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dollar, oil, metals, Global commodities markets

De-Dollarization: Russia Removes US Dollar Assets From National Wealth Fund

Russia has reportedly announced that U.S. dollar assets will be removed from its National Wealth Fund as U.S. sanctions on Moscow intensify. The fund,...
food September Annual Inflation Rate Rises to 13.71% amid Continued Increase in Food Prices

Food is Getting More Expensive. This chart shows how

Food around the world is more than 27% pricier than it was between 2014-2016. The wholesale price of food initially fell during the...
Mobile Phone Industry to Lose $51B in Revenue Amid COVID-19 Pandemic

African Mobile Phone Market Grows 14% To 53.3 Million Units In Q1

Africa's overall mobile phone market had a year-on-year (YoY) growth of 14.0 percent in the first quarter to 53.3 million units, according to the...
The Benefits Of Setting A Lower Limit On Corporate Taxation-Brand Spur Nigeria

The Benefits Of Setting A Lower Limit On Corporate Taxation

On June 5, 2021, Finance Ministers from the Group of Seven major industrialized nations committed to a global minimum corporate tax rate on multinationals...
Ecobank ETI

ETI Successfully Launches US$350M 10NC5 Year Tier 2 Sustainability Notes

11 June 2021 – Ecobank Transnational Incorporated (ETI), the Lomé based parent company of the Ecobank Group, is pleased to announce that it has...
Goldman Sachs

Goldman Sachs partners with Visa for cross-border payments

US banking giant Goldman Sachs has partnered with Visa to improve its cross-border payments processes. The bank will now utilise Visa’s B2B Connect and...
Point of Sale

Point of Sale Transactions Shrink By N3.9bn In May – NIBSS

The value of transactions through Point of Sale (PoS) terminals declined marginally by 0.76 per cent (N3.9 billion) in May, the latest data from...
cmb coronation merchant bank brandspurng

Coronation Merchant Bank Quotes Additional CP – Series 18 on FMDQ Exchange

FMDQ Securities Exchange Limited (FMDQ Exchange), through its Board Listings and Markets Committee, has approved the quotation of the Coronation Merchant Bank Limited ₦11.36...
Sub-Saharan Africa Economic Activity women inflation Global Debt COVID-19 Response Drives $15 Trillion Surge In Global Debt, Set To Hit 365% of GDP By End Of 2020

Sub-Saharan Africa Economic Activity to Rise By 3.3% in 2022 – World Bank

Economic activity in the Sub-Saharan Africa region is on course to rise by 2.8% in 2021 and 3.3% in 2022. Growth is forecast to resume...
Ugandan Economy

Ugandan Economy Recovering from COVID-19 Impact Amid Uncertainties

World Bank calls for greener, resilient growth to reduce economic vulnerabilities and poverty The Ugandan economy is emerging from the devastating impact of the COVID-19...
Central Bank digital currency Naira Bitcoiners Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x

Digital Currency To Kick Off Before End of 2021 – CBN

The Director-Information Technology Department, Central Bank of Nigeria (CBN), Mrs Rakiyat Mohammed, has said that the banking regulator will launch a digital currency before...
Nigerian Equity Market brandspurng Stock Recommendations for the Week1

Bullish Sentiment Persists In The Local Bourse, NSE ASI Gains 74bps

At the end of today's trading session, the equities market maintains its bullish form as the benchmark index improves by 0.74% to close at...