The Central Bank of Nigeria recently announced changes to the way the country’s foreign exchange market will work. Foreign currencies can now be bought and sold at rates determined by the market – not by the central bank. This signals the intention of the Bola Ahmed Tinubu administration to allow market forces to determine the […]
Americans are returning to the labor force at a quickening rate – do they just really need the work?
The U.S. economy surprised analysts by adding 467,000 jobs in January, overcoming omicron concerns and continuing a long streak of gains, the Bureau of Labor Statistics reported on Feb. 4, 2022. Yet at the same time, the unemployment rate ticked up a notch, from 3.9% to 4%. Confused? Shouldn’t a large increase in jobs drive […]