TV Shows

OPEC+ meets as demand concerns weigh oil markets

The Joint Ministerial Monitoring Committee of oil producer club, OPEC will meet virtually today to assess the state of the market. But expert say they do not expect any major decision on crude supply until the two-day meeting scheduled for the 1st of December. Uchenna Minnis, Managing Partner at BluFX Nigeria joins CNBC Africa for more.

Nigerian equities opens week in red

Nigeria’s equities market gained 0.86 per cent last week supported largely by gains in the banking sector which is up 12.7 per cent this quarter. Rotimi Fakayejo, Stockbroker and Capital Market Analyst joins CNBC Africa to discuss what we can expect this week....

Protests in Nigeria & Cote d’Ivoire threaten to slow economic activity

Protests in Nigeria and Cote d’Ivoire are threatening to once again slow economic activity. In Nigeria, protests against police brutality have been gathering momentum across the country, with mounting fears that it could worsen the already difficult economic situation. The Lagos Chamber of Commerce and Industry noted that the protests are adversely affecting business and could lead to a shutdown of the economy if not properly managed. Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking joins CNBC Africa for more.

How CAMA 2020 impacts non-profit organisations

While some say Nigeria scored a major point in reforming its business ecosystem with the new companies and allied matters act of 2020. Some others, however, have viewed the provisions as it relates to Not-For-Profit Organisations as a poisoned chalice. Tomi Vincent, Managing Partner, Ivory Solicitors joins CNBC Africa to discuss the sticking points....

How data can help capital markets manage future shocks

The Nigerian Stock Exchange aims to bring the spotlight on the importance of data in mitigating shocks in the capital markets and focus on how identifying consistent patterns can help deliver a better return on investment. Jude Chiemeka, Head of Trading Business Division at the NSE joins CNBC Africa’s Kenneth Igbomor for more.

Financial markets react to Nigeria’s September inflation data

Lukman Otunuga, Senior Research Analyst at FXTM Market joins CNBC Africa’s Kenneth Igbomor to highlights how Nigeria’s financial markets are reacting to Nigeria’s September inflation data....

Nigeria’s headline inflation rises to 13.71% in September

Nigeria’s headline inflation for the month of September recorded a 49-basis point rise to 13.71 per cent year-on-year, compared to the 13.22 per cent recorded in August. Food inflation increased for the 14th consecutive month to 16.66 per cent year-on-year. Financial Derivatives say Nigeria’s upward inflationary pressures are exerted by a string of factors compounded by the electricity tariff hike, currency weakness and forex scarcity. Funmi Adebowale, Research Analyst at Financial Derivatives joins CNBC Africa for more.

Nigeria’s bonds market await outcome of T-Bills auction

Traders at UBA say Nigeria’s bonds market is experiencing some reversals and drop in prices as the market anticipates the fourth quarter bonds auction calendars. As we await the outcome of today’s treasury bills auction, Bankole Odusanya, Head of Fixed Income Trading at UBA joins CNBC Africa for more....

Nigeria looks to benefit from improved remittance flows as countries emerge from lock-downs

The International Monetary Fund says remittance flows contracted sharply during the early lockdown period but have shown signs of recovery. Although the IMF says the risk of a decline in payments and transfers from migrant workers back to their home countries is very significant, particularly for those in sub-Saharan Africa. Michael Famoroti, Chief Economist at Stears joins CNBC Africa to discuss what this means for Nigeria’s economy.

Nigerian equities close with marginal gains

The marginal gains seen at Nigeria’s equities market on Tuesday were sustained in today’s session. Timchang Gwatau, Research Analyst at Meristem Securities joins CNBC Africa for more....

Against the Odds with Peace Hyde EP10 hosts Funke Bucknor-Obruthe

Funke Bucknor-Obruthe is a Nigerian entrepreneur and lawyer. She is the founder and CEO of Zapphaire Events and is regarded as one of Nigeria's pioneering event planners. In this episode of Against All Odds, Peace Hyde explores how her love for event planning made her move from law to start Zapphaire Events, an independent event planning enterprise against all odds.

Nigerian equities watch: Investors look to brewers

The NSE ended the week with marginal gains, as investors look to brewers for value. Rotimi Fakayejo, Stockbroker and Capital Market Analyst joins CNBC Africa to discuss those trends and news that shaped trade at the Nigerian equities market this week....

What to expect from Nigeria’s debt market next week

Traders say the low yield environment in Nigeria’s debts market may have pushed some surplus units to the equities market as we have seen the NSE All-Share index climb consecutively for days. Ahead of Nigeria’s expected Q2 GDP data on Monday, Bankole Odusanya, Head of Fixed Income Trading at UBA joins CNBC Africa’s Christy Cole to discuss what to expect from the capital market next week....

