March 15, 2023/Moody’s Investors Service We have changed to negative from stable our outlook on the US banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank (SNY) and the failures of SVB and SNY. Although […]
World News
$600M for Young Nigerians in Technology, Creative Sectors Ready as Osinbajo Launches Scheme
*Funding by AfDB, France, Islamic Devp. Bank, BOI for young Nigerians ages 15-35 *VP calls on African Governments, private sector to invest more in innovation, targeting job creation *AfDB President commends VP’s dynamic leadership, says “you are an amazing leader in our nation, you are very focused, very determined…” March 14, 2023/State House (OVP) Vice […]
Global Growth Outlook Improves, but Rate Hike Impact Still Ahead
March 14, 2023/Fitch Ratings Global growth prospects for 2023 have improved significantly since December, says Fitch Ratings in its latest Global Economic Outlook (GEO) report, but the impacts of rate hikes on the real economy still lie ahead and are likely to push the US economy into recession later this […]
