DefinitionThe Bear Sterns was a New York City based global investment bank and financial company that collapsed in 2008 during the subprime mortgage crisis. The company was founded in 1923 and lasted ...
Treasury Bills are a type of debt instrument issued by CBN on behalf of the government to raise funds for spending. Treasury notes are another tool the CBN employs in its efforts to manage the economy...
In recent years, there has been a growing trend of young Nigerians leaving the country in search of greener pastures abroad. This trend, which is often referred to as "japa syndrome," has become a maj...
Investing in Africa has been on the rise and many countries are not taking it lightly. In this article, Investingport will be showing you a list of fast growing African economies and how they have per...
As Nigeria prepares for the swearing-in of its president-elect, many are wondering how the country's new leader will tackle the issue of foreign exchange that has plagued the Nigerian economy for ov...
DefinitionA bank run is a term used to describe a situation where bank customers withdraw all the money in their deposit accounts for fear that the bank insolvency. The more customers withdraw their m...
Warren Buffett, the former richest man in the world adds $12.1 billion to his net-worth in 2021 alone. The value investor saw his wealth soar to $100 billion putting him firmly in position as the sixt...
On Thursday, Feb. 20, Wall Street Investment Bank, Morgan Stanley (MS - 4.3 %) announced that it was making plans to acquire prominent stock brokerage firm, E-Trade (ETFC) in a $13 billion all-...
Seems the largest-ever private real estate deal is about to take place in the United Kingdom. The deal involves Blackstone Group Inc (BX). acquiring the iQ Student Accommodation business from Goldm...
Coronavirus selloff has forced a lot of stock prices to go lower than they've ever been in years. A lot of good companies with great balance sheets are selling for cheap and this means that there is a...