Tracking Nigeria’s consumer goods space
4 hours ago
The Nigerian Stock Exchange (NSE) Consumer Goods Index is down 32.5 per cent year-to-date, as the sector is the worst performer on the Nigerian bourse. As the 9-month earnings season winds down, Temitope Jolaoso and Analyst at Financial Derivatives joins CNBC Africa to discuss the performance of the consumer goods companies in Nigeria.
Madagascar paddy farmers rise up against 'new city'
6 hours ago
Anger is boiling over in the hills surrounding Antananarivo over plans to relocate part of Madagascar's choked capital to emerald-green farmland. Hundreds of farmers in Ambohitrimanjaka village are facing off with the authorities over a presidential scheme that threatens to engulf a thousand hectares (2,500 acres) of rice fields.
Databank: Gloomy outlook drag Ghana equities
16 hours ago
Databank says gloomy economic outlook have continued to weigh on Ghanaian equities as the Ghana Stock Exchange declined by 26.5 pe rcent year-on-year in the third quarter of this year. Alex Boahen, Head of Research at Databank joins CNBC Africa to look at the country’s equities market.
LCCI speaks on customs clampdown on auto dealers
16 hours ago
Nigeria Customs Service has been carrying out an investigative audit to check import duty payments by automobile dealers in Lagos and Abuja. This has been received with mixed reactions. Muda Yusuf, the Director-General of LCCI joins CNBC Africa for more.
Promoting Nigerian exports through Nigerian diaspora
17 hours ago
The Nigerian Export Promotion Council (NEPC) is working together with the Nigerian Diaspora Commission (NIDCOM) to target Nigerian Diaspora as an economy for Nigerian goods. Executive Director of the NEPC, Segun Awolowo joins CNBC Africa’s Christy Cole on the sidelines of the 2019 Nigerian Diaspora Investment Summit.
Nigerian markets mixed as cement companies report earnings
1 day ago
Cement companies in Nigeria have begun reporting their 9-month earnings. Janet Ogunkoya, Research Analyst at ARM Securities joins CNBC Africa to unpack these financial statements and discuss some stories from Nigeria’s cement industry.