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Macroeconomic
BoG Enforces New Forex Rules: Importers, Exporters Urged to Use Credit Cards for…
The Importers and Exporters Association of Ghana has urged its members to adopt credit or Visa cards for…
Trump’s 50% Tariffs on Indian Goods Take Effect, Escalating U.S.-India Trade…
U.S. President Donald Trump’s decision to double tariffs on Indian goods to as high as 50% officially took effect…
Ghana Launches New Financing Frameworks to Boost Cocoa, Oil Palm, and Strategic…
Ghana has initiated a major step to strengthen agricultural financing by setting up three Technical Committees to…
Tinubu Commends Nigeria’s Capital Market Growth, Vows More Reforms During Brazil…
President Bola Tinubu has lauded the significant growth of Nigeria’s capital market, attributing the surge in…
Naira Falls to N1,550/$ in Parallel Market as FX Gap Widens
The Naira weakened further on Tuesday, sliding to N1,550 per dollar in the parallel market, down from N1,540…
Nigeria, Brazil Sign Strategic MoU on Science and Technology to Drive Jobs and…
Nigeria and Brazil have entered a landmark Memorandum of Understanding (MoU) to strengthen cooperation in Science,…
Nigeria’s Industrialisation at Risk as Manufacturing, Agriculture Sectors Decline…
Nigeria’s path to industrialisation faces growing threats as manufacturing and agriculture sectors continue to…
13% Derivation Fund Helps Oil-Producing States Slash Domestic Debt by N611bn…
Oil-producing states in Nigeria have cut their combined domestic debt by about N610.84bn between June 2023 and…
Nigeria’s Oil Production Hits Six-Month High at 1.5m bpd, Surpasses OPEC Quota…
Nigeria’s crude oil production climbed to its highest level in six months in July, marking a strong rebound after…
Tinubu Secures Petrobras’ Return to Nigeria, Signs Landmark Nigeria–Brazil Trade…
President Bola Tinubu has announced the imminent return of Brazil’s state-owned oil giant Petrobras to Nigeria,…
U.S. Trade Surplus with Nigeria Hits $576 Million in 2025 Amid Rising Tariffs
The United States recorded a $576 million trade surplus with Nigeria in the first half of 2025, reversing a $779…
Naira to Gain Temporary Boost as U.S. Plans Interest Rate Cuts
The naira could experience a short-term appreciation against the U.S. dollar as the Federal Reserve signals…
Nigeria’s Financial Markets Show Resilience Amid Global Economic Uncertainty
Nigeria’s economy expanded by 3.13% in Q1 2025, surpassing last year’s 2.27% but falling short of the 4.9%…
Ghana Pays GH¢9.7bn DDEP Coupon to Restore Investor Confidence Ahead of Bond…
Ghana’s government has settled GH¢9.7 billion in coupon arrears under the Domestic Debt Exchange Programme (DDEP),…
Nigeria’s GDP to Grow 3.2%-3.9% in Q2 2025 on Rebasing, FX Stability, and Stronger…
Nigeria’s economy is on track to post faster growth in the second quarter of 2025, with analysts projecting real…
U.S. Treasury Yields Edge Higher as Investors Await Inflation Data
U.S. Treasury yields ticked higher on Monday as investors assessed Federal Reserve Chair Jerome Powell’s recent…
German Economy Shrinks 0.3% in Q2 as U.S. Tariffs Hit Exports, Growth Outlook…
Germany’s economy contracted by 0.3% in the second quarter of 2025, according to revised data from the Federal…
Edun, Cardoso Meet to Align Fiscal and Monetary Policies, Boost Investor…
Nigeria’s Finance Minister Wale Edun and Central Bank Governor Olayemi Cardoso met in Abuja on Wednesday to…
Non-Bank Corporates Drive 24% Surge in Nigeria’s FX Inflows as Dollar Bond Hits…
Nigeria recorded a significant boost in foreign exchange inflows in July 2025, climbing 24% to $1.7 billion,…
FG Fails to Publish Budget Implementation Reports for Nearly a Year, Raising…
The Nigerian government has not released any quarterly Budget Implementation Reports (BIRs) in nearly a year,…
Nigeria GDP Rebasing Highlights Non-Oil Growth, Real Estate Overtakes Oil in…
Nigeria’s latest Gross Domestic Product (GDP) rebasing has revealed a major shift in the country’s growth…
Bank of Ghana Bans Unsupported Dollar Payouts to Corporates to Stabilize Forex…
The Bank of Ghana (BoG) has issued a new directive prohibiting banks from allowing large corporates to withdraw…
Nigerian Banks to Raise Extra N900bn in 2025 as Recapitalisation Deadline Nears
Nigerian banks are expected to raise an additional N900 billion in fresh capital by the end of 2025, as…
Nigeria’s Corporate FX Inflows Surge to $1.2bn in July, Boosting Dollar Liquidity
Nigeria recorded a significant rise in foreign exchange (FX) inflows from corporates in July 2025, providing some…
Edun, Cardoso Vow Stronger Fiscal and Monetary Policy Alignment to Boost Nigeria’s…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Governor of the Central…
Asian Markets Mixed as Japanese Exports Hit 4-Year Low, Investors Await Fed Rate…
Asian stock markets closed mixed on Wednesday as Japan reported its steepest drop in exports in more than four…
Asia Markets Slide as Japan Exports Record Steepest Drop in Four Years
Asian stock markets closed mostly lower on Wednesday, mirroring Wall Street’s overnight declines as investors…
Tinubu Abolishes 5% Telecom Excise Duty to Reduce Subscriber Costs and Boost…
President Bola Tinubu has officially abolished the five per cent excise duty on telecommunications services as…
Bitcoin Price Falls Below $113K as Inflation Worries and Tech Sell-Off Weigh on…
Bitcoin slipped under $113,000 in mid-week trading, pressured by profit-taking, U.S. inflation concerns, and a…
European Stocks Slip as Tech Selloff and Inflation Concerns Pressure Markets
European share markets fell on Wednesday, weighed down by a global technology selloff and renewed worries over…