News
Nigeria: CBN clarifies, says float is āmanaged floatā not completely free float
The Central Bank of Nigeria disclosed that the recent monetary policy decision implemented is not a free float but a managed float. In ...
Africa
African Export-Import Bank vows to drive success of AfCFTA
African Export-Import Bank, or Afreximbank, Africaās leading trade financing institution, on Monday, pledged to drive the success of the African Continental Free Trade ...
Africa
Africa: Afreximbank Plans Domestication of all Intra-Africa Payment with PAPSS
The African Export-Import Bank (Afreximbank) has announced plan to domesticate all intra-Africa payment deploying the use of Pan-African Payment and Settlement System (PAPSS). ...
News
Nigeria: Subsidy Removal – Stabilise Economy Before New Minimum Wage, NECA Tells Govt
The Nigeria Employers’ Consultative Association, NECA, has given the Federal Government a hint on how to make the planned new minimum wage meaningful. ...
Africa
Africa: AfreximBank Launches Insurance Subsidiary to Support Intra-African Trade
The African Export-Import Bank in Accra launched its wholly owned insurance management services subsidiary, AFREXInsure, with a commitment to provide a single-entry point ...
News
Nigeria: Sanwo-Olu, SEC, NGX, IFC renews call for gender-focused initiatives
The Governor, Lagos State, Mr Babajide Sanwo-Olu, the Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX) and the International Finance Corporation (IFC) ...
Global
Global: Meta Introduces Generative AI Model With Speech Generation Capabilities
Meta PlatformsĀ has introduced a generative artificial intelligence (AI) model that performs speech-generation tasks. The newĀ VoiceboxĀ can help with tasks like audio editing, sampling and ...
Africa
Africa: Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
As many as 20 countries may be part of a pan-African payment system by the end of the year. African Export-Import BankĀ (Afreximbank) PresidentĀ Benedict ...
News
South African Company Maltento Secures USD 3.3 M Funding
Maltento, a company dedicated to unlocking the functional compounds of insect-based feed solutions, has recently concluded a capital raise of USD 3.3 M ...
News
Nigeria: CBN confirms 43 banned items policy remains, not eligible for forex in I&E window
The Central Bank has said that the status quo remains on theĀ 43 non-eligible items banned from the forex marketĀ introduced under Godwin Emefiele leadership ...
