Updates

PAIX Data Centres Expands Capacity in Ghana to 1.2 MW to Boost Africa’s Digital Economy

Data centers are essential to support the creation of businesses that can thrive in the digital era, leading to increased employment opportunities and economic transformation May 21, 2024/PAIX Data Centre The expansion will help meet the demand for digital infrastructure as data consumption rapidly outstrips supply in Africa. PAIX Data […]

MPC Increases the MPR Further by 150bps

May 21, 2024/Cordros Update The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to: Raise the MPR by 150bps to 26.25% (Previously: 24.75%) Retain the asymmetric corridor at +100bps/-300bps Retain CRR at 45.0% and Retain liquidity rate at 30.0% Full report to […]

SEC Issues Exemptive Order Providing Additional Time for Certain Registrants to File Quarterly Reports in Light of BF Borgers Permanent Suspension

May 20, 2024/US SEC The Securities and Exchange Commission today provided exemptive relief to certain registrants affected by the permanent suspension of BF Borgers CPA PC and its owner, Benjamin F. Borgers (together, “BF Borgers”), from appearing and practicing before the Commission as an accountant. It is expected that registrants […]