Updates

Mastercard SpendingPulse: U.S. consumers continued to spend in July while navigating high inflation

E-commerce growth sees a hot July amid promotional events, while home-focused spending cools August 4, 2022/Mastercard According to Mastercard SpendingPulseTM, which measures in-store and online retail sales across all forms of payment, U.S. retail spending excluding automotive increased +11.2% year-over-year in July, while retail sales excluding automotive and gas rose […]

CPMI and IOSCO Publish a Discussion paper on CCPs’ practices for Addressing Non-Default Losses

August 4, 2022/IOSCO-CPMI CPMI and IOSCO seek input on discussion paper focusing on central counterparty (CCP) practices to address non-default losses (NDLs), such as losses from cyber attacks. As non-default events can threaten a CCP’s viability, CCPs need to have policies, procedures and plans to address NDLs if they materialise. […]

Dangote Bags Nigerien National Honour over His Foundation’s Health Intervention

…As Dangote, Bill Gates Foundations sign MOU on immunization of Nigeriens  August 3, 2022/Dangote Group President/Chief Executive of Dangote Industries Limited, Aliko Dangote has been conferred with the Commander of the Order of Merit of Niger award by the President of the Republic of Niger, His Excellency Mohamed Bazoum in […]