(Credit: Altayb/iStock by Getty Images) April 9, 2024/IMFBlog By Fabio Natalucci, Mahvash S. Qureshi, Felix Suntheim Cyberattacks have more than doubled since the pandemic. While companies have historically suffered relatively modest direct losses from cyberattacks, some have experienced a much heavier toll. US credit reporting agency Equifax, for example, paid more than […]
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UBA FY 2023: Operating Performance, Windfall Gains Drive Strong Profit Growth
April 10, 2024/CSL Research UBA’s FY 2023 audited numbers showed a strong 93.0% y/y growth in Interest Income to N1.1tn driven mainly by growth in Interest Income on Investment Securities, loans and on cash and bank balances. Net Loans to customers grew 66.7% in 2023 compared to December 2022, inclusive […]
IMF Concludes Review of Fund’s Capacity Development Strategy
April 9, 2024/IMF The Executive Board of the International Monetary Fund (IMF) concluded the third quinquennial review of the Fund’s Capacity Development (CD) Strategy. Every five years, the IMF undertakes a comprehensive review of its CD strategy. As a core function of the Fund, CD accounts for around one-third of […]
