julian Roberts, CEO of international long-term savings group, Old Mutual, tells CNBC that they¿ve reshaped there business to drive growth in Sub Saharan Africa, where sales grew by 18 percent.