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<p>Cement producers in Nigeria, Dangote Cement and BUA Cement have refuted claims of an increase in their ex-factory price of cement. The Dangote Group has also called on the government to follow through on the backward integration policy in the sugar industry while the BUA Group says they plan to complete their Lafiagi Sugar Refinery by the second quarter of 2022. Mayowa Ige, Research Analyst at Financial Derivatives joins CNBC Africa for more.</p>


Financial Derivatives: Why on Nigeria should incentivize sugar production

Financial Derivatives on why Nigeria should incentivize sugar production

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<p>Nigeria’s economy grew by 0.51 per cent in the first quarter of the year, the second consecutive quarter of growth indicating a slow but continuous recovery, according to the National Bureau of Statistics. Bismarck Rewane, CEO of Financial Derivatives and Member of the Presidential Economic Advisory Council and Emmanuel Odiaka, CEO of ECOB Capital joins CNBC Africa to unpack the details.</p>


Nigeria sustains slow but continuous recovery

Nigeria sustains slow but continuous recovery, GDP grows by 0.51% in Q1

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<p>The broad commodities market has seen impressive rally in recent weeks raising talks of a possible super cycle. In Nigeria, cocoa marketing has been suspended in Ogun state over poor quality of beans. Joining CNBC Africa to discuss these stories and more is Damilola Akinbami, Head of Research at Financial Derivatives.</p>


Soft commodities market sees impressive rally

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<p>Nigeria’s headline Inflation reached a 48-month high of 18.17 per cent in the month of March compared to the 17.33 per cent recorded in February. Analysts at Financial Derivatives say higher energy costs, insecurity in the food belt were some of the drivers of the inflationary pressures. Seyi Omidiora, Financial Advisory Associate at FDC joins CNBC Africa for more.</p>


Nigeria’s headline inflation hits 48-month high in March

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<p>Nigeria’s Securities and Exchange Commission says online investment and trading platforms facilitating the trade of foreign securities not registered in Nigeria are to desist from such activities.</p>


SEC2500

Nigeria’s SEC moves to stop online platforms from trading in foreign securities

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<p>Oil producer club, OPEC and its allies meets today to deliberate on whether to extend current supply policy or make adjustments. Financial derivatives say they expect the group to maintain current production cuts. Joining CNBC Africa for more is Mayowa Ige, Research Analyst at Financial Derivatives.</p>


OPEC+ meets to decide supply policy

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<p>Data from the National Bureau of Statistics shows a jump in headline inflation to 17.33 per cent in February this year from 16.47 per cent in January. The NBS earlier reported an increase in the unemployment rate in Nigeria to 33.3 per cent in the fourth quarter of 2020 from 27.1 per cent in the second quarter of the same year. Bismarck Rewane, CEO of Financial Derivatives joins CNBC Africa for more.</p>


Financial Derivatives CEO breaks down Nigeria’s unemployment

Financial Derivatives CEO breaks down Nigeria’s unemployment, inflation numbers

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<p>Nigeria’s Former Finance Minister, Ngozi Okonjo-Iweala, has been selected as the Director General of the World Trade Organisation, a position she will occupy until August 2025. This comes in a year where Africa is forging ahead with the continental trade pact.  Meanwhile, Nigeria’s headline inflation rose to 16.47 per cent in January from 15.75 per cent in December. Bismarck Rewane, CEO of Financial Derivatives joins CNBC Africa for more.</p>


Financial Derivatives CEO: What Okonjo-Iweala’s WTO appointment means for Africa

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<p>The IMF says its analysis shows that Nigeria&#8217;s pursuit of multiple objectives, namely price and exchange rate stability, credit growth, domestic industrialization, and fiscal financing, have resulted in a pro-cyclical monetary policy stance.</p>


Financial Derivatives CEO on how to reform Nigeria’s monetary policy framework

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<p>In its Global Economic Prospect report, the World Bank says Nigeria’s economy is estimated to have shrunk by 4.1 per cent in 2020, as the effects of the COVID-19 pandemic affected activity in all sectors. Head of Research at Financial Derivatives, Damilola Akinbami joins CNBC Africa to explore options for Nigeria&#8217;s economic recovery.</p>


