Tag: financial markets

COVID-19: How the pandemic has impacted Nigerian commodities

The World Bank says the global agricultural markets have been less affected so far by the pandemic than industrial commodities. Prices of the main food commodities have declined by about 9 per cent since January. But disruptions to trade, distribution and supply chain raises concerns for food security. Nigeria recently gave four companies an emergency approval to import maize. Akinyinka Akintunde, Vice President; Financial Markets at AFEX Commodities Exchange joins CNBC Africa for more.

Ghana’s real GDP contracts by 3.2% in Q2, the first in 37 years

Data from Ghana Statistical Service shows a 3.2 per cent contraction in real GDP for the second quarter, the first in 37 years. John Gatsi, Dean of the School of Business at the University of Cape Coast joins CNBC Africa’s Kenneth Igbomor for more on this.

UK’s Liam Fox shares his vision for global trade

The selection date for the new Director-General of the WTO is getting nearer, eight candidates are going head-to-head for the top position with nominations coming from Mexico, Moldova, Korea, Saudi Arabia, the United Kingdom and Africa – where we have 3 candidates. 58-year-old British Politician who has served as the UK’s Secretary of State for International Trade and was nominated by the United Kingdom for the role of the Director-General of the World Trade Organisation. Dr Liam Fox joins CNBC Africa’s Kenneth Igbomor to share his vision for global trade.

NIMC on managing Nigeria’s identity for sustainable development

Nigeria’s Minister of Communications and Digital Economy, Isa Pantami, says the country will adopt the concept of digital identifications and replace the national identity cards with a digital scheme.

How Nigeria’s acceptance of digital assets will spur innovation in banking

Nigeria’s Securities and Exchange Commission says it will regulate crypto-token investments when the character of the investments qualifies as a securities transaction. So what impact will this have on Nigeria's banking sector? Muyiwa Oni, Regional Head of Equity Research at Standard Bank Group joins CNBC Africa’s Christy Cole for this conversation and more.

How African start-ups can withstand the COVID-19 shock

Endeavor in partnership with Nigerian data collection company, Stears say 84 per cent of start-ups have reported disruptions to their fundraising efforts due to the Covid-19 pandemic.

Banking stocks lift NSE All-Share Index

Gains in banking stocks lifted the NSE All-Share Index today swinging the market into positive territory after three straight sessions of losses. Jolomi Odonghanro, Head of Research at Cordros Capital joins CNBC Africa's Wole Famurewa for more.

Moody’s downgrades Mali’s ratings to Caa1 with negative outlook

Moody’s has downgraded Mali's foreign and local currency long-term issuer ratings to Caa1 from B3, and changed its outlook to negative from stable. Aurelien Mali, Vice President and Sovereign Analyst at Moody’s joins CNBC Africa’s Wole Famurewa for this conversation.