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Concerns grow as Nigeria's inflation surges to 17-year high

September 15, 2022--Nigeria's consumer inflation surged to 20.5% in August, its statistics agency said Thursday, signalling more hardship for citizens and businesses in Africa's largest economy
Nigeria's consumer inflation surged to a 17-year high in August 2022, its statistics agency said Thursday, signalling more hardship for citizens and businesses in Africa's largest economy.

The Nigerian National Bureau of Statistics (NBS) reported in its latest consumer price index that inflation rose to 20.5% in August, up from 19.6% in July this year and 17% in August last year.

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Source: abcnews.go.com


A new report signals progress on African countries' efforts toward readiness for green growth

September 8, 2022--Kenya, Morocco and Tunisia have incorporated into their constitutions rights to a clean and safe environment
The African Development Bank and the Global Green Growth Institute (GGGI have launched a report analysing the readiness of seven countries - Morocco, Tunisia, Kenya, Rwanda, Senegal, Gabon and Mozambique- to drive green growth.

The joint report was launched on the sidelines of Africa Climate Week, in Libreville, Gabon. It assessed the status and trends of green growth as well as countries' preparedness for the green growth transition across a number of metrics. It also offered recommendations for the countries surveyed in the report.

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Source: afdb.org


Nigerian Stocks Scrape Fragile Rally As Turnover Drops

August 16, 2022--The all-share index expanded 80 points to close at 49,709.5, while market capitalisation closed higher at N26.8 trillion.

Nigerian stocks inched up 0.2 per cent on Tuesday, the market's first advance since Wednesday, but that does not seem a sure-footed rebound as the number of decliners more than doubled that of gainers.

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Source: allafrica.com


Africa: 9 Out of 10 Africans Likely to Use Made-in-Africa Tech Solutions-Report

August 10, 2022-A new report that includes the surveyed opinions of 4,500 Africans from Kenya, Nigeria and Ghana has revealed that the recent wave of technology innovation coming out of Africa is changing how Africans view the continent, even as it revealed that nine out of 10 Africans (91.7 per cent) are likely to use technology solutions that are made in Africa.

The Africa Innovation Impact Report, which was compiled by Talking Drum Communications, a communications consultancy that works with African technology companies, and Survey54, an artificial intelligence-powered market research company, revealed that, four out of five (84.6 per cent) of Africans stated that recent developments in African technology had impacted the perception of the continent.

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Source: allafrica.com


Nigeria: Economy Grew At 3.4 Percent, Says Ubosieleh Report

August 9, 2022--A new report by Ubosi Eleh & company, an estate and valuer firm, says the nation's economy grew at 3.4% to beat the 3% figure projected by the International Monetary Fund (IMF).

The Ubosi Eleh & company annual report, now in its third edition, having debuted in 2019, reviewed the real estate situation in 2021.

The 3.4% economic growth was a significant highlight of the 128-page report that described the rate as the fastest and strongest annual rate since 2014 and that it was uncharacteristically driven by the non-oil sector. The report added that Nigeria's GDP grew by 5.01% year on year in the second quarter of 2021.

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Source: allafrica.com


As Africa's digital economy grows, expensive internet hinders investor activity in some countries

July 27, 2022--A new report detailing the cost of mobile data in different markets across the world bears the evidence of why internet use in most of Africa remains low despite the growing broadband internet coverage.

The Worldwide Mobile Pricing 2022 report, which surveyed 233 countries and territories, shows that five of the 10 most expensive countries to buy mobile data in the world are in sub-Saharan Africa.

Mobile data is so costly in these countries that 1GB costs at least $10, which is 250 times more expensive than Israel, the country said to have the world's cheapest data.

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Source: techcrunch.com


African Economic Outlook 2022: African Development Bank and IMF experts underscore the urgency of climate financing for Africa

July 26, 2022--African Development Bank and International Monetary Fund (IMF) experts have stressed the urgency of mobilizing climate financing for Africa during a panel discussion on the African Development Bank's 2022 African Economic Outlook hosted by the IMF in Washington, DC on Monday.

Participants at the meeting heard that African countries need to mobilize $1.6 trillion between 2022 and 2030 to meet their Nationally Determined Contributions to fight climate change, So far, they have only received $18.3 billion annually, leaving a financing gap of $108 billion annually. With current trends, Africa's NDCs will not be achieved.

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Source: imf.org


Nigeria's Inflation Rate Hits 18.6%

July 15, 2022--The new rate is 0.84 per cent points higher compared to the rate recorded in June 2021, which was 17.75 per cent.
Nigeria's inflation rate increased to 18.60 per cent in June, up from 17.71 per cent in the previous month, the National Bureau of Statistics (NBS) said on Friday.

