analysis

In the recently passed 2017 budget, the Legislature raised aggregate expenditure ceiling from 7.298 trillion naira proposed by President to 7.441 trillion naira while adding additional projects to the budget.

Nigeria's power of appropriation tussle

The NSE all share index ended 1.5 percent higher yesterday led strongly by Dangote Cement and the oil and gas Index after the market halted its nine day rally on Tuesday. Philip Anegbe, Research Analyst at ARM joins CNBC Africa for more. 

Nigeria's market rebounds 

The US Transportation Security Administration will conduct the final audit on Jomo Kenyatta International Airport in October, setting the stage for Kenya Airways to start direct flights to America next April. 

Kenya completing final requirement for direct US flights 

Kenya's government agreed to swap loans it provided to the national carrier Kenya Airways for equity, an arrangement that may give the state a controlling stake in the national carrier, according Treasury Secretary Henry Rotich. 

Kenya Airways to convert government's debt to equity

Fitch ratings say the ability of Nigerian banks to access the foreign currency has improved since the CBN introduced the investors and exporters foreign exchange window. 

Foreign-currency liquidity improving for Nigerian banks: Fitch

As profit taking on Nigeria's Stock Exchange continues to put downward pressure on the bourse, Chukwuma Anyanwu, Head Researcher at GTI Securities, joins CNBC Africa to review the trading day. 

Nigerian markets close on positive note

The consumer goods sector on Nigeria's equities market is up over 8 per cent this year, boosted particularly by sector leaders. Chiamaka Nnake, consumer goods Analysts at Meristem Securities joins CNBC Africa for a focus on the sector.

Nigeria consumer goods sector outlook

The NSE's banking sector index ended slightly higher after the equities market halted its nine day rally at the end of the previous trading session. Muyiwa Oni, Banking Analyst at Stanbic Ibtc joins to discuss the outlook for the banking sector.

Nigeria's banking industry outlook

Kenya Airways share price closed Monday's session at Ksh 6.75, up 45 per cent since beginning of February.

Telkom Kenya shuts down its mobile money service

The Central Bank of Kenya has extended sale of the 12-year infrastructure bond to March 2nd to raise Ksh24 billion, as the bond only fetched Ksh6 billion on 22nd February. 

Kenya extends sale of 12-year Ksh24bn bond

Mobile money transfers have gone up to Kshs 3.35 trillion in 2016 following the increased number of mobile lending in the country. Elsewhere, Uchumi's half year 2017 losses have narrowed by 46 per cent.

ANALYSIS