Tag: Financial Derivatives
West Africa's aspirations for a single currency hit a setback after its leaders met in Niamey for a one-day summit earlier this week and passed a resolution to delay the proposed adoption until all critical issues are resolved.
A ministerial panel of key OPEC plus oil producers meets today to review the group’s compliance with the current oil supply cut pact an also assess the oil market. Ahead of the meeting, Nigeria’s President Mohammadu Buhari and Saudi Arabia’s King Salman bin Abdulaziz discussed efforts taken to stabilise and re-balance global oil markets. Olumayowa Ige, Research Analyst at Financial Derivatives joins CNBC Africa for more.
A three-member independent review panel led by former Irish President Mary Robinson says they are satisfied with the submissions of the internal probe carried out by the ethics committee of the African Development Bank, thus clearing the president of the bank, Akinwumi Adesina of all 16 allegations levelled against him by unidentified whistle-blowers in January this year, accusing him of unethical conduct and questionable appointments. Financial Derivatives CEO, Bismarck Rewane joins CNBC Africa for more.
The NSE Consumer Goods Index is down about 30 per cent year-to-date. Currently, the sector is one of the worst performers on the Nigerian bourse, Temitope Jolaoso, Analyst at Financial Derivatives joins CNBC Africa for more.
Are calls for the reopening of borders by trade ministers in Africa synonymous with tearing down trade barriers ahead of the postponed implementation of the African Continental Free Trade Agreement now slated for January 2021? Bismarck Rewane, CEO of Financial Derivatives joins CNBC Africa for more.
As Nigerian insurers race towards the extended 2021 insurance recapitalisation deadline, Ebunoluwa Babarinde, Manager, Treasury and Financial Institutions at Financial Derivatives joins CNBC Africa to breakdown some earnings from the industry.
The National Bureau of Statistics says the experience of economic shocks in the few months after the COVID-19 outbreak in Nigeria has far exceeded the shocks experienced between 2017 and 2019. In its COVID-19 monitoring report released today, the bureau noted that the most widely reported shock experienced by households was an increase in prices of major food items. Meanwhile, OPEC and its allies will meet on Saturday to discuss extending record oil production cuts and to approve a new approach that aims to force laggards to comply better with the existing curbs. Bismarck Rewane, CEO of Financial Derivatives joins CNBC Africa for more.
Financial Derivatives say they expect a 0.69 per cent rise in Nigeria’s headline inflation to 12.95 per cent year-on-year this April. Damilola Akinbami, Head of Research at Financial Derivatives joins CNBC Africa to breakdown their inflation expectations.