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Macroeconomic
Nigeria’s Dollar GDP Rises 22% to $307bn in 2025 Amid Naira Gains and Economic…
Nigeria’s economy recorded a significant milestone in 2025 as its dollar-denominated gross domestic product…
Cooking Gas Prices in Nigeria Rise as 5kg Hits N7,655 Amid March 2026 Inflation…
Cooking gas prices in Nigeria recorded another sharp increase in March 2026, placing additional pressure on…
Nigeria records surge in foreign currency tax receipts to N6.33 trillion
Nigeria recorded a significant rise in foreign currency-denominated tax collections in 2025, as total receipts…
Foreign Currency Tax Revenue Hits N6.33tn as Naira Volatility Reshapes Nigeria’s…
Nigeria’s tax system saw a major shift in 2025 as foreign currency-denominated tax receipts climbed to N6.33tn,…
CBN Pushes for Single-Digit Inflation Target Amid Global Shocks as Nigeria Defends…
Nigeria’s economic managers are standing firm on their long-term goal of achieving single-digit inflation, even as…
Shell Invests $16.4 Billion in ARC Resources Deal to Boost Canadian Gas and LNG…
Shell is making a massive long-term bet on natural gas with a $16.4 billion agreement to acquire Canada’s ARC…
Nigeria Food Prices Surge Despite N7.65 Trillion Imports and Government…
Food prices in Nigeria continue to climb, even as the Federal Government ramps up spending on interventions and…
Iran–Israel Conflict Exposes Nigeria’s Weak Economic Shock Response Toolkit as Oil…
Security, economic, and policy analysts have warned that the ongoing Iran–Israel–US conflict is exposing serious…
Nigeria Inflation Set to Rise After March Spike as Oil Shocks and Supply Pressures…
Nigeria’s inflation is expected to keep rising in the coming months following a sharp increase recorded in March…
Nigeria’s Terms of Trade Rise Marginally by 0.01% in Q4 2025 as Exports Edge Up
Nigeria recorded a marginal improvement in its all-commodity terms of trade (ToT), which rose by 0.01 per cent in…
Over 20 Million People at Risk of Food Insecurity in Sub-Saharan Africa Amid…
The International Monetary Fund (IMF) has raised alarm over worsening food security in Sub-Saharan Africa,…
Nigeria Inflation Rises to 15.38% in March 2026 as Monthly Price Pressures Surge
Nigeria’s inflation rate climbed to 15.38% in March 2026, signaling a fresh wave of price pressures across the…
Nigeria Inflation Set to Rise as Iran War Drives Fuel and Food Costs Higher
Nigeria’s inflation rate is projected to rise in March 2026, signaling an end to nearly a year of easing price…
Nigeria’s silent currency redenomination
Nigeria is undergoing what economists describe as a “silent currency redenomination,” not through…
Inflation Risks, Liquidity Spur Mixed Signals in Fixed Income Market
In Nigeria, the fixed income market delivered a mixed performance in March 2026, as investors weighed easing…
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,…