The Central Bank of Nigeria sole 194 billion worth of Treasury bills at Thursday’s Primary Market Auction. As the four-day trading week comes to a close, Bankole Odusanya, Head of Fixed Income trading at UBA joins CNBC Africa to review this week’s trading at Nigeria’s fixed income and forex market.
The much debated Protection of Personal Information Act is being put to bed. President Cyril Ramaphosa announced on the 22nd of June that all operational provisions of POPIA will officially commence on 1 July 2020, except for two provisions, sections 110 and 114(4), which will only commence on 30 June 2021. Is it worth it for businesses not to comply and what are the security issues around it? Wale Arewa, CEO of Xperien and Leishen Pillay, Associate Director of Privacy and Technology at Deloitte join CNBC Africa to give insight.
Is the South African government prepared to let go of control of its ailing airline South African Airways in a bid to save it? "We are not obsessed with control," the deputy director general of the Department of Public Enterprises was quoted as saying. He added that the government was ready to cede management control to private investors. What does this mean for business - is it practical? Air News Editor, Heidi Gibson joins CNBC Africa for more.
After recording its lowest ever Manufacturing PMI at 43.3 points in May, FBN Quest's PMI recorded a steep rise to 53.9 points in the month of June. Chinwe Egwim, Economist at FBN Quest Merchant Bank joins CNBC Africa for more.
The Nigerian Stock Exchange has upgraded its Data Portal and says the revamped X-DataPortal will provide a more efficient, user-friendly experience. Jude Chiemeka, Head for Trading at the NSE joins CNBC Africa for more.
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