Imagine you run a small business in India and take a loan of ₹1 crore at a floating interest rate of 8%. Over the next year, ...

The US president wants both to protect domestic manufacturing and hold the dollar as the reserve currency ...

After years of breaking free from dynamics in the crude oil market, Nigeria's naira has once again become a petro-currency. Petro-currencies are currencies of oil-producing nations which tend to rise ...

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...

The Eaton Vance Floating-Rate Income Trust is a fixed-income fund providing broad exposure to the floating-rate loan market.

We recently published a list of 8 Best Low Float Stocks to Invest in Now. In this article, we are going to take a look at ...

The dent in its books was caused by a September 2023 RBI communique spelling out how banks should value derivatives. It said ...

BAKU, Azerbaijan, March 16. The new edition of Iran's Bahar Azadi gold coin was sold for 843 million rials (about $1,450) on ...

Amaka Okoli became a bus driver three years ago after losing her job as a banker in Lagos, Nigeria’s economic capital. The 38 ...

The official currency of India is the rupee (INR), which is issued and regulated by the Reserve Bank of India. It's denoted by the symbol ₹ and is subdivided into 100 paise. The primary medium ...

Minority shareholders of PZ Cussons Nigeria Plc have voted against the proposed conversion of a N51,79bn intercompany loan ...

It is fashionable for Nigerians who know, and those who utterly have no idea, what neo-liberal economic policies mean, to ask why the Federal Gov­ernment and its economic policy­makers adopt the ...