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3232BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds
https://www.digit.info/brics-bank-re-taps-into-usd-bond-market-with-1-25-billion-green-bonds/
Sat, 22 Apr 2023 10:19:59 +0000https://www.digit.info/2023/04/22/brics-bank-re-taps-into-usd-bond-market-with-1-25-billion-green-bonds/Read more]]>The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD). Proceeds from the placement will be used to fund “green” projects supported under the banking institution’s sustainable financing policy. BRICS Development Bank Launches 3-year ‘Green’ Bonds The New Development Bank (NDB), founded by the BRICS […]
]]>World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’
https://www.digit.info/world-bank-report-forecasts-bleak-global-economic-outlook-citing-adverse-developments-and-long-lasting-slowdown/
Wed, 11 Jan 2023 05:30:55 +0000https://www.digit.info/2023/01/11/world-bank-report-forecasts-bleak-global-economic-outlook-citing-adverse-developments-and-long-lasting-slowdown/Read more]]>On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, with the global economy projected to grow by 1.7% in 2023 and 2.7% in 2024. […]
]]>Chairman of Nigerian Economic Crimes Commission: Crypto Growth Is a ‘Far Greater Danger to the World Economy’
https://www.digit.info/chairman-of-nigerian-economic-crimes-commission-crypto-growth-is-a-far-greater-danger-to-the-world-economy/
Wed, 08 Sep 2021 09:30:32 +0000https://www.digit.info/2021/09/08/chairman-of-nigerian-economic-crimes-commission-crypto-growth-is-a-far-greater-danger-to-the-world-economy/Read more]]>The chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has singled out the growth of cryptocurrencies as something that now poses “a far greater danger to the world economy.” Therefore, in order to deal with such dangers or threats, Bawa advocates for a “collective and collaborative approach by authorities around the world.” […]