What are bonds?Bonds refer to fixed income instruments that represents a loan, made by an investor to a corporate or government borrower. Bonds can be viewed as an agreement between a lender and a...
Credit Default Swap (CDS) What is a Credit Default Swap (CDS)? A credit default swap (a type of credit derivative contract) refers to a financial contract that permits an investor to...
Time Period: December 2007 - June 2009Duration: 18 monthsGlobal GDP: -5.1%Global Unemployment Rate: 10%Similar Instance: The 1930s Great DepressionThe Great Recession was an economic decline era which...
Pierre-Emerick Emiliano François Aubameyang is a professional football player for both international and domestic teams. He is seen as one of the most talented players with top-notch striking skills ...
Flip and sell real estate: Fix and flip strategy When done right, can be a great way to generate income in real estate relatively quickly. In a short time, you can improve a distressed property and se...
The Central Bank of Nigeria (CBN) on Thursday, April 29th, removed the newly appointed CEO of First Bank Of Nigeria Plc, as well as the board of directors of FBN Holdings.In a briefing in Abuja, Godwi...
It is a clause in your loan contract allowing the lender to require payment in full of the remaining loan balance or to accelerate the rate of the loan repayment. ...
Nigeria, amidst its ongoing struggle with multiple economic challenges, is set to redeem a $500 million Eurobond this month (July). The repayment of this loan, obtained five years ago at a coupon rate...
Billionaire, chairman and CEO of Vista Equity Partners Robert F. Smith is donating $50 million to the Student Freedom Initiative at Historically Black Colleges and Universities (HBCUs).The Student Fre...
US President Joe Biden has ruled out canceling the proposed $50,000 in student debt cancellation. Instead, he says $10,000 in student loan forgiveness per student is more considerable.“I will not ma...