Traders await results of CBN’s N100bn bond auction
25 April 2019 | 9:13 am
As traders await results of on Tuesday’s bond auction, Olawale Hamed a currency Trader at UBA joins CNBC Africa for a review of trade at Nigeria’s fixed income and forex market so far this week.
21 Nov 2020
Traders say market players are reinvesting in Nigeria’s bond space owing to the low yields in the Treasury bills market. Tunde Adama, Head of Trading at CITI Nigeria joins CNBC Africa’s Esther Awoniyi to discuss the dynamics at play at Nigeria’s Fixed income and the forex market.
22 Nov 2020
Sanctions combined with global economic malaise are a double hit on North Korea. In Japan, there is concern that a pro-Pyongyang newspaper in Tokyo has introduced a paywall to funnel money into the Kim regime's coffers.
28 Nov 2020
Taking advantage of the sudden shift to working from home, Greece wants to offer a big tax break to get remote workers to move there. It is the latest play from an EU underdog trying to make the most of the pandemic.
18 Dec 2020
Market demolition: Affected traders cry out for help
27 Dec 2020
Hundreds of angry Iraqis protest in several cities against a currency devaluation that has slashed their purchasing power amid a pandemic-fuelled economic crisis. The Central Bank of Iraq (CBI) at the weekend devalued the currency by over a fifth against the US dollar, officially re-pegging the dinar at a bank rate of 1,460 to the greenback.
31 Dec 2020
Traders at Ketu plank market lament loss of property
19 Jan 2021
Sports betting: Youth take up career in gaming as means of additional income
29 Jan 2021
Nigeria's low income earners groan over electricity tariff hike
22 Feb 2021
The change is a key reform demanded by foreign donors and the International Monetary Fund (IMF). The country is hoping to overhaul its debt-laden, inflation-hit economy.
26 Feb 2021
Vice President Yemi Osinbajo has disagreed with the Central Bank of Nigeria to ban Crypto-Currencies transactions in the country. Osinbajo spoke at the CBN/Bankers Committee’s Initiative for Economic Growth in Lagos and called on the CBN and the Securities and Exchange Commission to put in place a robust framework for the regulation of Crypto-Currencies. The CBN had ban Crypto-Currencies usage in Nigeria a few weeks ago.
3 Mar 2021
Meat markets, traders in Lagos lament shortage of beef
43 mins ago
As German cities heat up, the federal government has announced plans to increase the number of public drinking fountains to help ease the impact of the changing climate. The plan also has other environmental benefits.
43 mins ago
German consumers learned on Monday how much extra they will have to pay for gas in the winter months. Companies are currently not permitted to pass on their increased costs.
1 hour ago
Nigeria’s inflation rate has defied monetary tightening, hitting 19.64 percent in July, a level not seen in over one-and-a-half decades. This bombshell was dropped yesterday by the Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics (NBS), Prince Semiu Adeniran, when he released the Consumer Price Index (CPI) for July 2022 in Abuja.
3 hours ago
Regulators in the UK are again the first in the world to provisionally approve a new COVID vaccine for use. The latest shot, from Moderna in the US, is supposed to offer protection against the Omicron variant as well.
3 hours ago
A London-based startup wants to help you step into the metaverse with your 'real' face instead of the cartoon-like avatars of today's metaverse and video games.
5 hours ago
Measles can be prevented with MMR vaccine. The vaccine protects against three diseases: measles, mumps, and rubella. CDC recommends children get two doses of MMR vaccine, starting with the first dose at 12 through 15 months of age, and the second dose at 4 through 6 years of age.