Global
Global: BOJ Governor Signals Potential Reduction in Monetary Stimulus
Bank of Japan Governor Kazuo Ueda has indicated the possibility of reducing monetary stimulus measures if inflation continues to rise, suggesting a potential ...
News
Nigeria: World Bank Forecasts Continued High Inflation for Nigeria in 2024
The World Bank has projected that Nigeria’s inflation rate will remain elevated at 24.8 percent year-on-year in 2024, according to its latest report ...
News
Nigeria: NAICOM Highlights AI’s Potential to Boost Insurance Sector Profitability
Mr. Sunday Thomas, the Commissioner for Insurance/CEO of the National Insurance Commission (NAICOM), emphasized the pivotal role of artificial intelligence (AI) in shaping ...
News
Nigeria: NITDA and GIZ/DTC Collaborate to Advance Digital Literacy, Engage Stakeholders in Lagos
In a concerted effort to bridge the digital divide and equip Nigerians with crucial digital competencies, the National Information Technology Development Agency (NITDA), ...
Africa
Africa: WTO Urges African Leaders to Prioritize Investment for Economic Development
The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has emphasized the importance of attracting investment in various sectors to drive economic ...
Africa
Africa: RevUp Women Initiative Awards $100k to 10 African Women Entrepreneurs
The RevUp Women Initiative recently hosted its highly anticipated Business Showcase under the theme “Investing in Women, Inspiring Futures.” Organized by AfriLabs and ...
News
Nigeria: BDC Operators Urge CBN to Adjust Exchange Rate Amid Market Disparity
The Association of Bureaux De Change Operators of Nigeria (ABCON) has issued an appeal to the Central Bank of Nigeria (CBN) to consider ...
News
Nigeria: CBN Focuses on Bank Recapitalization for Economic Resilience
Despite facing economic challenges that led Nigeria into recession in 2020 and drove inflation rates up to 31.7% by February this year, Nigerian ...
News
Nigeria: CBN Reports $950 Million Decline in External Reserves Over 17 Days
Nigeria’s foreign exchange reserves have witnessed a substantial decline, dropping by approximately $1.02 billion within a span of 18 days as the Central ...
Africa
African Tech VC Funding Sees 51% YoY Drop in Q1 2024
Venture capital funding within the African tech startup ecosystem has encountered a significant downturn, as indicated by a recent report from BD funding ...
