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Nigeria outlines COVID-19 fiscal response

Nigeria’s Finance Minister, Ahmed Zainab has announced some fiscal measures aimed at cushioning the impact of the coronavirus pandemic on the economy. Emmanuel Odiaka, Managing Director and CEO of ECOB Capital joins CNBC Africa to assess these measures and review Nigeria’s fixed income and forex market.

Nigeria PMI slips 47.9 in March with COVID-19 & falling oil prices as negative drivers

FBNQuest says Nigeria’s March PMI slipped to 47.9 index point in March adding that the negative drivers are the spread of the coronavirus internationally and the crash in oil prices. Chinwe Egwim, an Economist at FBNQuest joins CNBC Africa for more....

Expo 2020: Dubai as a springboard for doing business in Africa

Dubai based Phanes Group is an end-to-end solar power provider operating across Africa, the Middle East, Central Asia and the Commonwealth of Independent States. CEO Martin Haupts says the Phanes Group is a truly Dubai home-grown company. CNBC Africa's Chris Bishop caught up with him in Dubai and asked how Dubai is serving as a springboard for the company and their work in Africa.

Nigeria’s fixed income market quiet over COVID-19 lockdown

Traders say Nigeria’s Fixed Income market has been relatively quiet as major market players are currently observing the lockdown. However, the market received CRR refund earlier in the week along with OMO maturities worth 384.1 billion naira, which spurred buying sentiments in the Treasury bill space. Nkem Azinge, Currency Trader at UBA joins CNBC Africa for a recap of this week’s trading at Nigeria’s fixed income and forex market....

Nigeria market watch: Investors look to banks

The NSE banking Index is up over 3 per cent as investor take position in the banking sector. However, the consumer goods index has lost over 44 per cent in the first quarter of the year. Rotimi Fakayejo, Stockbroker and Capital Market Analyst joins CNBC Africa for more....

COVID-19: Nigeria delays electricity tariff hike for 3 months

The Nigerian Electricity Regulatory Commission says there will be no tariff action in April, as the proposed increase in electricity tariffs initially slated for today has been delayed for three months. Nigeria's electricity regulator also notes that tariffs will only be raised as the Distribution Companies improve the quality of supply, meter customers and agree with consumers on rates. George Etomi, Director of the Eko Electricity Distribution Company joins CNBC Africa for more.

Tristan De Boysson: A man with a passion for getting people to invest in Africa’s health sector

He was born in Paris moved to Asia. Now in Dubai he is trying to hook people up with deals in Middle East and Africa in the health game. This is the story of Tristan De Boysson, CEO of Amanat....

COVID-19: Ogun State confirms new case, postpones lockdown to Friday

Nigeria's President imposed a 14-day lockdown on Ogun, Lagos and Abuja but Ogun state has postponed the move until Friday this week. The state governor says the move became necessary to enable the distribution of relief materials ahead of the total lockdown. Remmy Hassan, Special Adviser on Public Communications to the Ogun State governor joins CNBC Africa for more....

COVID-19: How can Nigeria curtail the spread?

On the 27th of February Nigeria announced its index case of the novel corona-virus. As health authorities activated the multi-sectorial National Emergency Operations Centre. Since then the World Health Organisation has declared the disease a pandemic as it spread in over 100 countries. To discuss Nigeria’s efforts to contain the COVID-19 pandemic, CNBC Africa’s Esther Awoniyi caught up with Dr Babaseyi Oyesola, Consultant in Anaesthesia & Critical Care and Akintunde Sawyerr, former Head of Supply Chain at the National Health Service, UK....

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Rupert family fund oversubscribed; applications temporarily suspended

Applications for the Rupert family’s R1 billion small business fund, The Sukuma Relief Programme, which opened on Friday, have temporarily been suspended.

EOH Exco chop salaries by 25%; ask staff to cut by 20%

Technology group EOH narrowed its first half loss per share from continuing operations, while group revenue fell 14 per cent and costs rose. EOH CFO, Megan Pydigadu joins CNBC Africa for more.

SA launches green fund to drive investment into SMMEs

R488 million – that’s how much the Green Outcomes Fund has set aside for fund managers to increase investment in green Small, Medium and Micro-sized Enterprises. To discuss the fund - the first of its kind, CNBC Africa is joined by Tine Fisker Henriksen: Innovative Finance Lead, UCT GSB Bertha Centre and Mark van Wyk: Head of Unlisted Investments, Mergence Investment Managers.

Sarb guides banks to put dividends, bonuses on hold

South Africa’s Reserve Bank has guided banks to put dividends and executive bonuses on hold to help reduce stress on the banking sector from fighting Covid19. For more on this recommendation as well as other directives to ensure the health of the sector, CNBC Africa is joined by Unathi Kamlana, Head of Policy Statistics and Industry Support at the Prudential Authority.

Nigerian banking index gains but industrial goods sector declines

Investors are taking a keen interest in banking stocks today but the Industrial goods sector is facing a steep decline. Dare Fajimolu, Chief Research Officer at Blue Vertex joins CNBC Africa for a recap of today’s trade.