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Investors in the fixed income market are weighing their options following the outcome of today’s Monetary Policy Committee Meeting as they position ahead of tomorrow’s 277-billion-naira T-bills auction. 

Investors weigh July MPC outcome, mid-week PMA

The Chairman of UBA Group, Tony Elumelu believes the recently launched Arab-Africa Financial Consortium by the Arab Bank for Economic Development in Africa will unlock the capital needed to improve electricity access, develop infrastructure. 

Elumelu: Africa needs to improve electricity access, infrastructure

Analysts believe the Nigerian equities market will respond to half year earnings as investors focus on the outcome of the July Monetary Policy Committee meeting, as well as the proposed amendments to the 2023 Finance Act.

Half-year earnings to shape equities market sentiments

Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa to discuss an outlook for naira trading pattern and likely next MPC moves.

Will naira recover lost ground?

In the second half of this year, while the CBN’s hawkish stance may drive short-term fixed income yields higher potentially drawing investors away from equities. 

ARM: Positive H1’24 earnings, corporate actions may enhance equities 

Price increases are expected to sustain revenue growth of FMCG players in Nigeria in the second half of this year. 

Vetiva: Price increases to sustain FMCG players revenue in H2'24

The Ghana Revenue Authority collected 68.04 billion Ghana cedis as taxes in the first half of this year surpasses its mid –year revenue target by 138.69 million. 

GRA revenue collection hit Gh₵68.04bn in H1’24

TotalEnergies has sold its minority share in a major Nigerian onshore oil joint venture to Mauritius-based Chappal Energies for $860 million. 

TotalEnergies sells minority stake to Chappal Energies

The Miners Association of Nigeria says the government’s hike in mining rates and royalties for solid minerals will push local miners out of business. 

How Nigeria’s mining fee hike may impact local players

Nigeria has launched its Preferential Trade initiative under the Africa Continental Free Trade Area  Guided Trade Initiative. 

Improving Nigeria’s trade prospects under AfCFTA

The Group Managing Director and CEO of Nigerian Exchange Group, Temi Popoola says the NGX Invest digital platform is designed to streamline primary market issuance processes.

Popoola: NGX invest to streamline primary market issuance, capital raise

Investors are taking position ahead of Wednesday’s 150-billion-naira OMO auction. 

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