nigeria

Analysts say recent moves from the Central bank of Nigeria’s Monetary Policy committee signal the likely commencement of an easing cycle as a disinflationary trend kicks in.

Will Nigeria’s inflation taper near-term?

Nigeria’s Minister of Power, Adebayo Adelabu, has announced plans to expand the national grid by an additional 150 megawatts of power before the end of this year following the completion of phase one of the Presidential Power Initiative.

Expanding Nigeria’s power grid

The Chief Executive Officer of Seplat Energy, Roger Brown says the acquisition of Mobil Producing Nigeria Unlimited comes with one of the best portfolios of assets and related infrastructure in a world class basin.

Brown: Seplat’s acquisition of MPNU brings world class set of assets

The Co-founder and CEO of Breeze, Chimenem Nnwoka believes addressing Africa’s trade finance gap is impossible without digitization while highlighting the need to go beyond catch to revolutionise trade and unlock unprecedented economic potential. 

Addressing Africa’s trade finance gap impossible without digitisation

The Executive Vice President, Global Trade Bank at Afreximbank, Haytham El Maayergi says partnerships are key to scale bankable projects and leverage impact on the African continent. 

EL Maayergi: Partnerships key to scale projects, leverage impact

Muda Yusuf, Director at the Center for the Promotion of Private Enterprises believes the recent naira appreciation needs to be supported with fiscal policy actions to ensure reform efforts by the Central Bank of Nigeria are sustainable. 

CPPE: Complementary fiscal policies needed to sustain naira gains

Nigeria’s broad Money Supply increased by 48.3 percent year-on-year to 107.7 trillion naira in October 2024. Meanwhile, credit to the government rose 89.79 percent year-on-year to 42.02 trillion naira as of September this year. 

Can Nigeria curb money supply growth?

Data from the Ghana Statistical Service shows the country’s economy grew 7.2 per cent year-on-year in the third quarter of this year. Will the country sustain the momentum as President-elect takes on the reigns of power next year? 

Will Ghana sustain GDP growth trajectory?

A report by the African Private Capital Association shows that about 900 million dollars was invested in 117 deals between 2022 and the first half of 2024 in Francophone Africa. 

AVCA: Francophone Africa secures $900mn private capital between 2022 – H1'24

Analysts at Renaissance Capital Africa say they expect investors to rebalance their portfolio in a bid to drive banking stocks higher. Olumide Sole, the Head of Financial Institutions Research, joins CNBC Africa for this discussion. 

Renaissance Capital: Portfolio rebalancing to drive banking stocks 

Cardinal Professional Services believes additional consultations are key to align interest and get stakeholders buy-in on the tax reform bills. 

CPS: Further consultations key to align interests on tax reform bills

Following the outcome of Ghana’s presidential and parliamentary elections, President-elect, John Mahama, faces the task of steering the country’s economy back to stability as rising debt, inflation and energy sector challenges remain major issues. 

NIGERIA