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<p>Nigeria&#8217;s total debt stock was 33.1 trillion naira as at the first quarter of 2021 and according to the Medium-Term Expenditure Framework, new borrowings totaling about15 trillion naira is expected between 2022 and 2024. The document also has an oil price benchmark of $57 a barrel for the year 2022 and projects an average inflation rate of 13 per cent. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa for more.</p>


MTEF: Nigeria’s new borrowings to hit 15 trillion naira by 2024

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<p>CEO of Xcellon Capital Advisors Chamberlain Peterside says social media has evolved as a robust platform for domestic and international commerce, political interaction, citizens engagement, news and entertainment and cannot be easily censored or eradicated. He joins CNBC Africa to explore how Nigeria&#8217;s Twitter ban poses direct and indirect threats to its economic recovery efforts.</p>


How Twitter ban poses threat to Nigeria’s economic recovery efforts

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<p>The Nigerian government is looking to reduce its recurrent expenditure and has proposed a review of payrolls of public servants as well as the merger of some agencies to achieve this. Meanwhile, Budget Nigeria has raised awareness over some loopholes in the country’s 2021 budget. The firm says 316 capital projects amounting to 39.5 billion naira were duplicated in the budget. Joining CNBC Africa to discuss these stories and more are Chamberlain Peterside, CEO of Xcellon Capital Advisors and Femi Oladehin, Partner for Investment Banking at Argentil Capital Partners.</p>


Nigeria moves to review payrolls to cut cost of governance

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<p>Nigeria’s economy contracted by 3.62 per cent in the third quarter of the year, according to data by the National Bureau of Statistics.  Tilewa Adebajo, CEO of CFG Advisory and Chamberlain Peterside, CEO of Xcellon Capital Advisors join CNBC Africa for more.</p>


Nigeria slips into recession as GDP contracts by 3.62% in Q3 2020

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<p>The Central Bank of Nigeria says it will make forex available for activities that would boost the economy and generate jobs. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa to discuss this and other headlines making the rounds in Nigeria.</p>


CBN to make forex available for activities boosting the economy

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<p>Governments across the globe are pouring increasing stimulus packages into their economies to minimise the adverse impact of the coronavirus pandemic. Chamberlain Peterside, CEO of Xcellon Capital Advisors and Femi Oladehin, Investment Banking Partner at Argentil Capital Partners both join CNBC Africa to discuss Nigeria’s defence tactics against this pandemic.</p>


Nigeria to cut 2020 budget by N1.5tn in light of COVID-19

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<p>Nigeria’s Senate has passed the record N10.59 trillion 2020 budget. The budget passed by Nigeria&#8217;s parliament assumes a deficit of 1.52 per cent of the estimated Gross domestic product (GDP) – representing about N2.18 trillion to be financed through foreign and domestic borrowing. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa to unpack the budget.</p>


Nigeria’s Senate passes record N10.59tn 2020 budget

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<p>President of the Senate of Nigeria, Ahmed Lawan says President Muhammadu Buhari could name his cabinet nominees as soon as this week. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa for more.</p>


Nigeria’s new cabinet: Who should make the cut?

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<p>China’s Export-import bank plans to provide 328 million dollars to boost Nigeria&#8217;s telecoms infrastructure. Chamberlain Peterside, Chief Executive Officer of Xcellon Capital Advisors joins CNBC Africa to discuss the economic implications of a stronger China-Nigeria relationship.</p>


Nigeria receives $328mn loan from China to boost telecoms sector

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<p>Nigeria&#8217;s Economic Recovery and Growth Plan identify ‘investing in our people’ as one of three ‘strategic objectives but how can this objective be efficiently met?</p>


Nigeria should invest more in vocational training – Xcellon Capital CEO

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<p>Foreign investments into Nigeria shot up by 147 per cent year on year in the third quarter of 2017. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa to review FDI and FPI activities in Nigeria this past year.</p>


Nigeria reports increase in foreign direct investment in Q3

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<p>The debate on ‘Nigeria&#8217;s 8.6 trillion naira 2018 Appropriation Bill’ has begun in both chambers of the National Assembly with senators faulting some of its projections, describing them as unrealistic.</p>


Senate begins debate on 2018 Appropriation Bill

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<p>Financial Derivatives says the cumulative transactions on the CBN&#8217;s investors and exporter’s foreign exchange window has risen to 18.4 billion dollars, as portfolio flows into the country increased.</p>


Transactions at FX window for investors/exports hit $18.4bn

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<p>In a bid to attract foreign investors into Nigeria, the central bank will start issuing electronic certificates for capital imported into the country, to improve its currency transfer process.</p>


Xcellon Capital Advisors

MTEF: Nigeria’s new borrowings to hit 15 trillion naira by 2024

How Twitter ban poses threat to Nigeria’s economic recovery efforts

Nigeria moves to review payrolls to cut cost of governance

Nigeria slips into recession as GDP contracts by 3.62% in Q3 2020

CBN to make forex available for activities boosting the economy

Nigeria to cut 2020 budget by N1.5tn in light of COVID-19

Nigeria’s Senate passes record N10.59tn 2020 budget

Nigeria’s new cabinet: Who should make the cut?

Nigeria receives $328mn loan from China to boost telecoms sector

Nigeria should invest more in vocational training – Xcellon Capital CEO

Nigeria reports increase in foreign direct investment in Q3

Senate begins debate on 2018 Appropriation Bill

Transactions at FX window for investors/exports hit $18.4bn

CBN reforms capital importation to attract foreign investors

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Xcellon Capital Advisors

MTEF: Nigeria’s new borrowings to hit 15 trillion naira by 2024

How Twitter ban poses threat to Nigeria’s economic recovery efforts

Nigeria moves to review payrolls to cut cost of governance

Nigeria slips into recession as GDP contracts by 3.62% in Q3 2020

CBN to make forex available for activities boosting the economy

Nigeria to cut 2020 budget by N1.5tn in light of COVID-19

Nigeria’s Senate passes record N10.59tn 2020 budget

Nigeria’s new cabinet: Who should make the cut?

Nigeria receives $328mn loan from China to boost telecoms sector

Nigeria should invest more in vocational training – Xcellon Capital CEO

Nigeria reports increase in foreign direct investment in Q3

Senate begins debate on 2018 Appropriation Bill

Transactions at FX window for investors/exports hit $18.4bn

CBN reforms capital importation to attract foreign investors

News Tips

Advertise With Us

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