Updates

Brief Remarks on the Economy, and Perspective on Mutual and Community Banks

January 31, 2025/US Federal Reserve Governor Michelle W. Bowman Let me begin by saying my thoughts and prayers are with the families of the passengers and crew who perished in the tragic flight accident in Washington, D.C. Wednesday evening. Thank you for the invitation to speak to you today.1 It […]

Low Crude Supply Mars Naira-for-Crude Scheme

January 31, 2025/Dangote Group There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell refined products to marketers in the local currency, may be threatened over inadequate crude supply to domestic refiners, findings by Daily Trust have shown.   Daily […]

AfDB Partners with AXIAN Telecom to Accelerate Africa’s Digital Transformation

Over $10 million will be dedicated to empowering 22,000 women entrepreneurs in Madagascar through AXIAN’s Mvola platform January 31, 2025/AfDB The African Development Bank has approved a $160 million senior corporate loan to support AXIAN Telecom to expand digital access and financial inclusion in nine African countries. The loan will […]