<p><iframe loading="lazy" src="https://www.youtube.com/embed/zYel2mnRI58" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Analysts say the target set by the Central Bank of Nigeria to achieve major stability by May is rather too aggressive, stressing that the effects of the monetary policy decisions will begin to take effect in the later part of the year.</p>


maxresdefault

Analysts: CBN May target too aggressive

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The Association of Bureau De Change Operators of Nigeria, say operators will have to source for foreign exchange from other sources following the move by the Central Bank of Nigeria to stop providing FX to their members. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.</p>


Nigerian Bureau De Change operators to source forex independently

<div style="max-width: 100%;">&nbsp;</div>
<p>&nbsp;</p>
<p>Nigeria will launch the pilot scheme of its digital currency as it marks its 61st year of Independence on the first of October.</p>


KK100

Nigeria to launch digital currency by October 1st

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The Nigerian Senate is expected to pass a supplementary 895.84 billion naira to the 2021 appropriation bill today, after the bill scaled a second reading on Monday. Also, the federal government has added South Africa to its red list of countries restricted for arriving passengers as part of efforts to curb the entrance of the delta variant in the country. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for  more.</p>


Nigerian Senate set to pass N895.84bn supplementary budget

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Nigeria’s President Muhammadu Buhari says the nation has a problem of unemployment with lots of youths looking for what to eat while the level of poverty is almost unimaginable. In a televised interview with local media platform Arise news, on security, President Buhari noted that  the Boko Haram insurgency in Northern Nigeria was largely fueled by youth unemployment and poverty. Joining CNBC Africa to unpack the comments on the state of the economy are, Emmanuel Odiaka, CEO of ECOB Capital and Kayode Akindele, Partner at TIA Capital.</p>


Nigeria’s president says Boko Haram fuelled by unemployment

Nigeria’s president says Boko Haram fuelled by unemployment, poverty

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>CFG Advisory says Nigeria is now faced with stagflation, a situation that is more protracted than a recession. They also note that monetary policy has reached its limits and supply side structural reforms and fiscal discipline are now required to get Nigeria out of the stagflation quagmire. CEO of CFG Advisory Tilewa Adebajo and Kayode Akindele, Partner at TIA Capital join CNBC Africa to put this in perspective.</p>


CFG Advisory: Nigeria now faced with stagflation – which is more protracted than a recession

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The Nigerian government has reintroduced COVID-19 restrictions which takes effect from today. The restrictions include a nationwide curfew that will be in force until further notice while public gatherings have been limited to 50 people at any given time. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.</p>


Nigeria reimposes COVID-19 lockdown measures

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Tilewa Adebajo, CEO of CFG Advisory and Kayode Akindele, Partner at TIA Capital join CNBC Africa for more.</p>


CBN appoints new board for FBN Holdings

CBN appoints new board for FBN Holdings, restores ousted CEO Sola Adeduntan

<div style="max-width: 100%;">&nbsp;</div>
<p>&nbsp;</p>
<p>Insurance companies and Microfinance Banks in Nigeria are racing to meet their respective recapitalisation requirements.</p>


Kooyood

Recapitalisation: Different strokes for Nigeria’s insurers & microfinance banks?

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Managing Director of Nigeria&#8217;s state-owned oil company, the NNPC says the approved plan to rehabilitate the 210 000 barrel-per-day Port Harcourt Refinery is a worthy undertaking. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.</p>


NNPC: $1.5bn Port Harcourt Refinery rehabilitation a worthy undertaking

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The Nigerian Labour Congress are on the streets for a nationwide protest over minimum wage issues today. Meanwhile, Nigeria recorded a foreign trade deficit of 7.4 trillion naira in 2020. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.</p>


Nigerian Labour Congress begins protests over minimum wage

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>As the COVID-19 pandemic lingers, low-and-middle-income countries continue to feel the impact on government spending.</p>


COVID-19: What’s the way forward for African debt?

