Tag: equities market
The NSE All-Share Index was down for the third consecutive session this week as major indices closed in the red. Chukwuebuka Agulule, a Research Analyst at Mersitem Securities joins CNBC Africa’s Esther Awoniyi for a look at what stocks moved the market today.
United Capital says the only way is up for the equities market in the second half of the year, as they believe the market remains undervalued compared to emerging markets and frontier market peers. Wale Olusi, Head of Research at United Capital joins CNBC Africa for more.
MTN Nigeria has completed its debut 100 billion Naira Series one and two commercial paper issuance which was 400 per cent subscribed by investors. Modupe Kadri, Chief Financial Officer of MTN Nigeria joins me to share more details on the issuance.
The Central Bank of Nigeria says it will make forex available for activities that would boost the economy and generate jobs. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa to discuss this and other headlines making the rounds in Nigeria.
Prior to the Covid-19 pandemic the Central Bank of Nigeria planned to achieve 80 per cent financial inclusion across its formal and informal sectors by 2020. Managing Director and CEO, VFD Microfinance Bank, Zuby Emodi, joins CNBC Africa to discuss innovative banking and how Nigeria can achieve its set financial inclusion goals.
The Nigeria Economic Summit Group, NESG, is forecasting a deeper recession for the country as it says it expects real GDP to decline by 7.3 per cent this year on the back of the COVID-19 outbreak, dwindling oil prices among other indicators. Joining CNBC Africa to discuss the details is the CEO of the Nigeria Economic Summit Group, Laoye Jaiyeola.
Reported earnings from companies on the BRVM Stock Exchange have been largely mixed. Myriam Ouattara, Portfolio Manager at EDC Asset Management joins CNBC Africa to breakdown some of these results.