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 ...
Despite the challenges of struggling with inflation rates in Nigeria, some Nigerian stocks made an outstanding impression of beating inflation in the month of May. 6.4% gain was registered as a month-...
The newly released National Bureau of Statistics data shows that three states in Nigeria had the highest inflation rates in May 2023. From May 2022 to May 2023, Ondo, Kogi, and Rivers had inflation ra...
As Bitcoin continues to captivate the attention of investors and traders worldwide, its price hovers around the $255.8K mark, reflecting the recent intraday range. All eyes are now on the upcoming key...
What is Cash CrunchA cash Crunch is synonymous with a lack of cash or an absence of liquidity.It is when individuals or organizations don't have enough cash at hand to meet their financial obligations...
Nigeria's inflation rate has reached an all-time high of 21.91% in February 2023, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS). This ne...
Netflix’s earning report numbers were impressive, the company added 7.66 million paid subscribers during the recent quarter business transaction. “We wouldn’t be getting into this bus...
Since inflation harms the economy, the Federal Reserve targets an inflation rate of 2% annually. When inflation is excessively high, it causes financial hardship for both businesses and consumers....
As a result of rising inflation, the Monetary Policy Committee of the Central Bank of Nigeria unanimously agreed to raise the benchmark interest rate, also known as the monetary policy rate, fro...
Mortgage rate declined for a second consecutive week on Friday, marking the biggest drop since December 2008. According to Freddie Mac, for nearly 3 decades the fixed-rate mortgage averaged 5...