November 1, 2020/Aetoswire The Urban 20 (U20), a G20 Engagement Group, today announced that it is working to create a Global Urban Resilience Fund, the first fund of its type developed by cities, for cities. Speaking about the announcement U20 Chair, H.E. Fahd Al-Rasheed, President of the Royal Commission for […]
Updates
Treasury Bill Rate At Record Low; Positive for Equities
Culled—Proshare October 30, 2020 by CSL Research The Nigerian Treasury Bills (T-Bills) auction conducted by the Central Bank of Nigeria (CBN) on Wednesday recorded significant oversubscription with unsuccessful bids reported at N667.1bn due to robust financial system liquidity amidst limited investment options. Stop rates at the auction settled at 0.34%, […]
COVID-19: Remittance Flows to Shrink 14% by 2021
International migration to fall in 2020 for the first time in recent decades October 29, 2020/World Bank As the COVID-19 pandemic and economic crisis continues to spread, the amount of money migrant workers send home is projected to decline 14 percent by 2021 compared to the pre COVID-19 levels in […]
