Real Time Financial News Website
Nigeria entered 2026 on a relatively strong footing, buoyed by a recovering naira, easing inflationary pressures and stronger economic growth than the previous year. However, as the first half of…
U.S. Treasury yields moved slightly higher on Thursday as investors turned their attention to a crucial inflation report expected to provide fresh insight into the health of the American economy.…
Five Nigerian states have collectively taken a significant share of the country’s value-added tax (VAT) revenue, receiving N87 billion in April 2026 alone—about 21.2 per cent of the total amount…
U.S. stock futures slipped early Monday as investors reacted cautiously to fresh progress in Iran peace negotiations while bracing for a key inflation report that could shape the Federal Reserve’s…
Nigeria’s foreign exchange reserves have crossed a major psychological milestone, rising above $50 billion after gaining more than $1.01 billion in just two weeks. The latest figures from the Central…
Nigeria’s inflationary pressure continued its steady climb in May 2026, with the headline inflation rate rising to 15.93%, according to the latest data from the National Bureau of Statistics (NBS).…
Nigeria recorded a strong external trade performance in the first quarter of 2026, posting a trade surplus of ₦7.55 trillion, according to data from the National Bureau of Statistics. Total…
The Federal Government of Nigeria has welcomed the latest assessment from the International Monetary Fund, describing it as strong validation of its ongoing economic reform agenda. The government says the…
The International Monetary Fund (IMF) has once again expressed support for Nigeria’s ongoing economic reforms, acknowledging that the country is making progress toward greater macroeconomic stability and improved growth prospects.…
Nigeria’s debt market is seeing a sharp shift as the Debt Management Office (DMO) has expanded its Nigerian Treasury Bills (NTB) issuance programme for the second quarter of 2026. The…
The International Monetary Fund (IMF) has issued a strong warning to governments worldwide, advising them to avoid sweeping subsidies, fuel price controls, and tax cuts as responses to rising food…
Nigeria’s economy recorded a 3.89% year-on-year growth in the first quarter of 2026, but fresh analysis from investment research firm MoneyAfrica suggests the improvement is still not strong enough to…
Nigeria’s economy is showing clearer signs of stability in 2026, with stronger macroeconomic indicators compared to the previous year. After two years of painful reforms, the country is gradually moving…
Nigeria’s external reserves have climbed to $49.26 billion, marking a four-month high and edging closer to the symbolic $50 billion threshold. The increase reflects steady foreign currency inflows, improved market…
The Centre for the Promotion of Private Enterprise (CPPE) says President Bola Tinubu’s first three years in office have largely succeeded in restoring macroeconomic stability, even though many Nigerians are…
Nigeria is entering a new phase of its economic journey, moving from painful reforms into a period of expected growth, according to the Minister of Finance and Coordinating Minister of…
Nigeria’s foreign exchange market showed signs of renewed stability in April 2026, with the naira appreciating by N19.67 against the United States dollar. According to market data, the local currency…
Nigeria’s economy began 2026 on a stronger footing, with the country’s Gross Domestic Product (GDP) expanding by 3.89% year-on-year in the first quarter, according to the latest figures released by…
Nigeria’s economic reform drive has earned fresh global recognition after ratings agency S&P Global Ratings upgraded the country’s sovereign credit rating from “B-” to “B,” citing stronger fiscal management, improved…
Nigeria’s monetary policy outlook is set for a cautious stance as the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) begins its two-day meeting on Monday. Analysts widely expect…
Nigeria inflation rises to 15.69% in April 2026, according to the latest Consumer Price Index report released by the National Bureau of Statistics (NBS). The figure shows a slight increase…
Zambia Continues Easing Cycle with Third Rate Cut Zambia’s central bank has lowered its benchmark interest rate to 13.25% from 13.5%, marking the third consecutive rate cut as inflationary pressures…
Nigeria’s foreign exchange market underwent a major structural shift in 2025, as total FX inflows climbed to $112.27 billion, with autonomous sources—private capital flows outside Central Bank control—emerging as the…
Nigeria’s inflation outlook is once again turning upward, as the Financial Market Dealers Association (FMDA) projects that headline inflation will climb to 16.42% year-on-year in April 2026. The report points…
President Bola Ahmed Tinubu has revealed that Nigeria is projected to spend a staggering $11.6 billion on debt servicing in 2026, marking a sharp increase from the $5.21 billion recorded…
Nigeria’s inflation rate is expected to climb to 16 percent in April 2026, up from 15.38 percent recorded in March, according to analysts at the Financial Derivatives Company (FDC). The…
The Nigerian Economic Summit Group (NESG) has raised fresh concerns over Nigeria’s fiscal health, warning that the country remains exposed to a high debt risk environment despite short-term improvements in…
The naira recorded a mild depreciation on Monday, closing at N1,375 per dollar in the official foreign exchange market. The drop reflects renewed pressure on emerging market currencies as global…
The Central Bank of Nigeria (CBN) has called on state governments to play a stronger role in supporting the country’s shift toward an inflation-targeting monetary policy framework. The apex bank…
The Central Bank of Nigeria (CBN) has called on state governments to reduce their dependence on overdrafts and short-term borrowing, warning that unchecked fiscal behaviour at the sub-national level could…