July 27, 2023/United Capital In its July 2023 meeting, the Monetary Policy Committee (MPC) concluded with a decision to raise the Monetary Policy Rate (MPR) by 25 basis points (bps) to 18.75% from the previous rate of 18.50%. The decision was supported by four members of the committee, while the […]
OPINION/EDITORIAL
Tuvalu Needs to Build Resilience Amid Threat from Rising Seas
Photo Credit: Tala/Adobe Stock IMF COUNTRY FOCUS July 26, 2023/IMF By Diego A. Cerdeiro, Roman D. Merga and Chris Redl Tuvalu’s population of 11,000 is spread across nine Pacific islands that rise less than five meters above sea level, underscoring its extraordinary challenges from climate change. Tuvalu experienced remarkably limited […]
Ransomware attacks in Nigeria increased by 7% in H1 2023 compared to H1 2022
While ransomware numbers may fluctuate by season and region, it cannot be overstated that ransomware is becoming more sophisticated and targeted July 26, 2023/Kaspersky Ransomware remains one of the main threats to information security globally and in the META region. In 2022, the average cost of a ransomware attack was […]
