Lamido Sanusi, the new governor of the Central Bank of Nigeria, lays out his agenda to restore confidence in Nigeria’s banking sector, in an interview with Matthew Green, the FT’s West Africa correspondent, on June 18.

He spoke about his plans to open Nigeria’s banks to foreign takeovers, tackle an overhang of bad debt from banks’ losses on the local stock market and tighten disclosure requirements. He also gave insights into his approach to monetary policy and delivering lower interest rates. Here are excerpts from Mr Sanusi’s interview with the Financial Times: