Central Bank cuts interest rate to boost economy

India’s central bank on Thursday unexpectedly lowered interest rates and, as anticipated, shifted its stance to “neutral” from “calibrated tightening” to boost a slowing economy after a sharp fall in the inflation rate. The monetary […]

Access Bank Acquires Diamond Bank

Access Bank has acquired Diamond Bank as confirmed by Cableng, who alleged that the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN). […]

Microsoft catches up with Apple

Just four months after Apple Inc breached the $1 trillion mark, the iPhone maker has all but lost its lead as Wall Street’s most valuable company and is on the verge of being replaced by […]

Ethiopian Airlines returns to Mogadishu, 41 years after

Ethiopian Airlines (ET) has launched thrice weekly direct passenger flights between Ethiopian capital Addis Ababa and Somalia’s capital, Mogadishu, after a 41 year break, adding momentum to increasing bilateral economic ties. Direct flights between Ethiopia […]

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