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<p>Nigeria’s telecommunication sector grew by 7.69 per cent in the first quarter of the year, falling short compared to the preceding quarter which registered an impressive 17.64 per cent growth rate. Meanwhile, data privacy concerns are rife in Nigeria as the Telecoms regulator plans to automatically capture the International Mobile Equipment Identity of mobile subscribers. Olusola Teniola, President of the Africa Digital Economy Forum and the Nigeria National Coordinator for the Alliance for Affordable Internet joins CNBC Africa for more.</p>


Nigeria’s telecoms sector growth falls short as data privacy concerns emerge

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<p>Nigeria’s much anticipated National Carrier is now set to begin operations in the first quarter of next year. Dele Ore, Chairman of the Board of Trustees of the Aviation Safety Round Table Initiative joins CNBC Africa to discuss the journey to this milestone.</p>


Nigeria’s new National Carrier set for take-off in first quarter of 2022

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<p>While addressing the Financing Africa Summit in Paris, Nigeria’s President Muhammadu Buhari urged donor nations and international development finance institutions to grant debt relief to African countries. Meanwhile Nigeria’s Debt Management Office says the $6.18 billion external capital raising request by the President was already captured in the 2021 appropriation act. Egie Akpata, Director at UCML Capital joins CNBC Africa for more.</p>


Buhari urges debt relief for African countries

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<p>President Muhammadu Buhari is seeking the approval of the Nigerian Senate for a $6.18 billion debt raise. In a letter the president says the funds will be used to finance the 2021 budget deficit of 5.6 trillion naira. Paul Alaje, Senior Economist at SPM Professional joins CNBC Africa for more.</p>


Buhari seeks approval to raise $6.18bn

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<p>Lagos based fintech BFREE which was founded last year, has raised eight hundred thousand dollars in a seed round which will enable customers who have fallen behind on their credit payment with personal budgeting processes. The ethical credit fintech also customizes repayment plans that fits customers disposable income. Chukwudi Enyi, Co-Founder and Chief Operating Officer of BFREE joins CNBC Africa for more.</p>


Nigerian fintech BFREE raises $800

Nigerian fintech BFREE raises $800,000 to facilitate credit management

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<p>Ratings agency, Fitch says the outlook for Nigerian banks&#8217; credit fundamentals has stabilised since the initial economic shock from the pandemic but noted that asset quality deterioration remains lingering risks to banks&#8217; credit. Joining CNBC Africa for more on the state of Nigeria’s banking sector is Mahin Dissanayake, Senior Director at Fitch Ratings.</p>


Fitch: Asset quality deterioration lingering risk to Nigerian banks’ credit

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<p>French President Emmanuel Macron will today host several African leaders and heads of global financial institutions in a summit that seeks to provide needed funds for Africa’s post-pandemic recovery. Meanwhile, Nigeria’s headline inflation slipped marginally from 18.17 per cent in March to 18.12 per cent in April according to the National Bureau of Statistics. Dipo Ajayi, Head of Fixed Income and Forex at Chapel Hill Denham joins CNBC Africa for more.</p>


France host African leaders on financing for economic recovery

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<p>In recent weeks, the Nigerian National Petroleum Corporation announced the selection of various firms for two of its main contracts; the Direct sale, Direct Purchase contract and the Crude-for-Fuel Swap Contract. Oyeyemi Oke, Oil and Gas lawyer and a Partner at A02 Law joins CNBC Africa for more.</p>


Nigeria selects firms for key oil contracts

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<p>The first-ever Assistant United States Trade Representative for Africa, Rosa Whitaker has called on the U.S to change its policy approach to the continent.</p>


Whitaker Group CEO on rethinking U.S-Africa relations through trade and development

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<p>Several African and European head of states are set to meet in Paris for the African Finance Summit which kicks off on Tuesday. The summit will feature discussions on external funding and debt treatment for Africa as well as private sector reforms. On the side-lines of the summit, Nigeria’s President Muhammdu Buhari is expected to meet with French President Emmanuel Macron over growing security threats in the Sahel region. Dayo Amzat, Managing Director and CEO of Zedcrest Capital joins CNBC Africa for more.</p>


African leaders set for Paris summit on economic recovery

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<p>The International Monetary Fund says deeper, and more equitable, fiscal effort is needed to address Ghana’s debt vulnerabilities exacerbated by the pandemic.</p>


GHnan

IMF completes 2021 Article IV consultation in Ghana

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<p>Fitch Ratings says although post-COVID-19 recovery is underway for Sub-Saharan Sovereigns; it is dampened by the weak state of public finances while the slow pace of coronavirus vaccination means that pandemic-related risk remains high. Jan Friederich, Senior Director at Fitch Ratings joins CNBC Africa for more.</p>


