The banking sector is in the red today, even as the Central Bank of Nigeria announced moves to soften the impact of the coronavirus pandemic on Nigeria’s economy. Ebunoluwa Babarinde, Manager at Financial Derivatives joins CNBC Africa to review the performance of the Lagos bourse amid current macro realities.
As the COVID-19 pandemic spreads, the head of Germany's influential Ifo research institute has warned that Europe's biggest economy could fall into recession. Our correspondents have been taking the temperature in the business community.
The port of Pointe-Noire has been a focal point of the Republic of Congo's economy for many years. However, a fall in oil prices since 2014 has caused a crisis for local businesses, as the port bore the brunt of the country's economic crisis. at the port of Pointe-Noire.
Calls for exhaustive dialogue continue to trail the passage of Nigeria’s Finance Bill 2019. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria, says the bill is in line with global best practices and offers potential positive impact for Nigeria’s economy. He joins CNBC Africa’s Christy Cole on the side-lines of the Executive Session on Finance Bill and Tax Strategy where Nigeria’s Finance Minister, Zainab Ahmed convened with stakeholders to discuss the country’s 2019 Finance Bill.