Updates

Federal Reserve Chair Jerome H. Powell outlines the Federal Reserve’s response to technological advances driving rapid change in the global payments landscape

May 20, 2021/US Federal Reserve Technological advances are driving rapid change in the global payments landscape. The Federal Reserve is studying these developments and exploring ways that it might refine its role as a core payment services provider and as the issuing authority for U.S. currency. “As the central bank […]

NEC Receives Sovereign Investment Reports Showing Significant Income, Net Asset Growth

*Council welcomes Digital Switch Over starting in Lagos, Kano & Rivers States May 20, 2021/OVP The Nigerian Sovereign Investment Authority (NSIA) has recorded a 343% growth in Total Comprehensive Income totalling N160.06 billion in 2020 compared to N36.15 billion in the previous year and 33% growth in Net Assets, rising up to […]

WASU lauds Dangote on employment generation

…Tasks W/African leaders on youth unemployment May 20, 2021/Dangote Group West African Student’s Union (WASU) has commended the aggressive employment generation drive of the Aliko Dangote led companies, urging other wealthy West African leaders to invest in industries that will rid the region of high unemployment rate. President of WASU, […]