Nigeria’s Economy Expands 3.9% in H1 2025 as World Bank Forecasts 4.4% Growth — But Living Standards Lag Behind
Nigeria’s economy recorded a robust 3.9% growth in the first half of 2025, signaling the positive effects of President Bola…
Category: Macroeconomic
FG, NESG Reaffirm Partnership for Inclusive Growth and Job Creation
The Federal Government of Nigeria and the Nigerian Economic Summit Group (NESG) have renewed their joint commitment to ensuring that…
World Bank: Nigeria’s Economic Reforms Stabilised Economy but Deepened Poverty, 139 Million Now Living in Poverty
The World Bank has commended Nigeria for stabilising its economy through recent reforms, but warned that the benefits have yet…
FG Ends Revenue Collection Deductions to Boost Transparency and Fiscal Efficiency
In a major step toward fiscal reform, the Federal Government has scrapped the long-standing deductions made for revenue collection by…
Nigeria’s PMI Hits 54.0 in September 2025, Signaling 10th Month of Economic Growth
Nigeria’s economy continued its steady recovery in September 2025, with the Purchasing Managers’ Index (PMI) climbing to 54.0 points, up…
139 Million Nigerians Still in Poverty Despite Government Reforms – World Bank Report
Despite significant economic reforms in recent years, an estimated 139 million Nigerians are still living in poverty in 2025, the…
Nigeria’s Debt-to-GDP Projected to Fall to 39.8% in 2025 Amid Strong Growth and Naira Stability
For the first time in more than a decade, Nigeria’s debt burden is expected to ease significantly as the country’s…
World Bank Raises Ghana’s 2025 Growth Outlook to 4.3%, Signaling Stronger Economic Recovery
The World Bank has upgraded Ghana’s 2025 economic growth forecast to 4.3%, up from its earlier estimate of 3.9%, reflecting…
CBN Reaffirms Commitment to Price and Monetary Stability, Says Policies Are Delivering Results
The Central Bank of Nigeria (CBN) has restated its commitment to restoring and maintaining price and monetary stability across the…
Tinubu Seeks Lawmakers’ Approval to Raise $2.8 Billion from Global Capital Markets, Refinance Eurobonds
President Bola Tinubu has formally asked the National Assembly to approve Nigeria’s plan to raise $2.847 billion from the international…
Nigeria Set to Receive $500 Million AfDB Loan by Year-End to Support Economic Reforms
Nigeria is expected to receive a fresh $500 million loan from the African Development Bank (AfDB) before the end of…
Tinubu Orders Review of 2026 Hajj Fares as Naira Strengthens; Shettima Directs NAHCON to Reduce Costs Within 48 Hours
President Bola Ahmed Tinubu has ordered an immediate review of the 2026 Hajj fares to reflect the current appreciation of…
Nigeria Hosts Africa Agriculture Dialogue 2025 to Unlock Financing for Food Security and Growth
Nigeria is set to host the Africa Agriculture Dialogue (AAD) 2025 in Abuja on October 7–8, bringing together key stakeholders…
NNPC Blames Cooking Gas Price Hike on PENGASSAN Strike Disruption
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has attributed the recent…
Ghana’s Economy Shows Strong Gains, but Borrowing Costs Remain High — Kyei-Mensah-Bonsu Warns
Former Majority Leader Osei Kyei-Mensah-Bonsu has praised the Ghanaian government for recent improvements in the country’s economic performance, describing the…
Private Sector Pensions Rise as Job Adverts Fall in Ghana: Insights from SSNIT and BoG Reports
Ghana’s formal private sector saw a slight increase in pension contributions, signaling gradual growth in formal employment. According to the…
Ghana Nears $360M IMF Disbursement as Fifth Review Enters Final Stage
Ghana’s fifth review under the International Monetary Fund (IMF) Extended Credit Facility (ECF) has entered its critical final stage, with…
Naira Strengthens as CBN Reforms Boost Confidence, Cut Speculation in FX Market
Nigeria’s naira is making one of its strongest comebacks in recent years, lifted by decisive Central Bank of Nigeria (CBN)…
Investor Panic as Nigeria’s 25% Capital Gains Tax on Equities Sparks Fears of Capital Flight
Nigeria’s capital market is reeling from fresh anxiety following confirmation that a 25% Capital Gains Tax (CGT) on share disposals…
PenCom’s N20bn Recapitalisation May Stifle Growth of PFAs, PFCs – Renaissance Capital Warns
Nigeria’s pension industry faces a major shake-up following the National Pension Commission’s (PenCom) new recapitalisation directive, which has raised the…
Nigeria’s Money Supply Hits N119.52 Trillion as Government Borrowing Falls 25.7% in August 2025
Nigeria’s financial landscape shifted notably in August 2025 as the country’s broad money supply (M3) rose to N119.52 trillion, even…
Asian Stocks Rally on Fed Rate Cut Hopes, AI Boom and Safe-Haven Gold Demand
Asian stock markets are on track for solid weekly gains as investors bet on a near-term interest rate cut by…
IMF Endorses Ghana’s Fiscal Reforms, Urges Discipline Beyond 2026 Program Exit
The International Monetary Fund (IMF) has expressed confidence in Ghana’s economic reforms, assuring that the country is well positioned to…
Ghana Inflation Falls to 9.4%, Economist Warns Against “Overstretching” the Fight
Ghana has recorded its first single-digit inflation in four years, as headline consumer prices slowed to 9.4% in September 2025,…
Experts Say NIIRA 2025 Will Boost Economic Growth, Strengthen Insurance Sector in Nigeria
The recently enacted Nigeria Insurance Industry Reform Act (NIIRA) 2025 has been described by industry leaders as a game-changer that…
Ghana Inflation Falls to 9.4% in September, First Single-Digit Rate in Four Years
Ghana’s inflation rate has finally dropped into single digits for the first time in four years, marking a major relief…
Nigeria Spends $2.86bn on Debt Servicing in Eight Months, CBN Data Reveals
Nigeria has spent a staggering $2.86 billion servicing external debt between January and August 2025, according to new figures from…
Abuja Food Prices Drop in September: Rice, Beans, and Tomatoes Become Cheaper as Harvest Season Eases Inflation
Food prices in Abuja showed mixed trends in September 2025, with some staples becoming more affordable for households while others…
Nigeria at 65: Tinubu’s Reforms Show Stability but Nigerians Still Struggle – Experts
As Nigeria marked its 65th Independence anniversary, President Bola Tinubu showcased what he called “remarkable milestones” from two years of…
European Markets Dip Amid U.S. Tariff Concerns and Political Uncertainty
European markets opened lower on Tuesday as investors closely monitored U.S. trade policies and political developments, raising concerns over global…