WORLD BUSINESS & ECONOMY

AfDB, Asian Development Bank ink $1b deal to boost African lending

Joy Agwunobi The African Development Bank (AfDB) and the Asian Development Bank have entered a strategic $1 billion Exposure Exchange…

World Bank charts course for agribusiness growth amid looming food demand surge

Onome Amuge Ajay Banga, president, World Bank Group  The agribusiness sector, despite its vital role in shaping the future of…

IMF explains downgrade of Nigeria’s 2024 economic growth to 2.9%

Bamidele Famoofo The International Monetary Fund has explained why it downgraded Nigeria’s 2024 economic growth forecast from 3.1 per cent…

We are building a better World Bank- Ajay Banga

Bamidele Famoofo Ajay Banga, president of the World Bank Group  President of the World Bank, Ajay Banga has said since…

Giesecke+Devrient partners Instacash to bring CBDC payments to Eswatini feature phone users

Business a.m. The Central Bank of Eswatini (CBE) has taken a groundbreaking step by opening its Central Bank Digital Currency…

IMF flags Nigeria’s persistent borrowing despite high debt cost hurdles

Onome Amuge The International Monetary Fund (IMF) has revealed that Nigeria and other frontier markets have remained heavily involved in…