With oil and food prices reaching record highs, Nigeria's inflation rate surged to an 11-month high in May 2022, reaching 17.71 percent and marking its fourth consecutive monthly increase in th...
According to an executive at the world's largest airline organization, IATA claimed on Sunday that Nigeria is keeping $450 million in revenue generated by multinational carriers opera...
A creditor charges a borrower an interest rate, which is calculated as a percentage of the entire amount borrowed. The Federal Reserve increases the fed funds rate, which is the rate at...
Following the close of Thursday's North American session, US forecasts, as measured by the 10-year breakeven inflation rate, had fallen for the second day in a row, according to data fr...
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...
According to persons familiar with the situation, the White House is considering canceling at least $10,000 in student debt per borrower by executive action, with momentum growing as President Joe Bid...
A housing bubble arises when demand for real estate exceeds supply, leading the average price of available houses to grow, which is frequently at an excessive rate. Additionally, when the trend d...
The African Export-Import Bank (Afreximbank) has concluded strategies to aid Nigeria in fuel importation and food sufficiency as there are ongoing dialogues to assist the country from the $4 billi...
March figures show that Ghana’s inflation rate hit its highest level in more than a decade. This is coming after the country’s central bank raised the interest rate in anticipation of inflation....
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...