Fitch: Weak fiscals

Fitch: Weak fiscals, slow vaccination dampens SSA recovery

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<p>The ECOWAS Bank for Investment and Development (EBID) plans to raise 240 billion CFA Francs in several phases over the next 12 months, starting with the first tranche of 50 billion CFA Francs which will be raised in the regional financial market today. Joining CNBC Africa for this conversation is the bank’s Director for Treasury and Resource Mobilization Department, Andrew Amankwah and the CEO of Impaxis Securities, Ababacar Diaw.</p>


EBID plans to raise XOF240bn to finance post-COVID-19 recovery

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<p>Nigeria’s Presidential Economic Advisory Council has urged President Muhammadu Buhari to adopt a pricing regime to reflect the cost of petrol and remove subsidy on the commodity. Meanwhile, data from the Central Bank of Nigeria shows that Nigeria&#8217;s trade deficit rose to $2.5 billion as at January this year. As we await a flurry of economic data this month, Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.</p>


Nigeria’s Economic Advisory Council calls for petrol subsidy removal

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<p>The World Bank says the highest rates of entrepreneurship in the world are in Sub-Saharan Africa. The Tony Elumelu Foundation has been tapping into the potential of Africa&#8217;s young entrepreneurs for over a decade and the CEO, Ifeyinwa Ugochukwu joins CNBC Africa to discuss how the pandemic and the continental trade pact can spur new entrepreneurs in Africa.</p>


How COVID-19 & AfCFTA can spur new African entrepreneurs

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<p>Year-to-date returns in Nigeria&#8217;s equities market for 2020 reached its highest yearly gain since 2008 when the NSE All-Share Index gained 50.03 per cent to close the year. Meanwhile, trading under the African Continental Free Trade Agreement began on the first of January this year and has been touted as a key component of the continent&#8217;s economic recovery. Wale Olusi, Head of Investment Research at United Capital and Omotola Abimbola, Macro &#038; Fixed Income Analyst at Chapel Hill joins CNBC Africa to discuss what 2021 holds for the markets, trade and the economy.</p>


Outlook 2021: What the year holds for Nigerian economy

Outlook 2021: What the year holds for Nigerian economy, markets

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<p>The World Bank says the African Continental Free Trade Agreement is a major opportunity for African countries to diversify their exports, accelerate growth and attract foreign direct investment. So how ready is Africa to take advantage of this trade pact?  Dr. Abdu Mukhtar, AFDB&#8217;s Director of the Industrial &#038; Trade Development Department and Muda Yusuf, Director-General of the Lagos Chambers of Commerce and Industry join CNBC Africa for more.</p>


financial markets

Nigeria’s telecoms sector growth falls short as data privacy concerns emerge

Nigeria’s new National Carrier set for take-off in first quarter of 2022

Buhari urges debt relief for African countries

Buhari seeks approval to raise $6.18bn

Nigerian fintech BFREE raises $800,000 to facilitate credit management

Fitch: Asset quality deterioration lingering risk to Nigerian banks’ credit

France host African leaders on financing for economic recovery

Nigeria selects firms for key oil contracts

Whitaker Group CEO on rethinking U.S-Africa relations through trade and development

African leaders set for Paris summit on economic recovery

IMF completes 2021 Article IV consultation in Ghana

Fitch: Weak fiscals, slow vaccination dampens SSA recovery

EBID plans to raise XOF240bn to finance post-COVID-19 recovery

Nigeria’s Economic Advisory Council calls for petrol subsidy removal

How COVID-19 & AfCFTA can spur new African entrepreneurs

Outlook 2021: What the year holds for Nigerian economy, markets

How the AfCFTA can drive Africa’s COVID-19 recovery

News Tips

Advertise With Us

financial markets

Nigeria’s telecoms sector growth falls short as data privacy concerns emerge

Nigeria’s new National Carrier set for take-off in first quarter of 2022

Buhari urges debt relief for African countries

Buhari seeks approval to raise $6.18bn

Nigerian fintech BFREE raises $800,000 to facilitate credit management

Fitch: Asset quality deterioration lingering risk to Nigerian banks’ credit

France host African leaders on financing for economic recovery

Nigeria selects firms for key oil contracts

Whitaker Group CEO on rethinking U.S-Africa relations through trade and development

African leaders set for Paris summit on economic recovery

IMF completes 2021 Article IV consultation in Ghana

Fitch: Weak fiscals, slow vaccination dampens SSA recovery

EBID plans to raise XOF240bn to finance post-COVID-19 recovery

Nigeria’s Economic Advisory Council calls for petrol subsidy removal

How COVID-19 & AfCFTA can spur new African entrepreneurs

Outlook 2021: What the year holds for Nigerian economy, markets

How the AfCFTA can drive Africa’s COVID-19 recovery

News Tips

Advertise With Us

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