Category: Finance
Ethiopia and the United Arab Emirates (UAE) on Monday signed a grant agreement worth 100 million dollars that aimed to support the Ethiopian government’s efforts in the innovation and technology sectors. The 100 million dollars ...
Facebook Inc’s top official overseeing the launch of its Libra crypto currency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed. David Marcus, ...
Britain’s Ministry of Justice says it plans to change the discount rate applied to personal injury lump sum compensation payments to minus 0.25 per cent from minus 0.75 per cent. It said that the decision ...
Governor Atiku Bagudu of Kebbi State says the World Bank assisted “Nigeria for Women Project’’ will expend 15million US dollars on execution of the programme in three local government areas of the state. Bagudu disclosed this while ...
The Central Bank of Nigeria (CBN) says it has made another intervention of 298.71million dollars in the retail Secondary Market Intervention Sales (SMIS). The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor, disclosed this in ...
U.S. Treasury Secretary, Steven Mnuchin, on Friday urged Congress to increase the nation’s debt ceiling before its summer recess. In a letter to House Speaker, Nancy Pelosi, Mnuchin said that while there was “reasonable uncertainty” ...
More than 9,000 African entrepreneurs applied for Africa Netpreneur Prize Initiative (ANPI), founded by Jack Ma Foundation, Sam Gichuru, Chief Executive Officer of Nailab, the continental and Eastern Africa partner of the ANPI said on ...
Dollar held near three weeks high in early trading on Monday, holding on to its gains after last week’s strong U.S. jobs data lowered expectations for a sharp Federal Reserve interest rate cut. Elsewhere, the ...
African Development Bank Group President Akinwumi Adesina will next week lead a delegation of top Bank officials to the extraordinary summit of Heads of State and Government of the African Union (AU) in Niger’s capital, Niamey. ...
South African Reserve Bank (SARB) expects to sell its 50 per cent stake in African Bank in a year or two, the central bank’s deputy governor said on Thursday. Deputy Governor Kuben Naidoo told reporters ...
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