Tag: equities market
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.
The Nigerian Stock Exchange published guidance for virtual board, committee, and management meetings for stakeholders as the world grapples with the COVID-19 outbreak. Oscar Onyema, CEO of the NSE joins CNBC Africa to discuss how the NSE has been responding to the pandemic.
As countries across Africa source intervention funds to battle the economic impact of the COVID-19 pandemic, with Nigeria’s economy especially taking a hit from falling oil prices and local currency devaluation, Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa to discuss how these events are impacting Nigeria's economy.
Nigeria's Debt Management Office says it reappraised its borrowing plans and now hopes to raise an earlier approved external borrowing of 850 billion naira from domestic sources. Dipo Ajayi, Head of Fixed Income and FX at Chapel Hill Denham joins CNBC Africa to assess Nigeria's debt strategy.