Tag: sam chidoka
Nigeria's major capital market regulator has put out guidelines on how the investing community in Nigeria should classify cryptocurrencies and digital assets. The Securities and Exchange Commission also gave a three-month ultimatum for already existing digital assets to register their offerings. Chuta Chimezie, Founder and Coordinator, Blockchain User Group and Sam Chidoka, MD and CEO of Kairos Capital joins CNBC Africa’s Christy Cole for this discussion.
Nigeria has upped its move to overturn an arbitration award against it worth almost $10 billion in favour of Process & Industrial Developments. Nigeria’s lawyers told the online court it found new evidence of payments from companies related to P&ID to Vera Taiga, the daughter of the chief lawyer for Nigeria’s Petroleum Ministry at the time. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa for more.
With a 25 per cent to 40 per cent forecast decline in foreign direct investment to Africa, different countries in the region will be looking to reposition themselves to take full advantage of the low FDI flows as a source of revenue that has been hit by the COVID-19 pandemic. Meanwhile, Ministers from the ECOWAS region are calling for a coordinated plan to re-open cross border trading. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa for more.
As countries across Africa source intervention funds to battle the economic impact of the COVID-19 pandemic, with Nigeria’s economy especially taking a hit from falling oil prices and local currency devaluation, Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa to discuss how these events are impacting Nigeria's economy.
Nigeria's headline inflation rose for the seventh consecutive month in March, expanding by 6 basis points to 12.26 per cent, while food inflation also rose to 14.98 per cent. Sam Chidoka, Managing Director of Kairos Capital joins CNBC Africa for more.
The contribution of Nigeria's private sector coalition against COVID-19 hit 15.3 billion naira. The coalition which was set up by the Central bank of Nigeria seeks to raise funds to support the fight against the coronavirus pandemic. Meanwhile, Nigeria marked a record high of confirmed cases on Tuesday as the NCDC confirmed 35 new cases bringing the total 174. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa to assess Nigeria’s efforts to curtail the impact of the COVID-19 pandemic.
Nigeria’s House of Representatives have asked the management of telecommunications company, MTN, to provide evidence of tax remittances to government from 2011 to 2015. Meanwhile, IHS Towers plans to list on the New York Stock Exchange. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa to discuss business headlines in Nigeria.