In this episode, Joanna Mustapha provides an insightful overview of today's market activities. We analyse the impact of the upcoming August 1st protests on the Nigerian Stock Exchange (NGX) and how it compares to the Nigerian Stock Exchange (NSE). We also cover Ethiopia's significant currency reform, where the central bank has floated its currency to attract $10.7 billion in international aid, causing a 30% slump against the dollar. Furthermore, we discuss the recent windfall tax on Nigerian banks, which has led to a sharp decline in banking stocks. Join us as we explore these developments with Ugodre Obi Chuckwu, Founder/CEO of Nairametrics, and David Olujinmi, Financial Markets Analyst, who expertly analyses market trends, banking stocks, and the implications of global and local financial changes. Don't miss out—watch the full episode for detailed insights and expert opinions.
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