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    FINANCE & ECONOMY

    June 13, 2021

    WB Approved US$100 Mln to Help Morocco Tackle Natural Disasters

    Washington - The World Bank (WB) approved on Friday, US$100 million in additional financing to help Morocco strengthen its ability to withstand the impact of natural disasters.

    The extra financing will be used"...

    June 13, 2021

    World’s 1st Nano Urea Introduced by IFFCO in India for the Farmers Across the World

    World’s 1st Nano Urea Liquid is introduced for the farmers across the world by Indian Farmers Fertiliser Cooperative Limited (IFFCO). This is an inspiration taken from the call of the Prime Minister of India for reducing the use of Urea. The Nano Urea Liquid is indigenously developed"...

    June 13, 2021

    Schlumberger New Energy and Panasonic Energy of North America Announce Strategic Collaboration on New Battery-Grade Lithium Production Process

    Schlumberger New Energy and Panasonic Energy of North America, a division of Panasonic Corporation of North America, announced today that they have entered into a collaboration agreement for the validation and optimization of the innovative and sustainable lithium extraction and production"...

    June 13, 2021

    State Street Launches New Division Dedicated to Digital Finance

    State Street Corporation (NYSE: STT) today announced that it has launched a new division focused on addressing the industry’s evolving shift to digital finance. The new division, State Street Digital, will be led by Nadine Chakar, three-decade industry veteran and executive vice president."...

    June 13, 2021

    Moody’s Launches Moody’s Moments Video Series Providing Insight into Corporate Strategy

    Moody’s Corporation (NYSE:MCO) today announced the launch of Moody’s Moments, a new video series for Moody’s stockholders and other stakeholders that offers insights from Moody’s leadership into the company’s evolution as a global integrated risk assessment"...

    June 10, 2021

    FCMB Restates Commitment to Environmental Sustainability

    First City Monument Bank (FCMB) has re-assured that it will continue to champion, execute and support initiatives that would enhance the ecosystem, as well as tackle some of the adverse effects of climate change and other challenges facing the environment.

    According"...

    June 10, 2021

    Stock Market Gains N151bn as Bulls Consolidate Hold

    The stock market gained N150.8 billion yesterday as the bulls consolidated their hold on the market.

    The bulls had regained control of the market on Tuesday after a negative trading on the first day of the week."...

    June 10, 2021

    Tanger Med's Performance Continues to Progress Despite Pandemic

    Rabat- The performance of Tanger Med has been excellent this year despite the effects of the COVID-19 pandemic, Jeune Afrique reported on Tuesday.

    'The Moroccan hub continues to trace its path in the Mediterranean"...

    June 9, 2021

    Historic Tax Agreement at G7 Summit Will Make Global Ripples

    Representatives of the world’s so-called wealthiest economies (Group of Seven, G7) assembled in Cornwall, England on June 5th to make one of the most historic tax agreements to date. Significantly, these world-leaders agreed upon the installation of a global minimum tax rate that"...

    June 9, 2021

    IKEA to Open its Second Store in Morocco in June 2022

    Rabat - Swedish furniture giant, has announced the launch of its second department store in Morocco.

    Following the success of the IKEA department store in Casablanca, INGKA Holding, the department store’s"...

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