Weekly Economic Index: NFTs in Google Play Store, Nigeria’s food emergency, and Standard Chartered divestment - News Summed Up

Weekly Economic Index: NFTs in Google Play Store, Nigeria’s food emergency, and Standard Chartered divestment


The new policy is to open new ways to transact blockchain-based digital content within apps and games on Google Play. Nigeria’s food security alertOn Thursday, 13th of July, Nigeria’s President Bola Ahmed Tinubu declared a state of emergency on food security in the West African nation amid soaring inflation rates triggered by the petrol subsidy removal. “With the petrol subsidy removal, the government is projected to achieve fiscal savings of approximately N2 trillion in 2023, equivalent to 0.9% of the GDP. More so, in Tanzania, the bank would sell its private & business banking business to Access Bank, a subsidiary of Access Holdings. Standard Chartered plc is a British multinational bank with operations in consumer, corporate and institutional banking, and treasury services.


Source: The North Africa Journal July 17, 2023 14:44 UTC



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