Nigerian FX market watch: CBN: Banks must increase lending to grow GDP
21 November 2019 | 1:56 pm
The Central Bank of Nigeria (CBN) says the aggregate foreign exchange inflow into Nigeria reached $10.89 billion in October while outflow from the economy was $5.1 in the same period. Director at Zedcrest Capital, Oluseyi Akinbi joins CNBC Africa to discuss stories around Nigeria’s fixed income market. (CBN) says the aggregate foreign exchange inflow into Nigeria reached $10.89 billion in October while outflow from the economy was $5.1 in the same period. Director at Zedcrest Capital, Oluseyi Akinbi joins CNBC Africa to discuss stories around Nigeria’s fixed income market.
5 Nov 2019
The Committee of the West African Power Pool is suggesting electricity exchange agreements between power utility companies in the sub-region.
25 Nov 2019
Dennis Olisa, Executive Director at Zenith Bank says one way Nigeria can expand its foreign exchange base is to ensure that export is reinvigorated. He joined CNBC Africa’s Wole Famurewa to discuss this and more on the side-lines of the bank's international trade seminar.
30 Dec 2019
Ukrainian authorities and pro-Russian separatists in the war-torn east of the country swap dozens of prisoners in a frontline operation that stirred controversy in Kiev.
31 Dec 2019
The Ukrainian government has exchanged 200 prisoners with Russian-backed separatists in a pre-planned exchange. The swap may indicate the start of a better working relationship between Russia and Ukraine.
4 Mar 2020
The Nigerian Stock Exchange, sub-Saharan Africa's second biggest, has won approval from its members to become a listed company.
25 Mar 2020
Amid travel bans and warnings on both sides of the Atlantic, organizers of exchange programs scrambled to get their young participants back home. Those affected describe an experience marred by confusion and frustration.
31 Mar 2020
Traders say they expect activity at the bond market to pick up today, on the back of the unmet bids at Wednesday's bond auction as well as the improvement in liquidity. Oluwatosin Ayanfalu, Fixed Income Broker at Zedcrest Capital joins CNBC Africa to review today’s trading at Nigeria’s fixed Income and Forex market.
8 Apr 2020
The success of the US-brokered peace pact in Afghanistan is dependent on a prisoner swap between the Afghan government and the Taliban. The Taliban has said they will no longer take part in these "fruitless meetings."
14 Apr 2020
The US special envoy who negotiated a deal with the Taliban says a first prisoner swap between the rebels and the government has been a step toward peace. He said the coronavirus threat made the swap even more urgent.
13 May 2020
US President Donald Trump abruptly ended his press conference after an exchange with CBS News reporter Weijia Jiang who asked him why when Americans were losing their lives did he keep insisting that the US was doing better than other countries when it came to testing.
29 Jun 2020
Police examine the scene after four gunmen attacked the Pakistan Stock Exchange in Karachi on Monday. An exchange board member says the attackers were "fully armed and equipped with machine guns."
7 Jul 2020
No doubt Nigeria's currency has come under pressure in recent months; the Central Bank of Nigeria says it is working towards the gradual unification of exchange rates. But what does the CBN's recent move in asking lenders to bid for dollars at 5 per cent above the official rate mean for the markets going forward? Victor Aluyi, Head of Portfolio Management at Comercio Partners joins CNBC Africa for more.
1 day ago
Two court rulings in Turkey regarding a femicide case, as well as the legality of the country's exit from a key accord against gender-based violence, are being closely watched by women's rights groups.
1 day ago
Ukraine is facing the challenge of demining territory invaded by Russia. Now it will receive help from the Colombian military, which built its expertise fighting guerilla groups. DW's Johan Ramirez met soldiers who will lend Ukraine their know-how.
1 day ago
Several Western European countries are facing a sweltering weekend as summer arrives early. Much of Spain, France and Italy have been put on high alert for wildfires.
1 day ago
French prosecutors said on Wednesday they were investigating a junior minister in President Emmanuel Macron's government after two allegations of rape were brought against her.
1 day ago
French politics continues to dominate the papers as Emmanuel Macron desperately seeks an alliance to secure a parliamentary majority. The US Senate finds bipartisan support for new gun possession laws for the first time in 30 years. Organisers of the Miss France beauty pageant introduce radical new changes to shake up the contest. Finally, a man escapes his kidnappers by driving erratically on a highway in order to be stopped by authorities.
1 day ago
Noise rang out across Senegal's capital Dakar on Wednesday evening as people honked car horns and banged on pots and pans in an unusual form of protest organised by the political opposition ahead of legislative elections next month. Senegal's main opposition coalition, Yewwi Askan Wi, asked its supporters to come to their windows, balconies and doorways and clang lids together at 8pm to signal their anger over the disqualification of their candidates list in the upcoming poll.