The oil market is searching for signs of a recovery in demand as prices are headed for their first monthly decline in six months. Market participant are keeping their eyes on a new U.S 2.2 trillion dollar package in the works and signs of growth in U.S. demand from expected data from the American Petroleum Institute on Tuesday and from the Energy Information Administration on Wednesday. Luke Ofojebe, Analyst at Vetiva joins CNBC Africa for more.
Due to the dependence of African countries on commodity exports, portfolio inflows, remittances and Official Development Assistance, a depletion of their reserves would necessitate further currency depreciations while currencies linked to key commodity exports may witness a slight reprieve as trade recovers in the second half of the year. That’s according to a report by Vetiva Capital. Mosope Arubayi, Economist at Vetiva joins CNBC Africa for more.
Vetiva says it expects members of Nigeria’s Monetary Policy Committee (MPC) to vote to keep the Monetary Policy Rate (MPR) and all other policy rates constant today. Mosope Arubayi, Economist at Vetiva joins CNBC Africa for more.
How will local and international investors participate in Nigeria's capital markets next year? Usoro Essien, Head of Research at Vetiva joins CNBC Africa to discuss expectations for the markets and investment climate outlook for Nigeria.
Nigeria’s Monetary Policy Committee voted to keep the benchmark Interest rate unchanged at 13.5 per cent. In its communiqué, the MPC noted that holding its current policy position offers pathways for appraising the effect of policies encouraging lending by the banks. Head of Research at Vetiva, Usoro Essien joins CNBC Africa for a focus on Nigeria’s banking sector.
Nigerian Tier-1 lender, Access Bank says it is ready to acquire the Transnational Bank of Kenya. CEO of Access Bank; Herbert Wigwe, says he anticipates that the deal will be concluded before the end of next week. Head of Research at Vetiva, Usoro Essien joins CNBC Africa for a focus on Nigeria’s banking space.
Nigeria's equities market shed 0.3 per cent last week, as we go into the final trading week of the third quarter – to discuss the expectations for this week, Usoro Essien, Head of Research at Vetiva joins CNBC Africa for more.
Nigeria’s operating environment facing tough times amid increased competitiveness: All eyes on Nigeria’s brewery industry
Earnings from brewery companies in Nigeria have been a mixed bag so far this year. So what do the results say of Nigeria's brewery industry's operating environment and consumer spend? Ifedayo Olowoporoku, Analyst at Vetiva joins CNBC Africa for more.