Assessing Nigeria’s revenue collection drive
Nigeria's Federal Inland Revenue Service says it recorded 5.3 trillion naira in tax revenues for 2018. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa to assess some recent developments in the tax space.
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
Nigerian fixed income and FX markets watch
Traders say the Naira depreciated at the I and E window by 14 basis points to 362 Naira, 39 kobo while parallel market rates remained flat at 360 niara. Adamma Mbachu, Head of Currency Trading at Access Bank, 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.
Ending Naira abuse
The naira is the currency of Nigeria. It is subdivided into 100 kobo. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Nigerian Federation. It controls the volume of money supplied in the economy in order to ensure monetary and price stability.
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.
Nigeria's rising debt profile worries senators
Nigerian senators warned of the country's rising debt profile as they debated on the 8.83 trillion naira 2019 appropriation bill.
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.