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The Chairman and CEO of Nigerians In Diaspora Commission, Abike Dabiri-Erewa says she remains optimistic about the impact of the return of healthcare practitioners in the diaspora back to Nigeria to set up healthcare facilities. 

Dabiri-Erewa: Return of African diasporans having impact on healthcare systems

Analysts say the sustained surge in cocoa prices hitting highs of $5,861 a ton this week at the Intercontinental Exchange New York and 4,976 pounds a metric ton in London signals the impact of El Nino on the cocoa market. 

Assessing impact of El Niño on cocoa supply, prices

Nigeria’s Senate is set to probe how the 30 trillion naira Ways and Means loans of the Central Bank of Nigeria was obtained and spent by the former administration of Muhammadu Buhari. 

Can Nigeria fund budget without Ways & Means loan?

Nigeria’s Minister of Housing and Urban Development, Ahmed Dangiwa says any further increase in the cost of essential building materials will mean a crisis in delivering houses in the country. 

Assessing impact of rising input costs on property development in Nigeria

Adebayo Adebanjo, Cement and Energy Analyst at Cardinal Stone joins CNBC Africa for more on expected price movements and production volumes.

Cardinal Stone: Cement prices to remain elevated in FY’24

The naira continues its free fall against the dollar and other global currencies hitting new lows this month despite the recent FX reforms from the Central Bank of Nigeria. 

Will naira recover from new lows?

The February 2024 2.5trillion naira bond auction conducted on Monday saw subscription levels for the new7-year 2031 paper at 1.08 billion naira and the 10-year 2034 paper at 820.7 billion naira with stop rates at 18.5 and 19 per cent respectively. 

Unpacking outcome of ₦2.5trn bond auction

The African Union Special Envoy on Women, Peace and Security, Bineta Diop says legal instruments are key to addressing issues of violence against women in Africa.

Diop: Legal instruments key to address violence against women

Benjamin Boachie, the Chief Economist at Secondstax believes the Bank of Ghana might be reconsidering last month’s 100 basis points rate cut following an increase in January inflation number. 

Rethinking strategies to tame inflation in Ghana, Nigeria

Analysts at EDC Securities believe that the current spike in retail price of cement will see cement manufacturers post weaker demand and lower profit margins. 

EDC: Cement price hike to drive weaker demand, lower profit

Jumia has posted $186 million as revenue for the full year 2023 recording an eight percent year-over-year dip.

Jumia posts $186mn as revenue for FY’23

The CEO of Shoreline Group, Kola Karim says the commencement of Dangote refinery operations and expected resumption of Port Harcourt, Kaduna and Warri refineries could be a major turning point for Nigeria while taking advantage of global oil demand. 

CBWA