Tag: Winston Osuchukwu

World Bank: AfCFTA to boost Africa’s income by $450bn by 2035

The World Bank says the COVID-19 pandemic has disrupted trade and triggered up to $79 billion in output losses in Africa alone this year. But the bank stressed that the African Continental Free Trade Agreement has the potential to boost Africa’s income by $450 billion by 2035. Winston Osuchukwu, co-Founder of Trans-Sahara Incorporated joins CNBC Africa for more.

How the naira devaluation impacts Nigerian businesses

With the recent 5.5 per cent devaluation in naira at the SMIS window, what currency risks are Nigerian businesses exposed to? Winston Osuchukwu, Co-Founder of Trans-Sahara Incorporated joins CNBC Africa for more.

Nigeria’s FEC approves N2.3 trillion stimulus plan

Nigeria's Federal Executive Council has approved a transit plan between the country's Economic Recovery Growth Plan which elapses this year and a successor plan - the Nigeria Economic Sustainability Plan. The 2.3 trillion naira 12-month stimulus plan looks to combat recession projections and cushion COVID-19 impact on the economy. Winston Osuchukwu, Co-Founder of Trans-Sahara Incorporated joins CNBC Africa for more.

Buhari seeks Senate’s approval for fresh loans

Nigeria’s President Muhammadu Buhari is seeking the House of Representatives approval for fresh external borrowings of about $5.513 billion. Amid current local and global economic realities, can Nigeria bear more debts? Winston Osuchukwu, Co-founder of Trans-Sahara Incorporated joins CNBC Africa for more.

2020 budget to reflect revenues and expenditure for Nigeria’s GOEs

Nigeria is projecting economic growth at 2.93 per cent for 2020, with a larger budget of 10.07 trillion naira, while the crude oil benchmark has been slashed to $55 per barrel of oil. As contained in the draft copy of the Medium Term Fiscal Framework. To put this in perspective, Winston Osuchukwu, Co-founder and Managing Partner at Trans-Sahara Investment (TSIC) joins CNBC Africa for more.

How global trade tensions are impacting Ghana’s economy

In the face of a rising global trade tension and projected global recession in 2020 – to discuss how these global issues are impacting emerging economies like Ghana’s, Emmanuel Zewu, Vice President for the Economic Research and Policy analysis unit at New Era Africa and Winston Osuchukwu, Co-founder of Trans-Sahara Incorporated join CNBC Africa for more.

U.S 30-year treasury yield hit record low, backs fears of global recession

Oil Prices steadied today following a sharp dip from recession concerns. Brent currently trades down 13 cents to 59 dollars 35 cents. To discuss this and other stories making the rounds, Winston Osuchukwu, Co-founder of Trans-Sahara Incorporated joins CNBC Africa for more.

AfCFTA: The investment case for Nigeria

Trading on the African Continental Free Trade Agreement (AfCFTA) is scheduled to commence on the first of July 2020 even as the operational phase of the treaty was launched on the sidelines of the African Union (AU) summit in Niamey. Winston Osuchukwu, Co-founder of Trans-Sahara Incorporated joins CNBC Africa for more.
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