Updates

Positive Surprise as Headline Inflation Slackens to 18.12%

May 17, 2021/Cowry Asset Report Freshly released data from the National Bureau of Statistics showed that headline inflation slowed down for the first time in 20 months. It recorded a 18.12% decline in annual inflation rate for the month of April (lower than 18.17% in March). This southward movement was […]

Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households

 May 17, 2021/US Federal Reserve In the fourth quarter of 2020, nearly one-fourth of adults said that they were worse off financially compared to a year earlier, reflecting the economic fallout and distress resulting from the global COVID-19 pandemic. The Federal Reserve Board’s report, Economic Well-Being of U.S. Households in […]

Invest Africa and Absa Group announce strategic collaboration

Strategic alliance will support the development of Africa’s financial services and the growth of Absa Group, a leading African retail, corporate and investment bank May 17, 2021/Invest Africa Invest Africa (www.InvestAfrica.com), the leading business and investment platform for African markets, and Absa Group, one of Africa’s largest diversified financial services […]