EFT Reporter

  • 15 April 2024

Nigeria inflation climbs to 28-year high in March

A store employee standing next to bakery products. By Elisha Bala-Gbogbo ABUJA – Nigeria’s inflation kept climbing in March, reaching a 28-year high of 33.20% in annual terms, driven by…
  • 15 April 2024

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

By Andrea Shalal WASHINGTON – Half of the world’s 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in a…
  • 15 April 2024

Global Fund disburses E332m to Eswatini

By Delisa Thwala  The Global Fund currently has 14 core grants active in Eswatini, with funding totalling up to E332 620 180 which was signed for 2021-2024.  The investments aim…
  • 4 April 2024

Disney to start cracking down on password-sharing from June, CEO Iger says

File photo: A smartphone with displayed “Disney” logo is seen in front of displayed “Streaming service” words in this illustration taken March 24, 2020. REUTERS/Dado Ruvic/File photo Walt Disney’s streaming…
  • 4 April 2024

Detained Binance executive in court on Nigerian tax, money laundry charges

Tigran Gambaryan, an executive of Binance, the world’s largest cryptocurrency exchange, sits as he waits to face prosecution for tax evasion and money laundering at the federal high court in…
  • 1 April 2024

Microsoft to separate Teams and Office globally amid antitrust scrutiny

Microsoft Office By Foo Yun Chee BRUSSELS – Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday,…
  • 1 April 2024

China’s March factory activity expands for first time in six months

factory workers SHENZHEN, China – China’s manufacturing activity expanded for the first time in six months in March, an official factory survey showed on Sunday, offering relief to policymakers even…
  • 26 March 2024

SWIFT planning launch of new central bank digital currency platform in 12-24 months

The Swift logo is seen in this illustration taken, in Bosnia and Herzegovina. REUTERS/Dado Ruvic/Illustration By Marc Jones LONDON – Global bank messaging network SWIFT is planning a new platform…
  • 25 March 2024

Multi-billion mega integrated innovative and wellness project launched in Hlane

…….It promises an economic boost His Majesty King Mswati III during the SOD turning ceremony in Hlane. Ncaba Ntshakalancaban.@rubiconmedia.group Blooming opportunities in Hlane! His Majesty King Mswati III officiated the…
  • 25 March 2024

Oil rises as heightened geopolitical risks exacerbate supply concerns

Brent crude futures had climbed 24 cents, or 0.3%, to $85.67 a barrel. Picture: Reuters By Yuka Obayashi TOKYO – Oil prices rose in early Asian trading on Monday on…