The Central Bank of Nigeria (CBN) has announced the disbursement of $500 million to different sectors of the economy to follow up on its recent payment of over $2 billion to clear outstanding debts in...
Inflation is the term used in economics to describe the rate at which the price of a representative basket of goods is increasing. Some inflation is good, and central banks attempt to achieve a consis...
Interest rate risk is the risk any investor takes on when holding an asset whose value is derived from interest rates, with the most common example being bonds. Bond prices are inversely proportioned ...
American bond investor and businessman, Jeffrey Gundlach who had a chat with Yahoo Finance correspondent, Julia La Roche believes that even though recession risks have fallen, n...
Named by Forbes as the richest woman in Nigeria, and the second most powerful woman in Africa. Alakija has a net worth of $1 billion, as of November 2019. She is the Managing Director of t...
Michael Bloomberg is an American businessman, politician, and author who founded in 1981 a financial data-services firm later named Bloomberg L.P. Michael served as mayor of New Y...
On Sunday, the Federal Reserve revealed its plan to purchase limitless assets as a new measure to stimulate the economy and keep the markets functional through its open-ended asset purchase program.Th...
Las Vegas Sands Corp (LVS)., the biggest casino operator globally has agreed to sell its properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion. This...
Forex (or foreign exchange) trading is a growing global marketplace where large companies and smaller investors alike are on pretty equal playing ground. This allows anyone familiar with the market to...
Bitcoin, which is virtual or digital currency, is one of the biggest things in the world right now. Like all other cryptocurrencies, it exists with blockchain. What this implies is that Bitcoin is one...