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Tag: BANK

Dynamic energy of young rugby players joining a squad, symbolizing fresh talent and spirit in a vibrant setting.
Business / Companies

Flying Fijians Introduce New Talent Ahead of July Tests Against Scotland and Australia

June 16, 2025June 16, 2025 - by Sofia Nawab - Leave a Comment

The FIJI Water Flying Fijians have included four debutants in their squad for the July Tests against Scotland and the Wallabies. Coach Mick Byrne highlights the importance of energy from …

Flying Fijians Introduce New Talent Ahead of July Tests Against Scotland and Australia Read More
A vibrant landscape of Kenya with a focus on currency notes and coins symbolizing economic stability and growth.
Business / Companies / economics

Kenya’s Forex Reserves Reach Historic High of $10.59 Billion, Driven by Remittances

June 8, 2025June 8, 2025 - by Carmen Mendez - Leave a Comment

Kenya’s foreign exchange reserves have surged to a historic $10.59 billion, boosted by robust remittances and a stable shilling. This increase, reported by the Central Bank of Kenya, represents a …

Kenya’s Forex Reserves Reach Historic High of $10.59 Billion, Driven by Remittances Read More
A symbolic depiction of bank liquidity challenges with a flow of currency in a minimalist style, using cool colors.
Business / Companies / economics

BEAC’s 320 Billion CFA Franc Injection: A Quench for Banks’ Liquidity Thirst?

May 23, 2025May 23, 2025 - by Liam Nguyen - Leave a Comment

The BEAC injected 320 billion CFA francs into CEMAC’s banking system, falling short of the 540.9 billion CFA francs requested by banks. This move followed a policy rate cut intended …

BEAC’s 320 Billion CFA Franc Injection: A Quench for Banks’ Liquidity Thirst? Read More
A dark backdrop with rusted chains representing poverty, broken scales symbolizing economic imbalance, and dim light showing hope.
Business / Companies / economics

World Bank: Nearly Half of Nigerians Living in Poverty Amid Rising Inflation

May 22, 2025May 22, 2025 - by Carmen Mendez - Leave a Comment

According to the World Bank’s latest report, almost half of Nigerians live in poverty, driven by inflation that outpaces minimum wage growth. It notes that 46% of the population now …

World Bank: Nearly Half of Nigerians Living in Poverty Amid Rising Inflation Read More
Business / Companies / economics

Argentina’s Peso Declines Sharply Following Eased Currency Controls

April 15, 2025April 15, 2025 - by Marcus Chen - Leave a Comment

Argentina’s peso fell over 11% against the US dollar after President Milei’s government eased currency controls for a $20 billion IMF bailout. The decision poses political risks with elections approaching …

Argentina’s Peso Declines Sharply Following Eased Currency Controls Read More
Companies

Bank of Ghana’s Initiative to Strengthen the Specialized Deposit-Taking Institutions Sector

April 5, 2025April 5, 2025 - by Allegra Nguyen - Leave a Comment

The Bank of Ghana plans to strengthen the SDI sector by enhancing governance structures and addressing mission drift. Efforts include engaging strategic investors and collaborating with the Ministry of Finance. …

Bank of Ghana’s Initiative to Strengthen the Specialized Deposit-Taking Institutions Sector Read More
Companies

Brazil Engages in Bitcoin Reserve Debate Amid Central Bank Concerns

April 1, 2025April 1, 2025 - by Carmen Mendez - Leave a Comment

Brazil is debating the adoption of Bitcoin as a strategic reserve asset, amid pushback from the central bank. Central bank director Nilton David has called the idea inappropriate, while lawmaker …

Brazil Engages in Bitcoin Reserve Debate Amid Central Bank Concerns Read More
Companies

AFDB Launches New Strategy for Enhancing Agriculture and Infrastructure in Nigeria

March 31, 2025March 31, 2025 - by Sofia Nawab - Leave a Comment

The African Development Bank has launched a new Country Strategy Paper to enhance agriculture and infrastructure in Nigeria. Key initiatives include the NAGS for food security and the development of …

AFDB Launches New Strategy for Enhancing Agriculture and Infrastructure in Nigeria Read More
Companies / Global news

Machar’s Strong Indictment of Ugandan Military Presence in South Sudan

March 26, 2025March 26, 2025 - by Allegra Nguyen - Leave a Comment

Dr. Riek Machar criticized Uganda’s military intervention in South Sudan, claiming it violates national sovereignty and international agreements. He demanded the withdrawal of Ugandan forces, citing breaches of arms embargoes …

Machar’s Strong Indictment of Ugandan Military Presence in South Sudan Read More
Business / Companies / economics / Global news

Sudanese Military Advances in Khartoum After Regaining Control of Palace

March 23, 2025March 23, 2025 - by Liam Nguyen - Leave a Comment

Sudan’s military has retaken key buildings in central Khartoum from the RSF, including the presidential palace, the Central Bank, and the state intelligence headquarters. Despite these advances, the country remains …

Sudanese Military Advances in Khartoum After Regaining Control of Palace Read More

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