Monday, June 29, 2026
IMF sees pressure on central banks in digital age as regulators strive to contain risks
By Charles Abuede A new publication by the International Monetary Fund (IMF) has asserted that as demand for innovation,...
Read moreDetailsFacebook sees user base expansion up to 2.8bn in 2020, revenue reaches 20% y/y
By Zainab Iwayemi Facebook, the world’s largest social networking platform has witnessed a significant increase in the number of...
Read moreDetailsFAO, CECAF, FCWC strengthen partnership to fight illegal fishery in Nigeria, 5 other countries
By Onome Amuge The Food and Agriculture Organisation (FAO)’s regional office for Africa, in partnership with the Fishery Committee...
Read moreDetailsAdidas planning potential selloff of its Reebok brand due to low profitability, decade-long underperformance
By Charles Abuede German sportswear maker, Adidas AG, on Tuesday hinted through its chief executive officer, Kasper Rorsted, the company’s plans to divest...
Read moreDetailsBitcoin surges 73% year-to-date to $50,000, captures more investors globally
By Charles Abuede Bitcoin, the world largest cryptocurrency, has seen an uptick by about 73 per cent since the...
Read moreDetailsAfDB debars Kenyan firm, Global Interjapan, over fraudulent practices
By Charles Abuede The African Development Bank (AfDB) on Tuesday announced that it has debarred Global Interjapan Limited, a...
Read moreDetailsMetal prices mixed, outlook bullish as traders exploit China’s absence
By Onome Amuge Metal prices on the London Metal Exchange (LME) were mixed on Tuesday morning but markets remain on...
Read moreDetailsChina overtakes US as EU’s most dominant trade partner
By Onome Amuge China strengthened its trading relations with the European Union in 2020 to outstrip the United States as...
Read moreDetailsAfDB, Mozambique’s $24bn LNG project win award for global syndicated finance
Project to potentially change global energy markets dynamics, dwarfing Nigeria, Angola AfDB signed $400m senior loan to finance project...
Read moreDetailsKenya central bank’s ambitious strategy to adopt Bitcoin to hedge currency volatility
By Charles Abuede The Governor of the Central Bank of Kenya (CBK) has announced the ambitious strategy of the...
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