Tag: Open Exchange
The peaceful #EndSars protest against police brutality across Nigeria took a new turn in recent days, as hoodlums attempt to hijack the process.
Experts have described the deal between Paystack and U.S firm Stripe as one of the largest Mergers and Acquisition deal in Nigeria’s fintech industry one which they say shows that the industry is moving in the right direction. Joining CNBC Africa’s Kenneth Igbomor for a conversation on the future of Nigeria’s Fintech space are; Collins Onuegbu, Executive Vice Chairman of Signal Alliance and Kayode Akindele, Partner at TIA Capital.
Nigeria's government says estimates show that Compressed Natural Gas could cost as much as 97 Naira per litre. Nigeria is exploring possible affordable alternatives to Premium Motor Spirit and plans to install gas facilities at petrol stations. Adeoye Adefulu, Partner at Odujinrin and Adefulu joins CNBC Africa for more.
Nigeria’s President, Muhammadu Buhari says the disbanding of the Federal Special Anti-Robbery Squad is only the first step to extensive police reforms.
In a chat with CNBC Africa, the World Bank’s President David Malpass said to have a clear line of sight to recovery, countries will need to deal with the health crisis, have vaccines and also deal with the debt which is too large and as well as look for ways to have more durable growth. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa’s Kenneth Igbomor to explore ways country can drive inclusive growth post-COVID-19.
The Asian Development Bank says governments will need to assess the impact of the COVID-19 on the financial viability and sustainability of planned and on-going public-private partnership projects and be prepared to manage the contractual impacts which would however be difficult to predict and highly specific from project-to-project and country-to-country. Srinivas Sampath, Chief of Public-Private Partnership Thematic Group at the Asian Development Bank and Egie Akpata, Director at UCML Capital Limited join CNBC Africa for more.
Nigeria’s much-awaited Petroleum Industry Bill has suffered yet another setback. The Minister of State for Petroleum Resources, Timipre Sylva says the National Assembly has moved deliberations on the bill to the first quarter of 2021. Joining CNBC Africa’s Kenneth Igbomor for this conversation are Oyeyemi Oke, Oil and Gas Lawyer and Partner at A02 Law and Dipo Ajayi, Head of Fixed Income and Forex at Chapel Hill.
The World Bank says the Covid-19 pandemic could push over 100 million people into extreme poverty this year. According to the Bretton Woods Institution, Nigeria has the largest poor population in Sub-Saharan Africa that’s about 79 million extreme poor which accounts for 20 per cent of the total poor in the region. Dipo Ajayi, Head of Fixed Income at Chapel Hill Denham joins CNBC Africa for more.