Digital technologies, including satellite technology and artificial intelligence, will be utilized to improve agricultural productivity and decision-making processes for young farmer cooperatives September 24, 2024/AfDB The Board of Directors of the African Development Bank Group on 20 September 2024 approved a $129.71 million loan to Tanzania for the implementation of […]
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Eleven Firms to Pay More Than $88 Million Combined to Settle SEC’s Charges for Widespread Recordkeeping Failures
One additional firm will not pay a penalty because it self-reported, self-policed, and demonstrated substantial efforts at compliance September 24, 2024/US SEC The Securities and Exchange Commission today announced charges against 12 firms, comprising broker-dealers, investment advisers, and one dually-registered broker-dealer and investment adviser, for widespread and longstanding failures by […]
MPC Increases the MPR by 50bps to 27.25%
September 24, 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 50bps to 27.25% (Previously: 26.75%) Retain the asymmetric corridor at +500bps/-300bps Raise the CRR for Deposit Money Banks to 50.0% (Previously: 45.0%) and Merchant […]
