Gaming Economics: Fortnite

Fortnite, developed by Epic Games, has had a profound economic impact on the modern gaming industry, disrupting traditional revenue models and breaking many records. As the most popular ‘battle-royale’ game, which is a last person standing multiplayer competition, Fortnite has achieved immense success. In 2019, Epic Games generated $3.7 billion and $5.5 billion in 2022 despite the most popular platform only being released in September … Continue reading Gaming Economics: Fortnite

Gaming Economics: FIFA

“EA Sports… it’s in the game.” You may recognise that iconic line which is heard as you reload FIFA – perhaps after a frustrating rage quit from a difficult round of FUT Champs! Since its kickoff in 1993, FIFA has firmly established itself as a global sports gaming sensation. Whether you’re a devoted football fan, a casual player, or someone uninterested in the sport, you … Continue reading Gaming Economics: FIFA

African Economies : How have oil and corruption affected Nigeria’s economy?

Nigeria is one of Africa’s most influential nations and holds significant power both economically and geopolitically. With a population of approximately 225 million people, it’s not only the most populated country in Africa but also has the continent’s largest economy. In 2022, Nigeria’s GDP reached an impressive $477.39 billion. Meanwhile, the country has been grappling with pressing challenges of poverty, crime, corruption, and overreliance on … Continue reading African Economies : How have oil and corruption affected Nigeria’s economy?

African Economies :  Zimbabwe’s Journey from a 100 Trillion Dollar Bill to Economic Recovery

Zimbabwe has captured global attention due to its serious economic struggles. Pre-independence, Zimbabwe’s economy relied heavily on agriculture and the stable Rhodesian Dollar. However, post-independence, it has encountered the challenges of hyperinflation, land reform, and political instability. These difficulties have had a long-lasting impact on Zimbabwe’s economy, making it difficult for locals to trust the local currency, and has piqued the interest of the global … Continue reading African Economies :  Zimbabwe’s Journey from a 100 Trillion Dollar Bill to Economic Recovery

Cryptocurrencies and CBDCs – The Future of Money

As the world rapidly adapts to huge technological advancements, the traditional way of handling money has completely transformed. The rise of cryptocurrencies and development of CBDCs (Central bank digital currencies) have sparked a financial revolution, shaping the future of financial systems worldwide. Cryptocurrencies are completely digital and can be used as an alternative form of payment. They are created using encryption algorithms that ensure their … Continue reading Cryptocurrencies and CBDCs – The Future of Money