Naira continues to struggle
The Naira continues to struggle, declining by one naira on the black market over the weekend.…
Tough times for Nigerian banks, but no collapse
It's a tough time for banks in Nigeria. Ahead of the November Monetary Policy Committee meeting, Ejikeme Okoli, Research & Market Intelligence Officer joins CNBC Africa discuss how the MPC can help…
Nigerian stock market starts week negative
The Nigerian equity market opened the week on a negative note with the NSE All Share Index falling 0.27 per cent to close at 27,220.09 points. Investors are digesting more bad news…
Nigerian consumer good companies’ earnings review
Is the investment case in the Nigeria consumer story changing? Ifedayo Olowoporoku, Consumer Goods Analyst at Vetiva Capital Management joins CNBC Africa to review some of the results released this earnings season.…
Nigeria unveils petroleum roadmap
Nigerian President Muhammadu Buhari unveiled the seven big wins; a roadmap for Nigeria's petroleum industry that contains the short and medium term priorities of the government to grow the oil and gas…
Persistent liquidity affects Nigeria’s market
Persistent liquidity mop up by the Central Bank of Nigeria continues to dampen demand at the fixed income markets.…
Nigeria’s petrol price under pressure
The Nigerian National Petroleum Corporation has finally admitted that the sale of petrol at the current market price of N145 per litre is unsustainable after months of struggling to sustain fuel imports.…
MTN suspends dividend pay-outs amidst Nigeria’s allegations
MTN Group announced today that it has suspended dividend pay-outs from its Nigerian unit amid allegations that it illegally moved 14 billion US dollars out of the country.…
Nigeria’s T-bills down 11%
Nigeria's overnight interbank rates were down on Friday to 11 per cent after the Central Bank of Nigeria repaid matured treasury bills and cash meant for capital projects.…
Growing Nigeria’s non-oil exports
Expanding Nigeria's non-oil exports will boost the supply of much needed foreign exchange in the country and support the long term growth of the economy.…
GT Bank’s surprisingly good earnings lift Nigerian bourse
Better than expected third quarter earnings reported by GT Bank lifted the Nigerian bourse in early trading today.…