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