Month: August 2020

Smart Investing for Beginners on a Tight Budget

Investing can seem complicated and overwhelming when it conjures images of the stock market, in reality, there are other opportunities to invest irrespective of your income or age bracket. If you’re living paycheck-to-paycheck, without much room in your budget, you might assume that investing isn’t something you can do right now, but you don’t need…

Fiscal Policy vs. Monetary Policy: Pros & Cons

Fiscal Policy vs. Monetary Policy  Fiscal policy and monetary policy are the two tools used by the state to achieve its macroeconomic objectives. To have a stable economy, these two policies must have been effectively managed which are fiscal and monetary policy. Fiscal policy is the use of government spending and tax policies to either…

Is Debt Good or Bad?

Is Debt Good or Bad?

Isn’t it funny that debt is one topic that many people treat like a dirty little secret, yet at one point or the other we have all been in debt? Typically, when someone asks for a loan from family or friends, there’s this unspoken code of confidentiality that immediately comes into play. Perhaps this is…

Inflation Report – June 2020

INFLATION REVIEW | NIGERIA | JUNE 2020 The National Bureau of Statistic (NBS) published the consumer price index (CPI) report for June 2020, which showed inflationary pressure intensified in the months with 16bps increased from the previous month as food prices surged. Nigeria’s headline inflation rose to 12.56% y/y in June from 12.40% y/y recorded…