The new rate is 0.84 per cent points higher compared to the rate recorded in June 2021, which was 17.75 per cent.

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Source: allafrica.com


Nigeria: Over 13 Million Nigerians Hold Cryptocurrencies-UN Report

July 12, 2022--No fewer than 13 million Nigerians are in possession of digital assets, as the United Nations Conference on Trade and Development (UNCTAD) has rated the West African country third among countries with the highest number of cryptocurrency holders in Africa.

Latest data from the UN agency's policy brief indicated that the country was trailing Kenya and South Africa, with about 6.3 per cent of the Nigerian population owning or holding cryptocurrencies.

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Source: allafrica.com


Free Trade Deal Boosts Africa's Economic Development

June 30, 2022--Highlights
A new agreement creating Africa's first continent-wide free trade area could generate greater economic benefits than previously estimated.
The African Continental Free Trade Area (AfCFTA), if fully implemented,could raise incomes by 9 percent by 2035 and lift 50 million people out of extreme poverty.

To realize its potential benefits, the agreement must accomplish its most ambitious goals, which include harmonizing policies on e-commerce, investment, and intellectual property.

The African Continental Free Trade Area (AfCFTA) could deliver far greater benefits in terms of jobs, growth, and poverty reduction than previously estimated-making it a potential game changer for Africa's economic development if its ambitious goals are fully realized.

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view the World Bank Making the Most of the African Continental Free Trade Area : Leveraging Trade and Foreign Direct Investment to Boost Growth and Reduce Poverty report

Source: worldbank.org


Americas


September 15, 2025 First Eagle ETF Trust files with the SEC-First Eagle Mid Cap Equity ETF and First Eagle US Equity ETF
September 15, 2025 Transamerica Series Trust files with the SEC
September 15, 2025 Vanguard Fixed Income Securities Funds files with the SEC-Vanguard High-Yield Active ETF
September 15, 2025 Hartford Funds Exchange-Traded Trust files with the SEC-Hartford Dynamic Bond ETF
September 15, 2025 AMG ETF Trust files with the SEC-AMG GW&K Muni Income ETF

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Europe ETF News


September 04, 2025 Global X Launches Two High Dividend ETFs, Tracking Solactive European and United Kingdom SuperDividend Indices
September 03, 2025 The T+1 Thursday conundrum pushing instantaneous settlement on traders
September 01, 2025 ETF and ETP Listings on September 1, 2025, new on Xetra and Borse Frankfurt
August 29, 2025 21Shares Launches First ETP Tracking Hyperliquid, the Market Leader in Decentralized Perpetuals
August 27, 2025 ETF and ETP Listings on August 27, 2025, new on Xetra and Borse Frankfurt

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Asia ETF News


September 08, 2025 Samsung Securities Launches Two ETNs Tracking Solactive China Mobility Top 5 Hedged to KRW Index and AI Tech Top 5 Hedged to KRW Index in First Collaboration with Solactive
September 03, 2025 SGX Securities Welcomes The Listing Of SPDR J.P. Morgan Saudi Arabia Aggregate Bond UCITS ETF
September 03, 2025 BTIG Begins Offering Access To Tokyo Stock Exchange's CONNEQTOR Platform
September 03, 2025 Exclusive: US trading firm Jane Street files appeal against India markets regulator
September 02, 2025 Hana Asset Management Launches 1Q Xiaomi Value-Chain Active ETF Tracking the Solactive-KEDI Xiaomi Focus China Tech Index

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Global ETP News


September 04, 2025 Infographic-G20 Inflation Tracker: July
September 04, 2025 How Stablecoins and Other Financial Innovations May Reshape the Global Economy
September 04, 2025 Finance Changed, Risks Didn't
September 03, 2025 Ondo Brings Over 100 Tokenized U.S. Stocks and ETFs Onchain, Starting on Ethereum
August 27, 2025 FBS Analysis Highlights How Political Shifts Are Redefining the Next Altcoin Rally

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Middle East ETP News


September 02, 2025 Indxx US Infrastructure Index Licensed by KSM Mutual Funds Ltd. for an Index Tracking Fund
September 01, 2025 Lunate Launches Boreas Solactive Quantum Computing UCITS ETF, the First Thematic ETF to List on ADX, Tracking the Solactive Developed Quantum Computing Index
August 20, 2025 Mideast Stocks: Gulf bourses trade lower ahead of key Fed speech

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ESG and Of Interest News


August 28, 2025 Collapse of critical Atlantic current is no longer low-likelihood, study finds

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White Papers


September 08, 2025 Economic development, carbon emissions and climate policies

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