Rwanda launches Rwf300m recovery fund for creative industry

In Rwanda, a total of 30 impact oriented and sustainable projects from stakeholders in the Cultural and Creative Industry are set to benefit from a Rwf300m ($315,900) recovery fund launched by the government and various partners. On this episode of Doing Business In Rwanda, we had conversations with different officials for more....

The Nigerian Stock Exchange ends week in the red

Bellwethers in the consumer goods and telecoms space weighed down the markets today as the week winds down. Moses Hammed, Analyst at Investment One Financial Services joins CNBC Africa for more....

Against the Odds with Peace Hyde EP09 hosts Lanre Da Silva Ajayi

Lanre Da Silva Ajayi is a Lagos-based fashion designer considered to be one of Nigeria's leading couturiers. Launched in 2005, her eponymous label includes couture, ready-to-wear, jewellery and hairpieces. After studying finance and business in the UK, Lanre changed her path to her calling in fashion. However, this did not happen overnight. To make it to the top of the African fashion industry, she had to overcome a number of challenges. She sits down with Peace Hyde to share her remarkable journey Against all Odds.

COVID-19: What the reopening of airports means for Rwanda’s economy

Kigali International Airport is set to reopen on August 1st after months of closure to avoid the spread of COVID-19. Today’s episode of Doing Business in Rwanda looks at the new features set up at the airport to ensure its safety as well as the economic significance of its reopening....

COVID-19: What to expect from Nigeria’s economic stimulus plan

The Nigeria Economic Sustainability Plan is a 2.3 trillion naira stimulus plan that the government of Nigeria wants to use to reduce the effects of an expected deep recession caused by the COVID-19. The first phase of the response plan focuses on agriculture for food and jobs. Kyari Bukar, former Chairman of the Nigeria Economic Summit Group joins CNBC Africa for more.

ECOWAS holds extraordinary summit on Mali’s political crisis

West African leaders have begun a virtual extraordinary summit to negotiate an end to the deepening political crisis in Mali. This comes after presidents from Nigeria, Ivory Coast, Senegal, Ghana and Niger held talks on Thursday last week that ended in a stalemate. Onyekachi Adekoya, Managing Director of PR24 Nigeria joins CNBC Africa for more.

Against the Odds with Peace Hyde EP08 hosts Tara Fela-Durotoye

Tara Fela-Durotoye is a Lawyer turned beauty entrepreneur and the founder and current C.E.O House of Tara International. She started the trend of bridal make up profession in Nigeria where she has empowered over 5000 young ladies with the Tara beauty representatives' initiative that makes them economically independent while building their entrepreneurial skills for national transformation. We find out how she became a beauty pioneer and icon in Nigeria, Against all Odds.


How SA can prepare for a second COVID-19 wave in Europe

Europe has seen a significant increase in COVID-19 cases in recent weeks, with a second wave of COVID-19 threatening economies – economies that have already been battered by the pandemic. One of the concerns is South Africa’s preparation for the surge in cases in Europe. The markets are also looking at the looming U.S. Presidential election, and performance of emerging markets in the fourth quarter. Jameel Ahmad, Director of Investment Strategy at NAGA joins CNBC Africa for more.

Long4Life CEO: Here’s where we see expansion opportunities

Investment firm Long4Life has reported a 75.5 per cent drop in interim profit, following a significant disruption on all group businesses, due to COVID-19. Long4Life - which owns Sportsmans Warehouse and Sorbet - has reported that trading profit for the six-months ended August declined to R49.1 million. Group revenue fell by 22.6 per cent to R1.4 billion. Long4Life CEO, Brian Joffe joins CNBC Africa for more.

#ENDSARS: Unrest escalates in Nigeria

Tensions in Nigeria are escalating, as citizens call for an end to Police brutality. About two weeks ago unrest erupted, with Nigerians voicing out their anger over abuses by the Special Anti-Robbery Squad. Thousands have taken to the streets, with peaceful protesters being shot and killed. Amnesty International has blamed security forces. A curfew has also been imposed in the capital Lagos. CNBC Africa’s Kenneth Igbomor and Onyekachi Adekoya, Managing Director at PR24 Nigeria share more insight.

UNCTAD on how to tackle trade barriers in Africa

Non-Tariff Barriers are among the main obstacles to intra-African trade. A report by the United Nations Conference on Trade and Development (UNCTAD) shows that African countries could gain USD20BN each year by tackling these barriers at the continental level. CNBC Africa spoke to the Economic Affairs Officer at UNCTAD, Giovanni Valensisi, for more on trade barriers in Africa.

Tough conditions impact StanChart Kenya’s half-year results

Standard Chartered Kenya has reported a decline in the bank’s half year earnings while at the same time taking an interesting route of increasing its loan provisions. CNBC Africa’s Arnold Kwizera caught up with the bank’s CEO Kariuki Ngari for more.