Video / Thu, 20 Oct 2016 14:06:48 GMT
Better than expected third quarter earnings reported by GT Bank lifted the Nigerian bourse in early trading today.
Video / Thu, 20 Oct 2016 10:58:08 GMT
Beating analysts' expectations, Guaranty Trust Bank yesterday reported a 54 per cent rise in net earnings to 120 billion naira for the 9 months up to September. Sewa Wusu, Head Research at SCM Capital joins CNBC Africa for more.
Video / Wed, 19 Oct 2016 07:52:12 GMT
Nigeria's overnight interbank rate was quoted at a record high of 150 percent on Tuesday, two days after lenders placed funds with the central bank to participate in last Friday's currency forward auction.
Video / Fri, 14 Oct 2016 08:03:56 GMT
A sharp decline in Chinese exports saw global equity markets slump to a three-month low on Thursday. Meanwhile Nigeria's All share Index was down 0.62 per cent as sell pressure on GT bank brought the benchmark index lower.
Video / Wed, 12 Oct 2016 11:02:47 GMT
According to Cyber exchange, cyber frauds attempts in Nigeria increased by 1,000 times in the first half of 2016 alone. Many major companies across the globe continue to spend billions on cyber security annually to keep hackers at bay.
Video / Thu, 06 Oct 2016 13:50:33 GMT
According to a Central Bank report, liquidity in Nigeria's forex space is set to remain challenging in the second half of 2016 due to low oil prices. Meanwhile, yields on short-dated treasury bills fell across the board at an auction yesterday.
Video / Thu, 22 Sep 2016 14:15:40 GMT
To what extent will Nigeria's Monetary Policy Committee decision to keep all the key monetary policy instruments unchanged affect the foreign exchange space?
Video / Mon, 05 Sep 2016 14:00:02 GMT
Nigeria's naira is now the poorest-performing currency in Africa this year and globally, only Venezuela and Suriname's currencies have fared worse.
Video / Mon, 29 Aug 2016 08:48:58 GMT
Parallel market rates were down 3.6 per cent last week, as the naira reached a high of 412 to the greenback. This was driven by the CBN's suspension of nine deposit money banks from the currency market.
Video / Thu, 25 Aug 2016 14:03:29 GMT
The naira dipped to a fresh low of N402 to the dollar at the parallel market on Wednesday, on the back of the Central Bank of Nigeria's decision to ban 9 banks from operating in the inter-bank market yesterday.
Video / Thu, 18 Aug 2016 11:01:37 GMT
Guaranty Trust Bank reported a 45 per cent rise in half year profit after tax to N74 billion on Tuesday, the latest audited results released at the NSE. Dolapo Ashiru, Managing Director, Lead Securities and Investment joins CNBC Africa for more.
Video / Mon, 15 Aug 2016 14:06:44 GMT
Today, two months after the introduction of the Central Bank of Nigeria's new forex policy, the framework is yet to achieve its desired outcome of luring foreign investors back.
Video / Tue, 26 Jul 2016 16:15:56 GMT
In a bid to strengthen the naira and control inflation, Nigeria's Monetary Policy Committee voted to raise the Monetary Policy Rate from 12 per cent to 14 per cent.
Video / Thu, 21 Jul 2016 14:22:55 GMT
Nigeria's central bank held an OMO T-bills auction today to mop up liquidity. Meanwhile, the naira is approaching historic lows in the parallel market as a dollar shortage persists.
Video / Tue, 12 Jul 2016 14:10:15 GMT
The wait for June inflation figures that will be released at the end of this week continues to impact investor sentiment.
Video / Mon, 04 Jul 2016 14:06:48 GMT
As the market awaits the June inflation figures next week, sentiments remain uncertain. Chioma Udu, Forex dealer at GT Banks joins CNBC Africa to discuss the fixed income and forex markets.
Video / Fri, 24 Jun 2016 14:30:15 GMT
Nigeria sold 79.45 billion naira of 3-month to one-year treasury bills on Wednesday at yields up to 15 percent.
Video / Mon, 13 Jun 2016 14:05:44 GMT
As traders await details of the central bank's foreign exchange policy, the naira firmed up against the dollar in the parallel market today to N365/$.
Video / Wed, 08 Jun 2016 08:23:41 GMT
Following the announcement of an OMO auction, the treasury bills market maintained a bearish trend. Similarly, bears continued to dominate the bond market. Lekan Olabisi, Forex Dealer at GT Bank joins CNBC Africa for more.
Video / Wed, 25 May 2016 08:29:03 GMT
Ahead of the MPC's decision, trading in the fixed income market was largely volatile as trading patterns indicated mixed opinions across the market.
Video / Thu, 05 May 2016 14:07:15 GMT
Traders say market indicators are pointing to a further increase in bearish sentiments. Lekan Olabisi, Forex dealer at GT Bank, joins CNBC Africa to review the fixed income and forex markets.
Video / Mon, 25 Apr 2016 10:16:12 GMT
The treasury bills market was mixed last week while the bond market was broadly bearish. Chioma Udu, FX Dealer at GT Bank joins CNBC Africa for more.
Video / Thu, 21 Apr 2016 09:01:24 GMT
Guaranty Trust Bank recently released it first quarter earnings showing a 5 per cent drop in revenue largely driven by an 18 per cent fall in non-interest income. The tier one banks profit after tax was down 4 per cent to 40.8 billion naira.
Video / Wed, 06 Apr 2016 07:58:18 GMT
Sentiment turned mixed in the treasury bills market following the Central Bank of Nigeria's announcement of an OMO auction. Meanwhile, sentiment in the bond market turned bearish following the release of the second quarter bond issuance calendar.
Video / Tue, 22 Mar 2016 16:14:41 GMT
In a surprise move, Nigeria's monetary policy committee tightened its policy stance, raising the MPR by 100 basis points from 11 per cent to 12 per cent.