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US Federal Reserve says rate hike is not meant to induce recession
After intensifying interest rate hikes, Federal Reserve Chairman, Jerome Powell indicated on Wednesday that the central bank hopes to prevent...
Crypto market loses $2 trillion from its peak as Bitcoin struggles to stay above $20K
The Bitcoin market has seen significant price volatility, especially after the US central bank issued the largest interest rate hike...
Cadbury Nigeria says it faced huge challenges in sourcing US dollars for importation
Cadbury Nigeria has said that the company faced huge challenges in sourcing US dollars for the importation of key raw...
US Federal Reserve hikes benchmark interest rate by 0.75%
The United States Federal Reserve raised its target interest rate by three-quarters of a percentage point to combat a disruptive...
Bill Gates says crypto, NFTs 100% based on greater fool theory
Microsoft co-founder, Bill Gates has stated that investment in crypto like nonfungible tokens (NFTs) is based on the greater fool...
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