Africa in Focus: Nigerian Naira faces pressure
Nigeria's central bank, faced with the prospect of a weakening naira, is digging out its 2015 playbook to stem the currency’s decline. After losing out then, traders are betting on history to repeat itself. Bloomberg's Amo Mbatha reports on "Bloomberg Daybreak: Middle East." SEO head: Africa in Focus: Nigerian Naira Faces Pressure
Tracking market movements in Nigeria’s money market
The Central Bank of Nigeria (CBN) offered 150 billion naira in today’s OMO auction. To discuss this and other stories likely to impact Nigeria’s money market, Nnamdi Nwizu, Co-Managing Partner at Commercio Partners joins CNBC Africa for more.
Nigerian bond yields rebound from 3-month low
The Central Bank of Nigeria offered 88.86 billion naira in today's Primary Market Auction. Emmanuel Mordi, Currency Trader at UBA joins CNBC Africa to review today’s trade at the fixed income and FX markets.
Why MTN listing will be a game changer for Nigeria
MTN Group goes ahead with its Nigerian listing today with the price set at 90 naira. Joining CNBC Africa for more on the listing is Lanre Buluro, Director of Chapel Hill.
Nigeria’s senate approves N8.9trn budget
Nigeria’s Senate approved the country’s 2019 budget on Tuesday, hiking the government's spending plan to 8.9 trillion naira after increasing the expenditure on security.
Sterling Bank reports rise in full-year profit
Nigerian Tier-2 lender, Sterling Bank reported a 15 per cent rise in its full-year profit after tax to 9.2 billion naira. Abubakar Suleiman, Managing Director and CEO of Sterling Bank join CNBC Africa to break down the numbers.
Why the naira has remained stable despite election pressure – ABCON
The naira has remained stable both at the official and parallel markets despite several odds facing the currency ahead of the elections in Nigeria; that's according to Aminu Gwadabe, President of the Association of Bureaux De Change Operators of Nigeria.
Naira depreciates on the investors & exporters window
The naira depreciated in the Investors and Exporters Window last week, losing N1.26 naira to close at N362.58 naira to the greenback. Lekan Olabisi, FX Dealer at GT Bank joins CNBC Africa to preview the fixed income and forex markets this week.