Here’s what to expect from Nigeria’s money market ahead of OMO Auction
06 November 2019 | 12:55 pm
The Central Bank of Nigeria (CBN) offered N330 billion across three maturities in an Open Market Operation (OMO) Auction. For a focus on activities shaping Nigeria’s fixed income and Forex market, Tunde Adama, Head of Trading at CITI Nigeria joins CNBC Africa.
15 Oct 2021
15 Oct 2021
The family of former South African President Nelson Mandela is putting roughly 100 of his belongings up for auction to help fund a memorial garden in his honor, including some of his iconic shirts. It's the trademark clothing of an iconic leader and now Nelson Mandela's exuberant shirts are among around 100 of his possessions being put up for auction.
5 Nov 2021
An Israeli court suspended on Wednesday the auction of a partial tattoo kit billed as having been used on inmates at the Auschwitz death camp, following outcry from Holocaust survivors. Obtained from a private collector, the eight fingernail-sized steel dies, each lined with pins to form numerals, would have been pressed into prisoners' flesh with ink to brand their serial numbers, according to auctioneer Meir Tzolman. His website had deemed it "the most shocking of Holocaust items", with a projected sale value of $30,000 to $40,000.
4 Dec 2021
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
22 Dec 2021
The International Monetary Fund's executive board has approved the extension of $115 million in debt relief to 25 eligible low-income countries from January 11 to April 13 next year in an effort to help them ride out pandemic-induced headwinds.
15 May 2022
Inflation is at its highest level in decades in many parts of the world. In the US, consumer prices were 8.3 percent higher in April than a year earlier. In the eurozone, they rose by around 7.5 percent. Energy prices have been driving the surge, with Russia's war in Ukraine further fuelling the trend. But higher inflation tends to have a bigger impact on low-income households. Xavier Jaravel from the London School of Economics discusses this and more with FRANCE 24's Kate Moody.
12 Jul 2022
A casting of Auguste Rodin's "The Thinker" sculpture, one of the most iconic works of art in the world, sold for 10.7 million euros ($11.14 million) at a Paris auction on Thursday.
6 Jul 2022
A finished skeleton of a Gorgosaurus dinosaur that roamed the earth 77 million years ago will hit the auction block at Sotheby’s New York later this month.
17 Nov 2022
The late legendary footballer had claimed that the handball which pushed Argentina through the 1986 World Cup quarter finals was scored "a little by the hand of God," earning the ball its iconic name.
25 Dec 2022
A very rare edition of "The Philosopher's Stone" won by a competition winner sold for £8,000 at auction following a year of record sales for first edition copies.
25 Dec 2022
We look at the multitude of reactions from the world's press to Volodymyr Zelensky's historic visit to the US and speech to Congress. Also, the French papers delve into anger over train strikes that will leave more than 200,000 people stranded over Christmas. Finally, a framed transcript of Jacinda Ardern's "arrogant prick" remark to a fellow MP in parliament fetches $100,000 at a charity auction!
A Kobe Bryant game-worn jersey is expected to set a record when it hits the auction block at Sotheby’s from February 2 to 9.
Protesters smashed windows of banks in the Lebanese capital Beirut this past week as the currency hit a new low against the dollar. The Lebanese lira has lost about 97 percent of its value, and more than 80 percent of the population live below the poverty line. Millions of people are struggling to make ends meet amid the financial turmoil.
16 mins ago
The Israeli press celebrates the release of 11 more hostages, as the media in the Arabic world focus on the Gaza ceasefire and release of 33 Palestinian prisoners. Meanwhile, Elon Musk's visit to Israel is met with disgust by one newspaper.
16 mins ago
Kissinger was a contentious figure in US foreign policy, playing a key role during the war in Vietnam, and in solidifying US-China relations, while serving as secretary of state and national security advisor.
5 hours ago
The National Stadium, Surulere, which was once Nigeria's imperial beauty and was built in 1972 by General Yakubu Gowon, has become an abandoned relic as of April 2023.
5 hours ago
Virgin Atlantic's Flight100 landed in New York on Tuesday, making the journey from London without using fossil fuels, thanks to a mix of renewable biomass and waste fats. This "sustainable aviation fuel" reportedly reduces life-cycle emissions by up to 70 percent but still emits CO2, as FRANCE 24's Bryan Quinn explains.
5 hours ago
Household Consumption accounted for the largest share of real Gross Domestic Product at market prices in the first and second quarter of this year according to data from the National Bureau of Statistics. Femi Oladehin, Partner at Àrgentil Capital Partners joins CNBC Africa to unpack the numbers and drivers of inflation in Nigeria.
1 day ago
Tonight we focus on the latest events in Guinea-Bissau. The army maintains order has been restored in Bissau following gun battle between army factions. Violence broke out last night after national guard soldiers freed an opposition minister and continued until Friday morning.
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