Evaluating Access Bank’s post-merger performance
29 June 2019 | 4:13 pm
Moody's Investors Service says the resilient capital and wide liquidity buffers of Nigerian Banks support its stable outlook for the sector, but loan quality pressures remain the main weakness for banks. Aderonke Akinsola, Banking Analyst at Chapel Hill Denham joins CNBC Africa for a post-merger analysis of Nigerian lender Access Bank.
In this article
6 Oct 2021
Nigeria’s economy has not been all rosy for a few years and people’s purchasing power has taken a massive hit as unemployment rates are spiking. The COVID-19 pandemic worsened the situation, plunging the economy into the second recession in less than five years. GuardianTV spoke with these women whose main income comes from driving commercial minibus 'Korope' and tricycle 'Maruwa' through the chaotic road of Lagos, Nigeria to make ends meet.
13 Nov 2021
Chinese property developers have met with a government think tank, amid increasing concern over the real estate sector's heavy debt burden. The liquidity crisis goes well beyond the high-profile firm Evergrande. Also, Australia unveils a €114 million investment aimed at boosting sales of electric vehicles, and Virgin Galactic sells another 100 tickets for sub-orbital space flights.
12 Nov 2021
Since 2018, Portugal has seen a boom in farming, made possible in large part due to cheap labour from Asia run by mafia networks. Migrant charities estimate that around 30,000 Indian, Nepali, Thai and Pakistani labourers work on broccoli fields, pick berries and tomatoes in greenhouses or pick grapes in vineyards. In return they receive poor salaries and face difficult living conditions. Our regional correspondents report.
29 Nov 2021
International travel picked up over the summer, but Covid-19 is still expected to cost the global tourism industry some €1.8 trillion in 2021. Also, French finance minister Bruno Le Maire remains optimistic about the recovery despite concerns over the Omicron variant, and farmers in India continue their protest movement despite concessions from the government.
25 Dec 2021
France is home to some of the biggest luxury brands in the world. While many everyday businesses have struggled to bounce back from the health crisis, it’s been just the opposite for the most exclusive French labels. Jean-Noël Kapferer, professor emeritus of marketing, talks us through the success of luxury brands bouncing back from the pandemic. We also see how the luxury sector is making its way into the second-hand market, bringing in a whole new clientele.
28 Dec 2021
Germany is Europe's economic powerhouse, with fantastic medical facilities and highly qualified professionals. But the fourth wave of the pandemic is threatening to bring the health care sector to its knees.
8 Jan 2022
Bavaria's restaurants struggle to find staff as the sector slowly recovers.The problem is unlikely to go away anytime soon.
24 Feb 2022
Western nations have agreed on more economic sanctions against Russia, but the energy sector is a delicate issue, says Theresa Fallon, director of the Centre for Russia Europe Asia Studies.
7 Mar 2022
Crude oil futures touched 13-year highs on Monday as the US and UK signalled a willingness to include the previously untouched Russian energy sector in sanctions. Meanwhile, more US firms and Chinese social media giant TikTok are suspending Russian operations, and new UK laws to sanction Russian oligarchs could mean big changes for London's luxury real estate market.
25 Mar 2022
Mining is a key driver of economic growth in Guinea. But the military junta's unyielding approach toward a major iron ore project could be doing the country more harm than good.
23 Apr 2022
As Germany looks to ditch Russian oil and gas for good, its domestic energy industry is a key side actor — but can it step up to the plate? We search for clues in the village where Germany's oil sector was born.
7 Jul 2022
Nigeria says out of the 141 million barrels of oil produced in the first quarter of 2022, only about 132 million barrels of oil were received at export terminals, putting a daily average loss of 108 thousand barrels in the first quarter of this year. Oliver Onyekweli, an Associate Partner at McKinsey and Company, joins CNBC Africa to discuss this issue.
35 mins ago
The Odisha train crash has put a fresh spotlight on safety as the government modernizes the country's extensive railway network and infrastructure.
35 mins ago
On the weekend, German band Rammstein responded to testimonies by women that they were recruited to have sex with the band's lead singer, Till Lindemann.
1 hour ago
It's a feat that hasn't been repeated by a French player since 1983. It's been exactly forty years since Yannick Noah thrilled the crowds at Roland Garros – and audiences across France – when he beat Sweden’s Mats Wilander in the final of the French Open. Our guest for Perspective is Benjamin Rassat, director of the documentary "Noah-ed", which features testimony from the seven competitors the then-23-year-old beat to become France's last home champion for decades.
1 hour ago
The Oscar-nominated "Juno" actor and star of "The Umbrella Academy" is Hollywood's most prominent trans man: Elliot Page explores the story of his life in his memoir, "Pageboy."
2 hours ago
Apple launches $3500 augmented reality headset as interest in metaverse wanes. Watch. Apple unveils its first new piece of hardware in nearly a decade: the $3,500 Vision Pro augmented reality goggles come as interest in the metaverse has been surpassed by buzz around artificial intelligence.
2 hours ago
It’s one of the most iconic motor races in the world. The "24 hours of Le Mans" race marks a centenary this year. Seven auto manufacturers will be fighting for overall victory with 16 teams represented. The unique race tests its participants' reliability and endurance and encourages innovation. The 13,626km track attracts hundreds of thousands of fans from around the world every year.