July 15, 2021/Zenith Bank Plc Zenith Bank Plc has been named the Best Commercial Bank in Nigeria in the World Finance Banking Awards 2021. The award, which was announced in the July 2021 edition of the World Finance Magazine, was based on individual banks’ ability to adapt to a continually […]
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Foreign Investors’ Interest in the Nigerian Economy Drops
July 14, 2021/United Capital Research According to a report released by Nigerian Investment Promotion Commission (NIPC), Nigeria recorded $8.4bn in investment announcement inflows in Q1-2021 of which $5.5bn was pledged by foreign investors. In comparison, the remaining $2.9bn came from domestic investors. The sum committed by foreign investors was 27.5% […]
IMF MD Kristalina Georgieva Welcomes Board’s Backing for a New $650 Billion SDR Allocation
July 9, 2021/IMF Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), made the following statement today regarding the Executive Board’s decision supporting the general allocation of Special Drawing Rights (SDRs): “The IMF Executive Board yesterday concurred in my proposal for a new general SDR allocation equivalent to […]
