European Markets Open Higher as Lufthansa Cuts 4,000 Jobs, Spain’s Inflation Rises
European stock markets started the week on a positive note on Monday, shrugging off worries about a possible U.S. government…
Category: Macroeconomic
Experts Rank Nigeria Among World’s Poorest in Trade and Property Rights, Call for Urgent Reforms
Nigeria’s trade and investment environment is under fresh scrutiny as experts warn that the country’s restrictive policies and weak legal…
Nigeria Clarifies 25% Capital Gains Tax on Share Sales Reinvested in Fixed Income Assets
The Federal Government has provided fresh clarity on how its newly introduced 25% Capital Gains Tax (CGT) on share disposals…
World Bank Cautions Ghana on Early Eurobond Market Return, Urges Focus on Reforms
The World Bank has strongly advised Ghana’s government against rushing back to the Eurobond market, warning that such a move…
Cooking Gas Prices Drop: Average 5kg Cylinder Now Costs ₦6,404 in August 2025 – NBS Report
Nigerians are finally getting some relief at the cooking gas pump as prices dropped sharply in August 2025. According to…
Mahama Calls for Reset of Global Financial System to Empower Africa at UN Assembly
Ghanaian President John Dramani Mahama has urged for a major overhaul of the global financial system, insisting that Africa needs…
Ghana and UK Strengthen Trade Ties: Focus on Agribusiness, Investment, and Infrastructure
Ghana is taking a bold step to boost trade relations with the United Kingdom, following a high-level meeting between Sampson…
Citi Projects Naira to Weaken to ₦1,700/$ by 2026 as CBN Cuts Rates and Oil Prices Fall
The Nigerian naira, which has shown surprising stability throughout 2025, may lose some of its strength next year, according to…
Dollar Holds Firm as Markets Eye U.S. Spending Data and Fed Rate Path Amid New Tariffs
The U.S. dollar held steady near multi-week highs on Friday as stronger-than-expected economic data dampened expectations for further monetary easing…
World Bank Urges Ghana to Favour Concessional Loans Over Costly Domestic Borrowing
The World Bank has advised Ghana’s government to prioritise concessional loans from international lenders over high-interest domestic borrowing to finance…
Ghana Signs $256 Million Debt Restructuring Deal with UK, Unlocking Key Infrastructure Projects
Ghana has taken a major step toward economic recovery by signing a $256 million bilateral debt restructuring agreement with the…
Nigeria Reaches 2 Million Barrels per Day capacity Crude Oil Production Amid Efforts to Curb Theft – NUPRC
Nigeria has now reached a production capacity of 2 million crude oil barrels per day (bpd), the Nigerian Upstream Petroleum…
World Bank Urges Bold Reforms to Drive Ghana’s Generational Economic Transformation
The World Bank has called on Ghana to implement urgent economic reforms to secure long-term growth and create more jobs,…
CBN Cuts MPR to 27%: Experts Praise Move, SMEs Struggle with High Borrowing Costs
The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR) by 50 basis points, bringing it down…
U.S. Treasury Yields Rise Amid Stronger Home Sales and Looming Government Shutdown
U.S. Treasury yields climbed on Wednesday as investors monitored upcoming economic data and weighed the risk of a federal government…
Asian Stocks Pause Amid Yen Weakness, Oil Slips as Investors Await Fed Signals
Asian stock markets took a breather on Thursday after a strong rally in recent weeks, as investors searched for new…
Naira Abuse Drives Up Printing Costs: CBN Launches Nationwide “Handle with Care” Campaign
The Central Bank of Nigeria (CBN) has sounded the alarm over the rising costs of printing and replacing naira notes,…
Nigeria’s Finance and Insurance Sector Soars 16.13% in Q2 2025, Driving GDP Growth
Nigeria’s finance and insurance sector experienced a remarkable growth of 16.13% in real terms during the second quarter of 2025,…
Bank of Ghana Cuts Policy Rate to 21.5% as Inflation Eases, MPC Minutes Reveal
The Bank of Ghana has reduced its key lending rate to 21.5 percent, following a 350-basis-point cut approved by four…
CBN Cuts MPR to 27% After Five Years as Inflation Eases, Banks Meet New Capital Targets
The Central Bank of Nigeria (CBN) has cut its benchmark Monetary Policy Rate (MPR) to 27 percent, the first time…
Nigeria’s 2025 GDP Growth Hinges on Fiscal Discipline, Reforms and Dangote Refinery Impact – Afreximbank’s Yemi Kale
Nigeria’s 2025 growth outlook will only materialise if policymakers maintain fiscal discipline and stay the course on reforms, Dr. Yemi…
CBN Cuts Interest Rate to 27% as OPS Seeks Real Credit Relief for Businesses
The Central Bank of Nigeria (CBN) has lowered its benchmark interest rate to 27 per cent, marking its first cut…
European Stocks Dip as Powell Flags High Valuations; Defense Shares Rally on Trump’s Ukraine Comments
European markets slipped on Wednesday morning as investors digested a warning from U.S. Federal Reserve Chair Jerome Powell about inflated…
CBN MPC Meets to Decide Nigeria’s Interest Rates Amid Easing Inflation and Rising Growth Prospects
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) is meeting this week to decide on the nation’s benchmark…
Nigeria’s Finance and Insurance Sector Surges 16.13% in Q2 2025, Strengthening GDP Growth
Nigeria’s Finance and Insurance sector recorded a real growth of 16.13% in the second quarter of 2025, according to new…
Nigeria’s Foreign Reserves Surge to $42bn – Six-Year High Boosts Naira Stability and Investor Confidence
Nigeria’s external reserves have soared past the $42 billion mark for the first time since September 2019, hitting a six-year…
Nigeria’s GDP Surges 4.32% in Q2 2025 as Oil and Non-Oil Sectors Drive Growth
Nigeria’s economy has demonstrated strong resilience in the second quarter of 2025, with Gross Domestic Product (GDP) growing by 4.32%…
CBN MPC Meeting: Slowing Inflation Sparks Mixed Rate-Cut Expectations Among Economists
Nigeria’s slowing inflation has created a divide among economists as the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC)…
U.S. Inflation Data to Test Fed’s Rate Cut as Markets Eye Friday Report
All eyes are on Washington this week as the Federal Reserve braces for new inflation data that could determine whether…
Falling Inflation Sparks Rate-Cut Speculation as CBN’s MPC Meets in Abuja
Nigeria’s steadily easing inflation is fuelling expectations that the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) may finally…