Financial stability implications of emerging markets currency development
By Tobias Adrian, Fabio Natalucci, and Jason Wu At the beginning of this year, we flagged that emerging markets were...
Month: July 2024
Equity market begins week positive, gains N17bn
The nation's equity market opened the week in a positive note, gaining N17 billion. Market capitalisation of listed equity market increased...
FG to provide 28.8m cooking gas to households by 2030
The Federal government has pledged to provide access to cooking gas for 28.8 million households and improved biomass cook-stoves for...
Nigeria must address infrastructure gap for AI adoption – Expert
An Information Technology Expert, Mr Olatunji Igbalajobi, on Monday said that Nigeria needed to work on its infrastructure gap to...
London Stock Exchange services disrupted as markets drop on IT outage
Some London Stock Exchange (LSE) services were suffering disruptions on Friday amid a global IT outage that has affected companies...
IEA forecast 4% growth in global electricity demand on robust economic growth
Efe Tega A new report projects that global electricity demand is expected to grow by around 4 per cent in...
Natural gas, the right transition fuel for South Africa
By NJ Ayuk A recent policy brief, “Natural Gas as a Transition Fuel in South Africa,” produced by Eye for...
KLM suspends most flight operations
Dutch airline KLM said that a global computer outage has made “flight handling impossible” and is largely suspending its operations....
Expect power outage for 3 hours, TCN tells Idah, Ayangba, others
Omeiza Bilal The Transmission Company of Nigeria (TCN) wishes to inform the public that its maintenance crew will carry out...
South Africa: AfDB approves ZAR 18.85bn loan for Transnet’s business recovery plan
The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major...
