Naira continues to struggle
The Naira continues to struggle, declining by one naira on the black market over the weekend.…
Nigerian government to sell N430bn bonds in Q1
Nigeria's Debt Management Office says it plans to sell up to 430 billion naira in local currency bonds in the first quarter of 2017.…
Nigeria 2017 Budget: How the markets will react
As President Muhammadu Buhari prepares to present the 2017 budget proposal before the National Assembly today, Sewa Wusu, Head of research at SCM capital joins CNBC Africa to discuss how the markets…
Nigerian oil minister speaks on possible risks to new oil deal
As producers hope to improve the market for oil prices, Emmanuel Ibe Kachikwu, Nigeria's Minister of State for Petroleum resources joins CNBC to look at the risks that could impact recent oil…
Improving access to finance for SMEs
The Central Bank of Nigeria says Small and Medium Enterprises are critical for the development of any economy, but access to finance remains a key hurdle in achieving their potential.…
Profit taking drags down Nigeria bourse
Nigerian equities market was broadly bearish; as profit taking by investors dragged the All Share Index 0.3 per cent down to settle at 25, 671.23 points.…
How much did MTN Nigeria fine costs the brand?
MTN's third BEE deal Zakhele Futhi only managed to muster support from eighty one thousand new investors to raise over a R1 billion and R817 million from Zakhele shareholders who decided to…
Nigeria central bank intervenes to avert fuel scarcity
Nigeria’s central bank on Monday asked commercial banks to submit a backlog of dollar demand for fuel importers for a special intervention. Traders say the government is seeking to prevent the scarcity…
2016: Challenging year for Nigeria’s manufacturers
Persistently high interest rates, acute forex shortage and an increasingly difficult operating environment have further squeezed margins and led to mass job losses across the country.…
Nigeria’s NCC suspends data price hike
The Nigerian Communications Commission has suspended its planned minimum pricing template for data services by mobile operators in the country to allow for further consultation with industry interest groups.…
Nigeria to conclude sale of $1bn Eurobond by Q1 of 2017
Nigeria's vice-president Yemi Osinbajo says the country hopes to conclude the sale of a $1 billion Eurobond by the first quarter of 2017 and make its exchange rate more flexible.…