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6215092349001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The African Development Bank says the pandemic has shed light on the need to rethink Africa’s development model and build economies sufficiently resilient to recover quickly from current and future shocks and also withstand their effects. So, what is the role of the private sector and development finance partners in achieving this goal? Joining CNBC Africa for this discussion are; Dr Rabah Arezki, Chief Economist and Vice-President, Economic Governance and Knowledge Management at the AfDB and Kayode Akindele, Partner at TIA Capital.</p>


How Africa can build resilient economies post-COVID-19

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6215092067001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>With over 1200 new COVID-19 cases in Nigeria since Sunday the 6th of December, Nigeria is witnessing a renewed spike in the number of new cases with 550 new cases reported on Tuesday evening. This comes as the vaccine hopes gains traction in the United Kingdom after the first Pfizer vaccine was administered to a 90-year-old grandmother.  Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.</p>


Nigeria experiences renewed spike in COVID-19 cases

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6212408870001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva says the heavily criticised plan by the government to resume fuel importation from its neighbour Niger Republic, should not be seen as an embarrassment’ but as a means of promoting intra-regional trade. In the same breath, the National Petroleum Corporation (NNPC) says Nigeria would be a net exporter of petrol by 2023. Joining CNBC Africa for more is Oyeyemi Oke, Oil and Gas Lawyer and Partner at A02 and Kayode Akindele, Partner at TIA Capital.</p>


Nigeria’s downstream sector sees renewed activity

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6208611953001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>After announcing that its COVID vaccine is over 90 per cent effective, Pfizer and BioNTech say they expect to produce up to 50 million vaccine doses in 2020 and up to 1.3 billion doses in 2021. Joining CNBC Africa to discuss what this news means for the world’s COVID-19 fight and economy are; Niniola Williams, Managing Director of Drasa Health Trust and Kayode Akindele, Partner at TIA Capital.</p>


Cautious optimism over Pfizer coronavirus vaccine breakthrough

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6202338306001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Experts have described the deal between Paystack and U.S firm Stripe as one of the largest Mergers and Acquisition deal in Nigeria’s fintech industry one which they say shows that the industry is moving in the right direction. Joining CNBC Africa’s Kenneth Igbomor for a conversation on the future of Nigeria’s Fintech space are; Collins Onuegbu, Executive Vice Chairman of Signal Alliance and Kayode Akindele, Partner at TIA Capital.</p>


Kayode Akindele

Analysts: CBN May target too aggressive

Nigerian Bureau De Change operators to source forex independently

Nigeria to launch digital currency by October 1st

Nigerian Senate set to pass N895.84bn supplementary budget

Nigeria’s president says Boko Haram fuelled by unemployment, poverty

CFG Advisory: Nigeria now faced with stagflation – which is more protracted than a recession

Nigeria reimposes COVID-19 lockdown measures

CBN appoints new board for FBN Holdings, restores ousted CEO Sola Adeduntan

Recapitalisation: Different strokes for Nigeria’s insurers & microfinance banks?

NNPC: $1.5bn Port Harcourt Refinery rehabilitation a worthy undertaking

Nigerian Labour Congress begins protests over minimum wage

COVID-19: What’s the way forward for African debt?

How Africa can build resilient economies post-COVID-19

Nigeria experiences renewed spike in COVID-19 cases

Nigeria’s downstream sector sees renewed activity

Cautious optimism over Pfizer coronavirus vaccine breakthrough

What’s the future of Nigeria’s fintech & payments space?

News Tips

Advertise With Us

Kayode Akindele

Analysts: CBN May target too aggressive

Nigerian Bureau De Change operators to source forex independently

Nigeria to launch digital currency by October 1st

Nigerian Senate set to pass N895.84bn supplementary budget

Nigeria’s president says Boko Haram fuelled by unemployment, poverty

CFG Advisory: Nigeria now faced with stagflation – which is more protracted than a recession

Nigeria reimposes COVID-19 lockdown measures

CBN appoints new board for FBN Holdings, restores ousted CEO Sola Adeduntan

Recapitalisation: Different strokes for Nigeria’s insurers & microfinance banks?

NNPC: $1.5bn Port Harcourt Refinery rehabilitation a worthy undertaking

Nigerian Labour Congress begins protests over minimum wage

COVID-19: What’s the way forward for African debt?

How Africa can build resilient economies post-COVID-19

Nigeria experiences renewed spike in COVID-19 cases

Nigeria’s downstream sector sees renewed activity

Cautious optimism over Pfizer coronavirus vaccine breakthrough

What’s the future of Nigeria’s fintech & payments space?

News Tips

Advertise With Us

Newsletters