President Bola Ahmed Tinubu has directed the Federal Ministry of Industry, Trade and Investment, through the Bank of Industry (BOI), to extend its single-digit interest-rate financing to media organizations in the country. The Minister of…
EXCLUSIVE: New official figures from the Bank of England have revealed a surge in the number of buyers opting for home loans running for up to 40 years.
Both the S&P 500 and the NASDAQ are sitting at new highs as we wind down a very positive earning season. So far, almost 80% of S&P 500 companies have reported a positive earnings surprise, with the year-over-year earnings growth rate at…
Parents taking out student loans on behalf of their children will see a higher rate soon. It's another reason to think twice about overborrowing, experts say.
The EURUSD currency pair recently saw a surge to the notable 1.09 mark due to the US Consumer Price Index report. This increasing value highlights an anticipated decrease in Federal interest rates, fueled by a dwindling US inflation rate.…
HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest. The new HSBC Hybrid Checking Account earns interest on every dollar deposited into the account, the bank…
For the first time this year, Nigeria’s money supply has experienced a significant drop, a development closely linked to the Central Bank of Nigeria’s (CBN) recent hike in interest rates.
By Adedapo Adesanya Oil prices soared on Thursday after data showed a stabilizing job market in the United States, fueling expectations that the Federal Reserve could begin to cut interest rates soon. During the session, Brent crude…
Jamie Dimon, the CEO of JPMorgan Chase & Co, has voiced concerns about the persistent inflationary pressures in the U.S. economy. He suggests that these pressures may lead to a prolonged period of higher interest rates than what investors…