Yesterday the International Monetary Fund released their latest Regional Economic Outlook Report for Sub Saharan Africa. CNBC Africa spoke to two of the economists who co-authored the chapter on digitalization on how connectivity impacts economic growth.
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.
Nigeria’s planned electricity tariff hike which was earlier scheduled for the first of July has been postponed until the first quarter of 2021. This decision was taken by the leadership of the National Assembly after a meeting with the regulators NERC, and representatives of electricity distributors. George Etomi, Director of the Eko Electricity Distribution Company joins me to discuss this story and more.
The World Bank says both the demand and supply of side of the global commodities market has been affected by the COVID-19 pandemic. Independent Commodities Expert, Edward George joins CNBC Africa for a look at what to expect from the soft commodities markets in the second half of the year.
It is the first day of July and this month’s activities at Nigeria’s fixed Income market will begin with a Treasury Bills auction as the Debt Management Office intends to rollover a total of 88.8 billion naira across the standard tenors. So what can we expect from the market in the second half of the year? Constance Onyia, Fixed Income Dealer at Access Bank joins CNBC Africa for more.
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“There are two people dead that I know of and many injured,” said the person, who was not authorized to speak to the media.
“People have that ignorance of looking at chocolate like it’s something from abroad, that can’t be made in Africa,” Kalinda said, stirring the pot. “We decided to break that rule.”
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