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Q4 2024 GDP Report Reveals Economic Weaknesses and Imbalance – Expert Analysis
The recently released Q4 2024 GDP figures from the National Bureau of Statistics (NBS) indicate a…
ICT Contributes 17.7% to Nigeria’s GDP, Telecom Sector Leads Growth
In a recent report from the National Bureau of Statistics (NBS), the Information and Communications Technology…
World Bank to Approve $2.2 Billion Loan for Nigeria in 2025
Nigeria is set to receive a $2.2 billion loan from the World Bank in 2025, aimed at supporting six major…
Interswitch Pushes for AI Integration in Africa’s Workforce and Economy
Interswitch, a leading integrated payments and digital commerce company in Africa, is emphasizing the critical…
U.S. and Euro Zone Inflation Divergence Reaches Three-Year High Amid Economic…
Traders are betting on the sharpest inflation divergence between the U.S. and the euro zone in three years, driven…
NESG Calls for AI Adoption in Nigerian Town Planning to Boost Productivity
The Chairman of the Nigeria Economic Summit Group (NESG), Olaniyi Yusuf, has emphasized the need for the…
Concerns Mount as Naira Strengthens Amid Decline in Forex Reserves
The Nigerian naira has shown notable improvement recently, gaining strength due to foreign exchange reforms…
GPHA Warns Ghana Could Lose Port Business to Lomé, Abidjan
The Ghana Ports and Harbours Authority (GPHA) has raised concerns over the potential loss of port business to…
Ghana and Rwanda Sign MoU to Enhance Cross-Border Fintech Operations
Ghana and Rwanda have taken a significant step towards financial innovation by signing a Memorandum of…
Naira Strengthens to N1,485 as Dollar Liquidity Improves
The Nigerian naira has strengthened against the US dollar in the parallel market, reaching a rate of N1,485 per…
Global Markets Tread Carefully Amid Rising Tensions and Economic Concerns
Global stock markets showed cautious gains as investors weighed the potential for economic slowdown in the U.S.…
SEC Shortens Capital Market Approval Time to 14 Days
The Securities and Exchange Commission (SEC) has significantly reduced the approval time for companies looking to…
Rewane: CBN’s Intervention Policies Strengthen Naira Stability
Economist Bismarck Rewane, CEO of Financial Derivative Company, has praised the Central Bank of Nigeria’s (CBN)…
LCCI Calls for Monetary Policy to Address Real Economic Pressures, Not Just…
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona, has urged the…
Nigeria and Kazakhstan to Strengthen Cooperation in Agriculture, Trade, and…
Nigeria and Kazakhstan are preparing to sign a Memorandum of Understanding (MOU) to enhance bilateral relations,…
Experts Predict Strong Q4 GDP Growth in Nigeria but Full Year May Fall Short
Nigeria's economy is projected to see a strong Q4 2024 GDP growth, surpassing the 3.46% recorded in Q3 2024.…
Strong Demand for Bank of Ghana Treasury Bills as Rising Interest Rates Influence…
The Bank of Ghana's latest treasury bills auction, held on February 21, 2025, revealed strong demand for…
Tinubu Vows Support for Fintech Growth in Nigeria
President Bola Tinubu has pledged his administration's commitment to supporting the growth of the financial…
Stock Market Experiences N231bn Loss as Bearish Trends Persist
The Nigerian stock market started the week on a negative note, with significant losses amounting to N231 billion.…
Naira Strengthens Against Major Currencies Following EFEMS Introduction
The Naira has shown significant improvement against major foreign currencies, including the British Pound, Euro,…
Young Nigerians Positioned to Drive AI Growth for Economic Prosperity
Victor Benjamin, the West/South-South Director for Young Professionals for Tinubu, has emphasized that young…
CBN Pledges to Enhance Nigeria-Saudi Economic Relations
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has reaffirmed the bank's commitment to…
Nigeria’s Currency in Circulation Reaches N5.24 Trillion, 90.4% Held Outside…
Nigeria's total currency in circulation hit a record high of N5.24 trillion in January 2025, reflecting a 43.5%…
Brazil’s JBS to Invest $2.5 Billion in Ogun State’s Livestock Industry
In a major boost to Nigeria's livestock sector, JBS, the world’s largest protein producer based in Brazil, has…
Bank of Ghana Signals Review of Cash Reserve Ratio to Ease Liquidity Strain
The Bank of Ghana (BoG) has signaled its intention to gradually review the Cash Reserve Ratio (CRR) for commercial…
COMAC vows to resist policies that threaten local investment-GHANA
The Chamber of Oil Marketing Companies (COMAC) has expressed strong opposition to policies that could harm local…
Nigeria Seeks Saudi Investment for Infrastructure Development
The Nigerian government has initiated discussions with the Saudi Fund for Development (SFD) regarding potential…
Indian Tech Sector Poised for Strong Growth, Set to Cross $300 Billion by FY26,…
India’s technology sector is on track for accelerated growth in fiscal year 2025, according to the National…
Thai Finance Minister Advocates Interest Rate Cut to Stimulate Economic Growth
Thailand's finance minister, Pichai Chunhavajira, has indicated that the country's low inflation provides an…
AfDB Report: Africa’s Economic Growth Shows Improvement Despite Global Challenges
The African Development Bank (AfDB) has revealed signs of economic recovery for Africa in its 2025 Macroeconomic…