Updates

Rapid Response: Inflation Increases by 49bps to 33.69% Y/Y in April

May 16, 2024/Cordros Report Nigeria’s headline inflation maintained its uptrend, rising by 49bps to 33.69% y/y in April (March: 33.20% y/y). The outturn is 129bps and 51bps lower than Cordros’ estimate (34.98% y/y) and Bloomberg’s median consensus estimate (34.20% y/y). However, on a month-on-month basis, headline inflation eased further by […]

SEC, FinCEN Propose Customer Identification Program Requirements for Registered Investment Advisers and Exempt Reporting Advisers

May 13, 2024/US SEC Today the Securities and Exchange Commission and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) jointly proposed a new rule that would require SEC-registered investment advisers (RIAs) and exempt reporting advisers (ERAs) to establish, document, and maintain written customer identification programs (CIPs). The […]

Riding the Wave: South Africa’s Financial Digital Revolution

GITEX Africa 2024: Fostering Digital Finance and Economic Empowerment May 13, 2024/GITEX Africa GITEX Africa 2024, the continent’s largest tech and startup exhibition scheduled from 29-31 May in Marrakech, Morocco, emerges as a pivotal platform for exploring the intersections of digital transformation, financial inclusion, and economic empowerment. As South Africa’s […]