CBN’s Rising MPR: Fighting Inflation or Straining Growth? The Central Bank of Nigeria (CBN) has consistently increased the Monetary Policy Rate (MPR) since February 2024 to combat runaway infla...
NGX All-Share Index Surges 283.45% Since 2020The Nigerian Exchange Limited (NGX) has achieved remarkable growth in the 2020s, recovering strongly from a challenging 2015–2019 period. Here’s a brea...
The Federal Reserve is the central bank of the United States of America. The main responsibilities of the Fed are:Ensuring stability in the financial systemRegulation of the banking industryProtecting...
On Monday, billionaire Leon Cooperman, chairman and chief executive of Omega Advisors warned against the sharp rise of mom-and-pop investors on CNBC. These individual investors are taking advantage of...
In an attempt to insulate the US economy from the novel coronavirus pandemic, the Federal Reserve announced an emergency rate cut on Tuesday. Through the rate cut, the Feds slashed market interest rat...
Even as the coronavirus pandemic hits the market and causes many stocks to plunge, the 'big short' investor, Michael Burry is not disturbed by the turn of events in the stock market. “I have had a s...
US stock futures and the Asian stock market surged after global policymakers announced on Tuesday the economic measures to curb the economic impact of the Covid-19 on the global economy.On Monday, US ...
For the first time since 2011, Gold price jumps over $1,800 an ounce. Analysts also expect more gains as investors begin to stock up on the asset and hold its value while the coronavirus continues to ...
The stock market saw a rise on Tuesday, following a recovery from the previous session’s steady sell-off. Amazon took the lead of Big Tech shares with a higher percentage. The S&P 500 c...
In the midst of the 2023 Nigerian presidential election season, a recent arrest by the Economic and Financial Crimes Commission (EFCC) has raised questions about corruption and the scarcity of newly r...