News
Sierra Leone: IMF Approves $20.7m Loan for Sierra Leone
The Executive Board of the International Monetary Fund (IMF) has announced the completion of the sixth and seventh reviews of Sierra Leone’s Extended ...
Global
Global: Central banks successfully test ‘quantum resistant’ communications channel- BIS
A secure communication channel designed to protect financial data against future threats from quantum computers has been successfully established by the BIS Innovation ...
Global
Global: Vertiv Releases 2022 Environmental, Social and Governance Report, Detailing ESG Initiatives and Achievements in Second Annual ESG Report
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has released its second annual report on the company’s environmental, social and governance (ESG) efforts, ...
News
Seychelles: ‘Outlook Positive’ – IMF Approves $56m EFF and $46m RSF for Seychelles
The executive board of the International Monetary Fund (IMF) approved on May 31 a total of $56 million for a three-year arrangement for ...
Kenya
Kenya central bank says digital currency not a ‘compelling priority’
Kenya’s central bank does not consider the issuance of a digital currency a “compelling priority” but it will continue monitoring developments in the ...
News
Nigeria: Banks’ Borrowing from CBN Up 275% to N7.5trn on Liquidity Crunch
Amid liquidity crunch in the banking sector, Deposit Money Bank (DBMs) and merchant banks borrowing Central Bank of Nigeria (CBN) increased to N7.5trillion ...
Africa
Africa: Nigeria, others urged to reduce border checks- AfCTFA
African trade experts have identified difficult border checks, harassment, solicitation from security officials, kickbacks from traders and bad roads as barriers hindering the ...
News
Nigeria: CBN and the Urgency of Reform
Towards the latter part of the Buhari government, PREMIUM TIMES had reason to demand severally for the resignation, sack and prosecution of Mr ...
News
Nigeria’s Tier-1 Banks Market Valuation Spikes to N3trn
Nigeria’s top five banks’ combined market valuation has inched near N3 trillion, according to stock market screener data, representing a significant jump. The ...
News
Nigeria: T-Bills Buying Intensified Ahead of CBN Auction
Supported by a buoyant liquidity level, the Nigerian Treasury bill (NTB) buying intensified in the secondary market ahead of the Central Bank of ...