How to revive Nigeria’s COVID-19 hit economy

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<p>Financial Derivatives says the current global oil demand which has failed to fully recover from its pre-pandemic levels does not support the lessening of OPEC’s production cut mandates in January. This comes ahead of the December 1st meeting by the oil producer club and its allies. Pelumi Osode, Senior Economic Analyst at Financial Derivatives joins CNBC Africa for this conversation.</p>


FDC: Oil demand does not support lessening of OPEC cut

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<p>Financial Derivatives says before the #ENDSARS protest became a crisis, it had crippled Lagos businesses, markets and traffic while also inducing artificial scarcity of commodities.</p>


FDC: Nigeria’s October inflation will spike to 14.4%

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<p>Nigeria’s headline inflation for the month of September recorded a 49-basis point rise to 13.71 per cent year-on-year, compared to the 13.22 per cent recorded in August. Food inflation increased for the 14th consecutive month to 16.66 per cent year-on-year. Financial Derivatives say Nigeria’s upward inflationary pressures are exerted by a string of factors compounded by the electricity tariff hike, currency weakness and forex scarcity. Funmi Adebowale, Research Analyst at Financial Derivatives joins CNBC Africa for more.</p>


Nigeria’s headline inflation rises to 13.71% in September

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<p>West Africa&#8217;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.</p>


Is Nigeria ready to give up naira controls for regional currency?

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<p>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.</p>


Brent nears five-month high as OPEC+ meets today

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<p>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.</p>


Independent panel clears AfDB’s Adesina of all allegations

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<p>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.</p>


Financial Derivatives

Financial Derivatives on why Nigeria should incentivize sugar production

Nigeria sustains slow but continuous recovery, GDP grows by 0.51% in Q1

Soft commodities market sees impressive rally

Nigeria’s headline inflation hits 48-month high in March

Nigeria’s SEC moves to stop online platforms from trading in foreign securities

OPEC+ meets to decide supply policy

Financial Derivatives CEO breaks down Nigeria’s unemployment, inflation numbers

Financial Derivatives CEO: What Okonjo-Iweala’s WTO appointment means for Africa

Financial Derivatives CEO on how to reform Nigeria’s monetary policy framework

How to revive Nigeria’s COVID-19 hit economy

FDC: Oil demand does not support lessening of OPEC cut

FDC: Nigeria’s October inflation will spike to 14.4%

Nigeria’s headline inflation rises to 13.71% in September

Is Nigeria ready to give up naira controls for regional currency?

Brent nears five-month high as OPEC+ meets today

Independent panel clears AfDB’s Adesina of all allegations

How Nigeria’s consumer goods companies can recover from COVID-19

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Financial Derivatives

Financial Derivatives on why Nigeria should incentivize sugar production

Nigeria sustains slow but continuous recovery, GDP grows by 0.51% in Q1

Soft commodities market sees impressive rally

Nigeria’s headline inflation hits 48-month high in March

Nigeria’s SEC moves to stop online platforms from trading in foreign securities

OPEC+ meets to decide supply policy

Financial Derivatives CEO breaks down Nigeria’s unemployment, inflation numbers

Financial Derivatives CEO: What Okonjo-Iweala’s WTO appointment means for Africa

Financial Derivatives CEO on how to reform Nigeria’s monetary policy framework

How to revive Nigeria’s COVID-19 hit economy

FDC: Oil demand does not support lessening of OPEC cut

FDC: Nigeria’s October inflation will spike to 14.4%

Nigeria’s headline inflation rises to 13.71% in September

Is Nigeria ready to give up naira controls for regional currency?

Brent nears five-month high as OPEC+ meets today

Independent panel clears AfDB’s Adesina of all allegations

How Nigeria’s consumer goods companies can recover from COVID-19

News Tips

Advertise With Us

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