Browsing Category
Macroeconomic
Ghana Economic Recovery Showcased at IMF Spring Meetings 2026 as Ato Forson…
Ghana has placed its economic recovery story on the global stage at the ongoing IMF and World Bank Spring…
Fuel Subsidy Would Have Cost Nigeria N52 Trillion in 2026 – Zacch Adedeji
The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has revealed that Nigeria would have…
Nigeria Public Debt Rises to N159.28 Trillion in 2025 as Domestic Borrowing Drives…
Nigeria’s total public debt climbed to N159.28 trillion as of December 31, 2025, according to fresh data released…
FG Moves for Cheaper Funding as Global Tensions Push Inflation, Oil Prices Higher
The Federal Government has announced plans to pursue cheaper funding and stronger international financial support…
Nigeria FX Reserves May Fall to $47bn in 2026 Despite Economic Reforms – Fitch…
Nigeria’s foreign exchange reserves are projected to decline to about $47 billion by the end of 2026, according to…
Nigeria Fuel Prices, Inflation Rise as Oil Nears $100+ Amid Strait of Hormuz…
Nigeria’s economy is once again under pressure as global crude oil prices edge toward the $100-per-barrel…
Nigeria’s External Reserves to Fall to $47bn by 2026, Fitch Warns Amid Economic…
Fitch Ratings has projected that Nigeria’s external reserves will decline to around $47 billion by the end…
Naira Strengthens to N1,365 per Dollar as Global Dollar Weakness Drives Market…
The naira appreciated to ₦1,365 per dollar on Thursday, extending gains as the U.S. dollar weakened across global…
Naira vs Pound Stability at N1,862 Signals Market Calm in Nigeria FX Market
The Nigerian naira showed relative stability against the British pound sterling, closing at N1,862/£1 in the…
Nigeria Poverty Rate Hits 63% in 2025 Despite Inflation Slowdown – World Bank…
Nigeria’s poverty rate climbed to 63% in 2025, even as inflation showed signs of easing, according to a new World…
Kenya Central Bank Holds Interest Rate at 8.75% Amid Iran Conflict Uncertainty
Kenya’s Central Bank has decided to maintain its benchmark interest rate at 8.75%, pausing nearly two years of…
Rising Oil Prices Hit Nigerians Hard as Post-Subsidy Economy Faces Test
Nigeria is feeling the full impact of rising global oil prices, with no fuel subsidy to soften the blow. Since the…
South Africa Holds Interest Rate at 6.75% Amid Rising Inflation Risks from Iran…
South Africa’s central bank has decided to maintain its policy rate at 6.75%, signaling caution as global energy…
CBN Targets 6–9% Inflation Amid Global Risks: Strengthens Monetary Policy…
The Central Bank of Nigeria (CBN) has announced a medium-term inflation target of 6–9 per cent as part of its shift…
Nigeria’s Inflation Relief at Risk as Global Energy Shocks Threaten Prices
Nigeria’s headline inflation dipped slightly to 15.06% year-on-year in February 2026, down from 15.10% in January,…
Middle East Crisis Could Push Nigeria’s Inflation to 16% – Afrinvest Analysts
Analysts at Afrinvest West Africa have cautioned that Nigeria’s recent progress in taming inflation could be…
Nigerians Struggle with Rising Costs Despite Banks Raising Savings Rates
Several Nigerian banks have increased their savings interest rates following recent changes to the Central Bank of…
Nigeria Food Inflation Rises to 12.12% as Soaring Input Costs Hit Households
Nigeria’s food inflation climbed to 12.12 percent in February 2026, marking a sharp return to double-digit levels…
Nigeria’s Inflation Expected to Slow in February as Food Supply Improves –…
Analysts at Financial Derivatives Company (FDC) have projected a further slowdown in Nigeria’s inflation in…
Nigerian Companies Report N19.81 Trillion Operating Expenses Amid Inflation and FX…
Despite a gradual decline in Nigeria’s inflation rate to 15.51% and relative stability in the foreign exchange…
Kenya’s Financial System Liquidity Hits Record KSh6 Trillion, Driven by Banking…
Kenya’s financial system has hit a historic milestone, with total liquidity surpassing KSh6 trillion for the first…
Ghana’s Economy Shows Signs of Recovery as Cedi Stabilizes and Inflation Falls –…
Ghana’s economy is showing clear signs of recovery after a challenging period of high inflation and currency…
Iran War Threatens Nigeria’s Economic Recovery: The Fragility of Tinubunomics
As the war between the United States, Israel, and Iran intensifies thousands of kilometres away, Nigeria is already…
U.S. Dollar Surges Amid Middle East Tensions: Poised for Biggest Weekly Gain in a…
The U.S. dollar held steady in early Asian trading on Friday, buoyed by escalating tensions in the Middle East that…
FG Sets Ambitious Goal: Manufacturing to Contribute 25% to Nigeria’s GDP by 2035
The federal government has unveiled a bold plan to significantly expand Nigeria’s manufacturing sector, targeting a…
Nigeria’s Economy Set to Grow 5.5% in 2026 as Inflation Falls to 6%
Nigeria is poised for stronger economic growth in 2026, with analysts projecting a full-year GDP increase of 5.55%…
Why the Naira Is Gaining Strength: Understanding the Link Between Bitcoin and…
The Nigerian Naira is showing signs of recovery after years of volatility, with the currency trading around N1,340…
Naira Depreciates to N1,340/$ as Parallel Market Hits N1,400/$ Amid Dollar…
The Nigerian naira recorded a marginal depreciation on Wednesday, trading at N1,340/$ at the official market, down…
Nigeria’s Inflation Drops to 15% as Naira Stability Strengthens Investor…
Nigeria’s inflation rate plunged to 15.10% in January 2026, marking a significant improvement from 27.61% in…
Nigeria Food Inflation Falls to 14-Year Low at 8.89% as Price Pressures Ease
Nigeria’s food inflation rate has dropped to its lowest level in more than 14 years, offering a rare moment of…