Chinelo Ezeobi 
It seems that Bitcoin’s (BTC) impending death cross—a traditionally bearish technical pattern—is once again proving to be a contrary indicator, hinting at renewed bullish momentum, just as it did in September 2023. This is largely due to a significant statement made early Wednesday by Shinichi Uchida, the influential deputy governor of the Bank of Japan … Read more
The creator economy refers to the ecosystem of digital platforms, tools, and monetization methods that enable independent creators to generate income from their content, skills, and creativity. This includes bloggers, YouTubers, podcasters, influencers, artists, writers, and more. Key components of the creator economy include: The creator economy has seen explosive growth, driven by increasing internet … Read more
The financial report for the first quarter of 2024 by Unilever Nigeria Plc reveals significant changes in the company’s foreign exchange revaluation, influenced by the volatile foreign exchange market in Nigeria. Key highlights from the financial report include: Read Also: Ghanaian Stocks November 2023 Insights and Year-End Strategies In summary, Unilever Nigeria Plc navigated the … Read more
The survey conducted by Nairametrics highlights the significant demand for sachet water, commonly known as pure water, in the micro-business sector in Nigeria. Pure water appears to be the fastest-selling commodity across Lagos, Port Harcourt, and Abuja, with shop owners reporting high turnover rates and substantial profit margins. Key findings from the survey include: In … Read more
Kingsley Abrokwah, the founder of Ghanaian fintech startup KudiGo, has announced his decision to step down from the role of CEO of the company. The announcement was made via a LinkedIn post where Mr. Abrokwah expressed his intentions to transition to a non-executive director role within KudiGo. In his post, Mr. Abrokwah assured that despite … Read more
The Nigerian Stock Exchange (NSE) serves as a vital platform for investors to participate in the country’s economy. March witnessed a blend of movements among various stocks listed on the NSE. Here, we explore the performances of some notable stocks during the month: Top Performers: Stable Performers: Challenges Faced: Read Also: March 2024 Performance of … Read more
In an unforeseen turn of events, climatic conditions are dealing a severe blow to the global cocoa industry, catapulting cocoa prices to unprecedented heights. The current market is witnessing cocoa prices surging past $7,300 per metric tonne, a stark contrast to the $2,000/MT to $3,000/MT range observed over the past two decades. El Nino Southern … Read more
In economic systems, microeconomics serves as the magnifying glass, honing in on the individual cogs that drive the larger machinery of our financial world. As we embark on this journey through the realms of microeconomics, our goal is to unravel the mysteries surrounding individual decision-making, production, and resource allocation. Let’s start by peeling back the … Read more
Today, I want to chat about some economic stuff that’s not just in textbooks but in our everyday choices. So, let’s ditch the jargon and get real about supply and demand, scarcity, opportunity cost, and trade-offs – the unsung heroes of decision-making. 1. Supply and Demand Ever been to a farmers’ market on a sunny … Read more
Inflation is an economic concept that describes the sustained increase in the general price level of goods and services in an economy over time. This results in a decrease in the purchasing power of a currency, as each unit of money buys fewer goods and services. Several factors contribute to inflation, and its effects can … Read more