Economics

A gauge of global stocks rallied and the U.S. dollar slumped on Wednesday after the Federal Reserve raised its target interest rate by the...

A weakening macroeconomic environment in Nigeria increases uncertainties for companies operating in the country and is expected to exert pressure on corporate profit and...

China may be ready with gloves on, in the rings for a currency war with the West, especially its arch rival, the United States,...

By DATAPRO On Tuesday, the 22nd of November 2022, the Central Bank of Nigeria through its Monetary Policy Committee for the umpteenth time raised the Monetary Policy...

Employees of the Nigeria Sovereign Investment Authority (NSIA), who manage Nigeria’s sovereign wealth fund (SWF) on average earned N46.6 million ($104,000) per annum in...

The Central Bank of Nigeria (CBN) often gets a bad rap by those who criticize its heterodox monetary policies that include not letting the...

Manufacturing is the process of transforming raw materials into a whole new product Flath (2014). He notes that the transformation of raw materials involves...

The Nobel Memorial Prize in Economic Sciences was awarded to former Federal Reserve Chair Ben Bernanke and two others for their research in the...

Turning away from Russian energy will lead to “very deplorable consequences” for the European Union, with up to 20 years of deindustrialization ahead, Kremlin...

As the central bank pushes interest rates higher in its campaign against inflation, firms are starting to pay more interest on outstanding debt, as...