Nigeria’s non-oil sector over the last two years have shown prospects to be an alternative source of revenue for the country asides oil which has failed to sustain the country’s revenue base. In this report, Daily Trust Saturday examines the prospects of the sector amidst surge in non-oil export earnings. For the first time since…
next couple years. paul: what about the impact of these mortgage rates, 7% interest is extraordinary in historical terms. it is a shock to a lot of borrowers who have been borrowing 30 year mortgages or lower if they have to borrow at 7 if they want to trade houses. that s a big shock. that is why you ve seen a lot of strength in new homebuying partly because there is a paucity of inventory because many people in existing homes find it difficult to find a place they can live and afford, given that their current mortgage maybe 2% or 3%, mortgage rates are 7. this is a major driver of the us economy, the volatility of
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