Japan hikes interest rates for 2nd time since 2007

Japan’s central bank has raised the cost of borrowing for only the second time in 17 years as it tries to normalise monetary policy in the world’s fourth largest economy. The Bank of Japan (BoJ) increased its key interest rate…

How Remita Direct Debit is boosting Nigerian economy

Credit has increasingly been recognised as a major driver of successful economies. Access to credit stimulates business growth while increasing the purchasing ability of citizens, both of which ultimately lead to economic expansion. According to data from the US Federal…

Fears of second coronavirus outbreak hit global shares

Global stock markets have fallen amid fears that an uptick in coronavirus cases could cause more economic damage. The declines came after the US Federal Reserve warned that the American economy faces a long road to recovery. In the US,…

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