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Macroeconomic
Naira Ends January Stronger at ₦1,386/$ in Official Market as FX Stability…
The naira closed the month of January 2026 on a positive note, strengthening against the United States dollar in…
South-West States Unveil N8.7tn 2026 Budget Focused on Capital Projects and…
The South-West states of Nigeria have proposed a combined budget of N8.7 trillion for 2026, with capital…
Nigeria’s Economic Reforms Set to Boost Consumer Spending and Drive Growth in 2026
Nigeria’s ongoing economic reforms are set to ignite consumer spending and business growth, according to the…
Central Bank of Kenya Plans KSh 50 Billion Bond Sale Amid Investor Interest Surge
The Central Bank of Kenya (CBK) is set to raise KSh 50 billion in February through the sale of long-term Treasury…
Nigeria’s N20.12 Trillion Budget Deficit Could Squeeze Private Sector Credit in…
Nigeria’s projected N20.12 trillion budget deficit for the 2026 fiscal year has raised alarms among financial…
Nigeria’s Money Supply Hits N124.4 Trillion as Currency Circulation Rises
Nigeria’s money supply (M²) rose by 1.2 percent month-on-month (MoM) to N124.4 trillion in December 2025, up from…
Nigeria Economic Growth 2026 Boosts Sub-Saharan Africa Outlook, Says IMF
The International Monetary Fund (IMF) has praised Nigeria’s ongoing economic stabilisation efforts, noting that…
Nigeria Launches “Back to the Farm” Initiative to Combat Food Insecurity
The Nigerian government has unveiled a bold new macro-strategy to tackle persistent food insecurity across the…
Nigeria Economic Outlook 2026: Report Projects Reform-Led Growth and Rising…
Nigeria’s economy is entering a phase of reform-driven stability that could strengthen growth and attract fresh…
Bank Lending Hits 14-Month Low Amid Recapitalisation Pressures in Nigeria
Nigeria’s banking sector recorded a sharp slowdown in credit extension, with total loans dropping to N52.656…
Nigeria Non-Oil Exports Hit $6.1 Billion in 2025 as Country Boosts Global Trade…
Nigeria’s non-oil export sector achieved a historic milestone in 2025, recording total earnings of $6.1 billion—an…
Nigeria’s Economy Set to Grow by 4.4% in 2026 Amid Policy Reforms
Nigeria’s economy is on a steady recovery path, with the International Monetary Fund (IMF) projecting a growth rate…
IMF Raises Nigeria’s 2026 Economic Growth Forecast to 4.4%
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast for 2026 upward to 4.4%,…
Asia-Pacific Markets Dip as Investors Eye Greenland Tensions and China Economic…
Asia-Pacific markets mostly slipped on Monday, reflecting investor caution after heightened geopolitical tensions…
Nigeria’s Economic Growth Remains Fragile Without Targeted Poverty Reduction…
Nigeria’s recent economic recovery remains fragile and may fail to improve living standards unless deliberate…
Nigeria Eyes Interest Rate Cuts as Inflation Eases, Offering Relief to Strained…
Nigeria could soon see relief for its heavily burdened public finances as Finance Minister and Coordinating…
FG Allocates N334.54 Billion for Contributory Pension in 2026 Budget
The Federal Government of Nigeria has earmarked N334.54 billion for contributory pension schemes across its…
2026 Budget Shock: MDAs Add N3.5tn in New Projects Despite Federal Government…
In a surprising turn, Nigeria’s 2026 budget reveals that Ministries, Departments, and Agencies (MDAs) have…
FG Allocates N2.3 Trillion to Agriculture and Technology in 2026 Budget
The federal government has earmarked a total of N2.3 trillion for the Ministries of Agriculture and Food Security…
Nigeria’s Debt Service Set to Surpass N91 Trillion by 2028 Under Tinubu…
Nigeria’s federal government, under President Bola Tinubu, is on track to spend over N91 trillion on debt service…
NBS Engages Stakeholders Ahead of December Inflation Report as Temporary Price…
The National Bureau of Statistics (NBS) is set to engage key stakeholders ahead of the release of…
Nigeria Posts N12 Trillion Trade Surplus as Non-Oil Exports Soar 21% in H1 2025
Nigeria recorded a N12 trillion trade surplus in the first half of 2025, fueled by a 21 percent increase in non-oil…
Ghana’s Inflation Falls to Four-Year Low as Currency Surges
Ghana’s annual inflation eased to 5.4 percent in December 2025, marking the lowest rate since a consumer price…
Global Wage Growth Hits 15-Year High as Inflation Eases, Boosting Workers’ Buying…
Global wage growth surged to its fastest pace in over 15 years in 2024, offering a welcome relief to workers…
Naira Likely to Stay Under Pressure in 2026, Says Economist Yemi Kale
Economist Yemi Kale has warned that the Nigerian naira is likely to remain under pressure against the US dollar…
Nigeria’s Economy Shows Signs of Stability, but Structural Weaknesses Remain —…
Nigeria’s economy is gradually finding its footing after years of volatility, but deep-seated structural weaknesses…
Nigerians Cut Household Spending by N14tn in 2024 Amid Surging Inflation
Household spending in Nigeria plummeted by a staggering N14 trillion in 2024 as soaring inflation ate into the…
Dollar Inflows Into Nigeria’s FX Market Drop 21% as Foreign Investors Pull Back
U.S. dollar inflows into Nigeria’s official foreign exchange (FX) market fell sharply last week, signaling…
Nigeria Tax Reforms Spark Security Alert as NRS Warns Against Misinformation
The Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, has put the nation’s security agencies on…
Venezuela Crisis Could Create $10B Gap in Nigeria’s N58 Trillion 2026 Budget
Nigeria’s 2026 spending plan, pegged at N58.18 trillion, could face a $10 billion shortfall due to the unfolding…