Members of the Nigerian Labour Congress (NLC) have come together to stop the Federal Government from the proposed increment placed on electricity tariffs which is expected to start on July 1, 2023.It ...
In recent years, Gabon's economy has experienced notable shifts, presenting a mixed bag of opportunities and challenges. Macroeconomic and financial developments have played a pivotal role in shaping ...
What Is GDP?Gross domestic product, also known as GDP, represents the total monetary value of all final products and services produced within the country for a period of one year. This is what is firs...
The World Bank, in its recent prediction, has revealed that Nigeria's gross domestic product (GDP) will increase by 3.7% in 2025.The World Bank made this known in its latest report titled "Global Econ...
This is simply the yield paid on a US Treasury Security that has 30 years of maturity. This Treasury used to be the benchmark of the US bond, but the 10-year Treasury is fast gaining more ground. The ...
In past times, Gold was used as a benchmark to determine the value of commodities. With the rise of other tradable commodities and securities, the attention of investors has partially moved away from ...
Higher stock valuation in the U.S is trying to blow up due to some concerns of inflation fear and rising home yields. The widespread fear is that there would be an extremely severe selloff capable of ...
One of the key causes of what has become the biggest inflation in a generation has been energy expenses. The price of a barrel of U.S. benchmark crude oil just hit a seven-year high of $87 a bar...
The Nigerian Central bank reported in April that the interest rate is 16.82 percent, however, we believe that it is much higher than that since the buying power of the Naira has reduced drastically wh...
The Dow Jones Industrial Average increased by more than 800 points on Friday, topping last week's bear market lows and marking the start of the index's first weekly gain since May. ...