What is a Balanced Fund?DefinitionA balanced fund, also known as asset allocation fund, is commonly classified by its equal asset allocation in a single portfolio. It is a mutual fund that compri...
The recent financial downturn has turned Apple into a big company, the biggest tech company in the world and now it is worth more than Alphabet, Amazon, and Meta combined. Apple’s m...
Nigerian Breweries, one of the biggest beer manufacturers, announced on Tuesday in its recent note to the Nigerian Exchange Limited that it will proceed to restructure its entire business in response ...
It has been reported that the naira noticed a significant shift against the United States dollar at the official market on Wednesday, following a slight depreciation on Tuesday.The naira closed Wednes...
On Wednesday, The Federal Reservers vote to keep the rate unchanged and at zero until 2022. This is basically because of the current recession caused by the outbreak of coronavirus pandemic. The centr...
The International Monetary Fund recently released statistics showing that Nigeria's economy, the largest in Africa in 2022, is projected to drop to fourth place this year due to a series of currency d...
British International Investment, an impact investor and development finance institution based in the United Kingdom, has reported that it has entered into a risk-sharing agreement worth $100 million ...
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 Social Security Administration, earlier this week, announced that the cost-of-living benefits will be 1.3% in 2021. The increase only amounts to $20 per month, for the average retiremen...
Mr Akinwumi Adesina, the president of the African Development Bank, stated yesterday that non-transparent resource-backed loans threaten Africa's economic prospects because they make debt resolution m...