Nigeria is facing a significant economic downturn due to a substantial decline in crude oil production—a primary source of national revenue. Amid this crisis, the Federal Government (FG) has pivoted to an alternative revenue stream by taxing foreign digital service providers operating within the c
October 8, 2024Economic conditions worldwide are sending mixed signals. While business confidence in several key economies is waning, stock markets seem to be defying the gloom. This analysis delves into this paradox, exploring the underlying factors at play. The situation presents a fascinating juxtaposition
September 26, 2024The global financial crises of 2008-2010 left indelible marks on economies worldwide, but their impact on corporate governance, particularly gender diversity on corporate boards, reveals a concerning trend. A recent study by Professor Shibashish Mukherjee of emlyon business school and Sorin M.S.
September 18, 2024Elon Musk's acquisition of Twitter has become the most problematic buyout financing deal for banks since the 2008 financial crisis, according to a report by The Wall Street Journal. The primary issue revolves around the $13 billion in loans he secured from seven banks, including Morgan
August 21, 2024Wayfair's Q2 Struggles Mirror Consumer Caution Amid Economic Headwinds Wayfair, the prominent online retailer renowned for its home furnishings, has recently navigated a rocky terrain marked by declining consumer expenditure and unfavorable economic conditions. The company's
August 2, 2024Financial crises often surprise not just the public but also financial experts, raising significant questions about the effectiveness of current regulatory measures. Despite our extensive historical knowledge of the mechanisms and triggers behind such crises, they continue to occur with alarming
July 16, 2024