Nigerian reform drive falters, threatening Africa’s biggest economy

Yusuf Zakariya Alkanawi created a new script for the Hausa language after discovering that the original had disappeared following centuries of interaction with Arabic and Latin scripts. The Quranic school student hopes that more Hausa speakers will embrace the new script.

France has declared a state of emergency in its overseas territory of New Caledonia. Violence over a planned constitutional reform is threatening its already struggling economy. Plus, Boeing may face the criminal prosecution it had avoided back in 2021, with the US Justice Department accusing the planemaker of violating the terms of the deferred prosecution deal.

The naira recorded its first appreciation against the dollar at the official foreign exchange market after weeks of depreciation. Analysts say the decline is due to decline in dollar liquidity in the official market. Dipo Ajayi, the Head, Fixed Income and FX at Chapel Hill Denham Securities, joins CNBC Africa for this discussion.