A global pandemic was far from Loretta Ibrahim’s mind when she signed up for the Click-On Kaduna digital skills program two years ago. The program has trained nearly 1,200 youth affected by conflict in the Nigerian state of Kaduna to prepare them for opportunities in the digital space. When COVID-19 drove many companies to shift to digital technologies this year, Loretta, 23, was ready. “The Click-On Kaduna experience has been nothing short of spectacular,” she said. “Because I had the skills already, I just got hired to manage the social media image of two clients.”
Central banks impact our daily lives in many ways with their role to promote economic and financial welfare of citizens, but their operations are even more critical during a crisis.Central bank reserves provide an essential buffer against uncertain economic outcomes and help protect against economic shocks to promote trade, maintain price stability, and attract foreign investment. Effective reserve management supports the broader mission of central banks to set targets for unemployment, inflation, and interest rates to ensure a healthy economy with full employment and favorable conditions to promote investments and the conducting of business.