Stats SA has published the latest gross domestic product numbers for the third quarter of 2022, showing surprising growth of 1.6% in the quarter. The growth beat out market expectations by some margin – consensus among economists and analysts was that the economy would grow 0.4% for the quarter, given the heightened levels of load
Bitcoin and other cryptocurrencies do not pose a threat to the world economy, but should be monitored as the market “continues to evolve rapidly.” That’s the assessment of the Financial Stability Board (FSB), an international body that monitors the global economy. The observations were brought to light in a December 28 report by the Reserve
The Tertiary Education Trust Fund (TETfund) has predicted Nigeria would become the 14th best economy in the world by 2050. The Executive Secretary of the fund, Dr Abdullahi Baffa-Bichi said this during an interactive session with members of the Buhari Support Political Group, “One 2 Tell 10’’, on Wednesday in Kano. According to him, indices
Rwanda has earned Standard and poor’s (S&P), a corporate and sovereign rating agency, revised outlook to positive from stable and maintained the rating at B/B for long and short term. The rating, by the American independent credit rating agency, was released on August 10, 2018. Rating agencies like S&P are always non-governmental institutions or independent
In its bid to strongly drive its strategic business focus on rural economy, Unity Bank Plc has developed a product called NIRSAL Farmers Savings Account specifically designed as a platform to execute a key aspect of the service level agreement for the NIRSAL Unity Bank channel partnership to bank farmers in rural areas. NIRSAL, (Nigerian
NIPOST will use what3words to increase the number of homes it can deliver to and improve delivery services in preparation for the take-off of Nigerian e-commerce Nigeria’s postal service, NIPOST, has just announced its adoption of the innovative global addressing system what3words (www.what3words.com). Nigeria is the seventh country to adopt what3words, and the third in
