World News

Bank Rate increased to 4.25% – March 2023

March 23, 2023/Bank of England Monetary Policy Summary, March 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 22 March 2023, the MPC voted by […]

Eluemelu at 60: World Leaders Hail his Impacts On Nigeria, African Economy

March 23, 2023/UBA Plc President Muhammadu Buhari was joined by his colleagues across the world yesterday in commending impact of foremost entrepreneur and Chairman of United Bank for Africa Plc, Tony Elumelu, on the African economy, as the icon marked 60th birthday. Among those who sent goodwill messages to Elumelu, […]

IMF and Ukrainian Authorities Reach Staff Level Agreement on a US$15.6 Billion Extended Fund Facility (EFF) Arrangement

March 21, 2023/IMF · The Ukrainian authorities and IMF staff have reached a staff-level agreement on a set of macroeconomic and financial policies that would be supported by a new 48-month Extended Fund Facility (EFF) Arrangement. · The EFF, with requested access of SDR 11.6 billion (about US$15.6 billion), or […]