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Global Economy to grow by 4% in 2021 – World Bank
The global economy is most likely to expand by 4% in 2021, with the immediate policy priorities focused on controlling the spread of ...
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Vietnamese HDBank To Issue Letters of Credit on the Blockchain
The Vietnamese financial institution will reportedly initiate the provision of letters of credit (L/C) on the blockchain, aiming at better and safer transactions ...
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Tokunbo Adetona to lead Nairabox as Jay Chikezie steps down
Nairabox, a lifestyle concierge platform, recently announced changes to its leadership structure. Ugochukwu ‘Jay’ Chikezie, the startup’s Co-founder and CEO will step down from ...
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Venafi hits $1.5bn valuation after latest funding round
Cybersecurity company Venafi has reached a $1.15bn valuation after securing an investment from private equity firm Thoma Bravo. This investment is expected to ...
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Digital identity revenue for mobile network operators to exceed $8.1bn by 2025
Digital identity revenue for mobile network operators will exceed $8.1bn by 2025, rising from just $1.3bn in 2020, according to a report from ...
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China fines seven financial institutions $31 million over irregularities
China’s banking and insurance watchdog has announced that it has fined Seven financial institutions a total 199.5 million yuan ($30.85 million) for irregularities ...
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Britain and EU headed for financial services showdown
The EU seeks to repatriate business and jobs, and London wants to keep its financial might without having to abide by EU regulations ...
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China’s central bank sets key tasks for 2021
China’s central bank has outlined key policies and tasks for 2021 during an annual work conference held in Beijing. The People’s Bank of ...
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South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million
Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal ...
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SoFi to Go Public Through SPAC Merger at $8.6B Valuation
Lending fintech Social Finance (SoFi) announced this week that it will go public through a merger with a special purpose acquisition company. The ...