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Tony Elumelu Named in “Time 100” List of the 100 Most Influential People in the World 2020
§ The United Bank for Africa (UBA) and Transcorp Plc Chair is one of three Nigerians on the list, alongside Tomi Adeyemi and Tunji Funsho September 23, 2020/UBA Plc TIME has named Tony O. Elumelu, one of Africa’s leading investors and philanthropists, in the 2020 TIME100, the annual list of the 100 […]
A Looming Food Crisis?
Culled—Proshare September 21, 2020 by CSL Research Based on the selected food price watch data for August 2020 released by the National Bureau of Statistics (NBS), major consumer staples showed substantial increases between August 2019 (when the land border closure took effect) and August 2020. The steep price increases across […]
ContinentalRe Announces 100% Ownership of Its Botswana Subsidiary
September 10, 2020/Continental Reinsurance Plc Continental Reinsurance Plc is pleased to announce a change in the ownership structure of Continental Reinsurance Ltd (Botswana). After its recent acquisition of a minority 40% stake in the company, through its holding company, CRe African Investments Limited (“CRAFIL”), from Botswana Insurance Company Ltd (BIC), […]
Publication of Two IMF Staff Papers on Financial Development, Inclusion, Trade and Foreign Investment in the GCC
December 6, 2018/IMF EXECUTIVE SUMMARY Diversification of the GCC economies, supported by greater openness to trade and higher foreign investment, can have a large impact on growth. Such measures can support higher, sustained, and more inclusive growth by improving the allocation of resources across sectors and producers, creating jobs, triggering […]
ECONOMY: World Bank Cuts Nigeria’s GDP Growth Rate; States’ IGR Rises to N579.4 billion in H1 2018
November 30, 2018/Cowry Asset World Bank, in its Nigeria bi-annual economic update released on Wednesday, November 28, 2018, revised its earlier forecasted 2.1% growth rate for Nigeria’s Gross Domestic Products (GDP) in 2018 to 1.9%. The cut in projected GDP growth rate by the multilateral institution was adduced to disruption […]
