As we kick off the last month of the first quarter of the year, Emmanuel Odiaka, Managing Director and CEO of ECOB Capital joins CNBC Africa to discuss what to expect from Nigeria’s fixed income and forex market in the face of dwindling global yields….
Shares in South African petrochemicals group Sasol surged nearly 30% on Friday as a recovery in oil prices sparked buying of the stock, which was pummelled in the previous session.
The International Monetary Fund (IMF) on Thursday said it will be working closely with the Nigerian authorities in the coming days to assess any vulnerabilities which may be exposed by the sharp decline in crude prices, as Nigerian and Angolan dollar bonds sank to record lows.
Plummeting oil prices and a continued surge in global coronavirus cases has caused markets around the world to nosedive today, with Nigeria confirming its second case of COVID-19 in the country. Traders say they expect the movement in the price of Brent crude to guide demand in the bond space. Victor Aluyi joins CNBC Africa to discuss the impact on Nigeria's fixed income and FX Markets.
Global markets are in the red and the rand tanks on the back of the oil price war between Saudi Arabia and Russia as well as the developments of the Covid-19 virus. Joining CNBC Africa for more is Han Tan, Market Analyst at FXTM and Andre Cilliers, Currency Risk Specialist and Director at TreasuryONE....
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Traders say the high demand and poor supply characterising Nigeria’s forex market for the past few months have resulted in fairly stable rates observed in the trading days this week. Ifeoma Onyejekwe, Fixed Income Trader at UBA joins CNBC Africa for more....
This morning it was announced that taxi motos are now permitted to accept passengers again after over two months of being off the road due to the dangers around the spread of Covid-19. This is good news not only for many of the 45,000 taxi-motorists in the country that depend on the income, but also for the thousands of citizens that they transport daily. CNBC Africa spoke to analyst, Moses Gahigi for more.
While hosting African Development Bank (AfDB) President Akinwumi Adesina on a courtesy visit at State House on Tuesday, Nigerian President Muhammadu Buhari said the country will support Adesina in his bid to get re-elected as President of the multilateral bank.
The Nigeria Stock Exchange in collaboration with the Milken Institute is set to host the inaugural edition of the Webinar Series on Sustainable Capital Markets Forum geared towards promoting Green Finance in West Africa. Jude Chiemeka, Head of Trading Business Division of the Nigerian Stock Exchange joins CNBC Africa for more.
Sanlam Emerging Markets and its partners on the African continent invest over $12 million to fight COVID-19
As we go through this global pandemic together, it is the little things we miss. A high five, a handshake, a walk...
In 2006, little known economics professor Nouriel Roubini warned that the US housing market was at risk of collapsing. Fast forward two years and it did, triggering the global financial crisis. Roubini, now known is Dr Doom is forecasting another economic depression, contradicting the consensus view the recovery from Covid-19 will be V-shaped. Dr Adrian Saville, CEO of Cannon Asset Managers joins CNBC Africa for more.
With students working from home, companies across industries forced to move online and video conferencing services being more utilized now than ever; broadband, WiFi and mobile data capacity seems to be getting tested like never before. So can internet service providers stand up to the test? Robert Nkeramugaba, Senior Network Operations Manager, BSC joins CNBC Africa for more.
In Uganda, according to president Yoweri Museveni, the country will go ahead with its plan to re-open the country despite recording more than 150 Covid-19 cases in three days. Moreover, European Union gives Uganda about $198 million to fund coronavirus response. CNBC Africa spoke to Qatahar Raymond Mujuni, a journalist for more.
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