The Nigerian Exchange in a bid to further deepen the capital market engagements is targeting increased issuances of Islamic Finance instruments especially from Corporates. Jude Chiemeka, Executive Director, Capital Markets at the Nigerian Exchange joins CNBC Africa to discuss partnerships with the Islamic Development Bank Institute and near term outlook for the market.
Changpeng Zhao has reached a settlement with the US amid allegations his crypto platform failed to stop money laundering. Binance is the world's biggest crypto exchange by trading volume.
The CEO of Binance, Changpeng Zhao, has pleaded guilty to criminal charges, and has stepped down from the world's largest cryptocurrency exchange. Binance will pay more than $4 billion to the US government and admit wrongdoing, after it was accused of operating as an unregistered securities exchange among other violations of US money-laundering laws.
The project involves the construction of a rail and road system connecting Thailand's eastern and western coasts. It is designed to provide an alternate trade route between the Indian and Pacific oceans.
After two quarters of stagnation, gross domestic product (GDP) fell 0.1% in the third quarter. Some economists expect Germany to enter a technical recession early next year.
The Gulf countries are marching ahead with an ambitious domestic transition to renewable energy. But there is little chance they will stop exporting fossil fuels any time soon.
With Nigerian President Bola Ahmed Tinubu and the Nigerian investment minister in attendance, this year's summit sent a clear message: Africa's most populous nation is open for business.
Nigeria’s Minister of Finance and coordinating Minister for the economy, Wale Edun says the country cannot rely on borrowing to fund the 2024 national budget.
Karl Toriola, the Chief Executive Officer of MTN Nigeria says following the completion of the first phase of the sell down of MTN Group’s shares, the brand is committed to allowing more Nigerians partake in its value creation process. Speaking with CNBC Africa, he says the partnership with the Nigerian Exchange is all about digitizing access to the capital market.
Footage shot by Mehl and his wife from October 23-26 showed people skating on the frozen and translucent lake, revealing huge rocks in the bottom.
At the Asia-Pacific Economic Cooperation (APEC) Forum on Tuesday, US treasury secretary Janet Yellen said a trade deal that would cover some 40 percent of the global economy "looks not to be complete". Her comments came after Democrat senator Sherrod Brown voiced his opposition to the text over labour standards concerns. Also in this edition, inflation in Argentina reaches new heights ahead of a presidential runoff and McDonald's joins forces with Crocs.
The African Growth and Opportunity Act (AGOA) is a trade pact that allows eligible African countries to export some of their produce to the United States without paying taxes. It covers more than 1,700 products from cars assembled in South Africa to Kenyan flowers and even jeans.