Updates

EBRD and EU Foster Energy Efficiency in Egypt’s Cement Industry

Image Credit: EBRD February 20, 2025/EBRD By Nibal Zgheib EBRD and EU join forces to foster energy efficiency in Egypt’s cement industry EBRD financing will promote energy-efficient technology, reducing CO2 emissions by 130,000 tonnes a year Facility will be supported by an EU-funded financial guarantee via the European Fund for Sustainable […]

MPC Decision – February 2025

February 20, 2025/Coronation Research Monetary Policy Committee (MPC) Decision (all 12 members were in attendance) The MPC held Monetary Policy Rate steady at 27.50%. The asymmetric corridor around the MPR was retained +500bps /-100bps. Cash Reserve Ratio for Deposit Money Banks retained at 50.00%. CRR for Merchant Banks retained at […]

Aliko Dangote Hails IBB: ‘You’re Architect of Private Sector in Nigeria’

… Donates N8bn to Presidential Library, Pledges N2bn Annually Until Completion  February 20, 2025/Dangote Group The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has praised former Head of State, Gen. Ibrahim Badamasi Babangida, popularly known as IBB, for implementing policies that liberated the private sector in Nigeria […]