Implementing the regulations of the Nigerian Content Development and Monitoring Board involves pragmatic steps to attain a win-win situation for the country and the companies operating in it. This is according to Simbi Wabote, Executive Secretary of the Nigerian Content Development and Monitoring Board. He discussed this and more with CNBC Africa’s Jill De Villiers on the side-lines of the African Oil Week.
The global top 100 companies have continued to outperform industry peers even amid the market volatility caused by Covid-19. Microsoft, Apple Netflix and Tesla are amongst those who have seen increased market capitalisation during Covid-19, joining CNBC Africa for more is Alice Tomdio, Director of Capital Markets at PwC Nigeria.
The International Air Transport Association is urging governments in Africa and the Middle East to create alternatives to airline arrival quarantine, as this would allow economies to re-start whilst avoiding the risk of increasing Covid-19 cases. Muhammad Albakri, Regional Vice President for Africa and the Middle East at the International Air Transport Association joins CNBC Africa for more.
Sub-Saharan African PMI’s released by Markit Economics rose in June although business conditions in the six countries that were surveyed continued to weaken. Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking joins CNBC Africa for more.
The World Bank says the collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.
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