How Nigeria’s economy is bracing up to the COVID-19 shock
With a further revised 2020 budget and crude oil benchmark, how is Nigeria bracing up to the challenge of the Covid-19 pandemic? Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for the discussion ahead of president Buhari's address to the nation today.
European Central Bank keeps interest rates at record low
The ECB has kept its benchmark refinancing rate at zero, as it weighs up risks to the economy from Brexit and trade disputes. ECB chief Mario Draghi said the eurozone's current economic indicators were "weak."
Nigeria central bank retains all monetary policy rates
The Central Bank of Nigeria Governor Godwin Emefiele, on Tuesday, announced that the Monetary Policy Committee has decided to retain the country's benchmark interest rate at 14 percent.