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<p>The National Bureau of Statistics has released the inflation report for July 2017 and it shows that inflation reduced to 16.05 percent year on year compared to 16.10 per cent in June 2016.</p>


Nigeria’s July inflation down to 16.05%

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<p>The NSE All Share Index closed in the red last week on the back of sell-offs in large cap stocks. Tominiyi Ramon, Industrial Goods Analyst, Vetiva Capital Management joins CNBC Africa for an outlook for the market this week.</p>


Sell-off drives Nigeria’s equities decline

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<p>Recent data from Nigeria&#8217;s National Bureau of Statistics has shown that 1,489 workers in the banking sector lost their jobs in the second quarter of 2017 despite signs of improving economic sentiments in the country.</p>


Nigerian banks shed 1400 jobs in Q2 despite economic recovery

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<p>The naira remained unchanged at both the parallel and interbank forex market and closed at 370 to the dollar and 305 against the dollar respectively. Meanwhile, the treasury bills secondary market witnessed some bearish sentiments.</p>


Naira remains unchanged at parallel, interbank market

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<p>Analysts say the improving sentiments in Nigeria&#8217;s economy increases investors and issuer confidence in listed companies and the capital market, Chinedu Anozia, Chief Operating Officer, CLG Securities joins CNBC Africa for more.</p>


Nigeria’s listings & rights issues

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<p>A last minute rally by Dangote Cement saw the equities market rebound yesterday. Obanuju Nsofor, Investment Research Analyst at Afrinvest joins CNBC Africa for more.</p>


Last minute rally in Dangote Cement lifts stock market

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<p>This week has been an eventful week in West Africa from the terror attacks in Burkina Faso and Nigeria, to the mudslide in Sierra Leone and Land slide in the Republic of Congo, to the release of Nigeria&#8217;s corruption report.</p>


West Africa’s top stories: Sierra Leone, Nigerian corruption, DRC

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<p>Nigeria&#8217;s equities market was up 0.6 per cent on Thursday, recording its first gain of the week. This was spurred by a last minute rally by Dangote Cement. So far the NSE All Share Index is down 4.7 per cent this week.</p>


How did Nigeria’s stock market fare this week?

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<p>Nigeria&#8217;s equities market ended in the red for the third consecutive session, hitting a 16 day low on the back of profit taking by investors.</p>


Nigerian stocks turn lower on profit-taking

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<p>Nigeria&#8217;s 2017 budget is meant to pull the country out of the current economic recession but how should the government prioritize its spending? Seun Onigbinde, Co- founder of Budgit joins CNBC Africa for more.</p>


Will Nigeria’s 2017 budget pull it out of recession?

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<p>Nigeria&#8217;s importers and exporters foreign exchange window introduced by the Central Bank of Nigeria about four months ago has attracted four billion dollars from foreign investors since April.</p>


CBN I&E forex window attracts $4bn in three months

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<p>In a bid to lower costs and improve Nigeria&#8217;s debt position, the government announced plans to refinance 3 billion dollars’ worth of treasury bills denominated in local currency with dollar borrowing.</p>


Nigeria to refinance $3bn worth of T-bills with dollar debt

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<p>According to the President of the Nigeria Labour Congress, the over 6 trillion naira accumulated pension fund under the Contributory Pension Scheme has been over-borrowed. This is according to local newspaper.</p>


Nigeria’s top business news

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<p>After climbing by 44 per cent since the 30th of May, Dangote Cement shares seem to have hit a plateau, falling 0.5 percent on Monday. Ifeoluwa Falade, Investment Research Analyst joins CNBC Africa for more.</p>


Nigeria’s industrial sector in perspective

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<p>In the news today, Nigeria&#8217;s federal high court has ordered the permanently forfeiture of a 37.5 million dollar apartment block owned by former oil minister Diezani Alison-Madueke.</p>


Nigerian court orders seizure of former oil minister’s property

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<p>The returns on of Nigerian Treasury Bills are crowding out private sector issuers. Dipo Ajayi, Head of Fixed Income and Foreign Exchange, Primera Africa joins CNBC Africa for an update on Nigeria&#8217;s fixed income and forex markets.</p>


Nigerian T- bills crowd out private sector

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<p>Nigeria&#8217;s equities market is up 0.73 per cent this week as the All Share Index crossed the 37,000 mark in the previous trading session. Dare Fajimolu, Chief Research Officer, Blue Vertex joins CNBC Africa for more.</p>


FYI

Nigeria’s July inflation down to 16.05%

Sell-off drives Nigeria’s equities decline

Nigerian banks shed 1400 jobs in Q2 despite economic recovery

Naira remains unchanged at parallel, interbank market

Nigeria’s listings & rights issues

Last minute rally in Dangote Cement lifts stock market

West Africa’s top stories: Sierra Leone, Nigerian corruption, DRC

How did Nigeria’s stock market fare this week?

Nigerian stocks turn lower on profit-taking

Will Nigeria’s 2017 budget pull it out of recession?

CBN I&E forex window attracts $4bn in three months

Nigeria to refinance $3bn worth of T-bills with dollar debt

Nigeria’s top business news

Nigeria’s industrial sector in perspective

Nigerian court orders seizure of former oil minister’s property

Nigerian T- bills crowd out private sector

Nigeria’s equities market up 0.73%

News Tips

Advertise With Us

FYI

Nigeria’s July inflation down to 16.05%

Sell-off drives Nigeria’s equities decline

Nigerian banks shed 1400 jobs in Q2 despite economic recovery

Naira remains unchanged at parallel, interbank market

Nigeria’s listings & rights issues

Last minute rally in Dangote Cement lifts stock market

West Africa’s top stories: Sierra Leone, Nigerian corruption, DRC

How did Nigeria’s stock market fare this week?

Nigerian stocks turn lower on profit-taking

Will Nigeria’s 2017 budget pull it out of recession?

CBN I&E forex window attracts $4bn in three months

Nigeria to refinance $3bn worth of T-bills with dollar debt

Nigeria’s top business news

Nigeria’s industrial sector in perspective

Nigerian court orders seizure of former oil minister’s property

Nigerian T- bills crowd out private sector

Nigeria’s equities market up 0.73%

News Tips

Advertise With Us

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