Currency pegging occurs when a government or central bank artificially raises or lowers the value of its currency in relation to the value of another asset rather than letting it continue trading on t...
The fear and greed index was created to track two of the most important emotions that impact how much stock investors are ready to pay.On a daily, weekly, monthly, and yearly basis, the fear and greed...
The African Export-Import Bank (Afreximbank) has concluded strategies to aid Nigeria in fuel importation and food sufficiency as there are ongoing dialogues to assist the country from the $4 billi...
March figures show that Ghana’s inflation rate hit its highest level in more than a decade. This is coming after the country’s central bank raised the interest rate in anticipation of inflation....
The Federal Reserve's main goal is to keep inflation under control while preventing a recession. It accomplishes this through monetary policy. The Fed must use contractionary monetary policy to impede...
“Assessing creditworthiness without a formal history is a major problem in financial services in Africa while social demographic data isn’t sufficient to make good credit decisions,” notes Eun...
The Nigerian Customs Service has officially released a circular announcing the reduction of import duties on both used and new vehicles. In a statement by Timi Bomodi, Customs National Spokes...
The Russian-Ukraine crisis has caused inflation of diesel costs which had impacted heavily and negatively on the manufacturing sector of Nigeria pushing the second quarter of Nigerian inflation ar...
The Central Bank of Nigeria has fined three Nigerian commercial banks a sum of N800 million for failing to adjust to regulations forbidding consumers from transacting in cryptocurrencies. Accor...
On Tuesday 5th April 2022, the exchange rate between the naira and the US dollar closed at N416.83/$1 at the official Investors and Exporters (I&E) window. Naira diminished in value against...