Category: Government
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Why Do Interest Rates Go Up When Prices Do?
Central banks, like the US Federal Reserve, aim to maintain stable prices and employment. When inflation rises, they raise interest rates to reduce borrowing and spending, curbing inflation. However, this can also slow economic growth and lead to higher unemployment. It’s a delicate balance, but crucial for a healthy economy.
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Security versus Economy: A Nation’s Tightrope Walk
In the eternal debate between security and economy, finding a balance is crucial. Prioritizing security ensures stability and protection, but neglecting the economy can lead to poverty and unrest. Historical examples emphasize the need for a nuanced approach. Ultimately, sustaining a nation’s progress requires balancing both aspects with agility and…
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Ghana’s Economic Challenges: IMF Loans and Oil Discoveries
Ghana, a lower-middle-income country with a population of over 32 million people, is often heralded as one of the fastest-growing economies in Africa. However, this narrative is tempered by a series of economic challenges that the nation faces. In this article, we will delve into the key issues confronting Ghana’s…
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Nigerian Modular Refineries: Game-Changers for Oil and Gas
Nigeria, often referred to as the “Giant of Africa,” is a nation with vast oil reserves. However, this valuable resource has long been marred by issues of oil theft, pipeline vandalism, and a lack of refining capacity. In recent years, Nigeria has been exploring the potential of modular refineries as…
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Single Parenthood in South Africa: Issues and Effects
In South Africa, single parenthood is on the rise, with black households being particularly affected by this trend. According to the 2019 General Household Survey, a significant 41% of children under the age of 18 live with a single mother. This figure is even higher in black households, where it…
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Muslim-Muslim Ticket in Nigeria: Controversies and Implications
Nigeria, a nation with a population split roughly 50% between Muslims and Christians, has a rich history of religious tolerance and pluralism. Despite this, the country has experienced periods of tension and violence between these two major religious groups. In 2023, the All Progressives Congress (APC) made history by nominating…



