What is the Student's Loan?A student loan is a form of financial aid made available by the United States government for the benefits of students who don't have the money to finance their education and...
When investing is concerned, there are some practices that one needs to be aware of, especially those investors who have people trade for them. One of such practices is churning.What is Churning?Churn...
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...
Buy now pay later (BNPL)—a short-term consumer financing that allows shoppers to acquire products online and pay in instalments with miminal or no fees—is sweeping the global e-commerce sector. ...
In Nigeria, mortgage banking has grown in recent years due to the growing demand for affordable housing. Despite the potential benefits, mortgage banking in Nigeria faces various challenges that ...
Google and Verve, the prominent Nigerian payment card brand, have partnered up to enable effortless app purchases on the Google Play Store for Nigerian users. The local currency, Naira (₦), will ...
What is cryptocurrency?According to Investopedia, a cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Ma...
A financial institution is an institution that deals with fiscal and monetary transactions such savings, lending, investing, and currency exchange. Banks, insurance companies, trust companies,&nbs...
Y Combinator’s latest batch — W22 — features 414 startups from 42 countries, depicting more than 80 sectors. Just like previous year’s assortments, about half of the companies in the W22 bat...
The Federal Reserve is in charge of the country's monetary policy. A key part of its task is adjusting the federal funds rate, the short-term interest rate banks charge one another to lend funds overn...