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Macroeconomic
CBN Orders Banks to Secure MD/CEO Successor Approval Six Months Ahead to…
The Central Bank of Nigeria (CBN) has issued a new directive compelling Domestic Systemically Important Banks…
Ghana’s Public Debt Climbs to GH¢628.8 Billion in July 2025 Amid Currency Swings
Ghana’s public debt rose sharply by GH¢15.8 billion in July 2025, bringing the total to GH¢628.8 billion (about…
Dollar Weakens, Gold Hits Record High as Markets Await Fed Rate Decision
Global markets steadied on Wednesday as investors braced for a widely expected interest rate cut from the U.S.…
Experts Question Presidency’s Claim That Nigeria’s Inflation Will Drop to Single…
The Presidency has assured Nigerians that the nation’s inflation rate is on track to fall into single digits, a…
Naira appreciates to N1,497/$ at official market — first time since March
The naira appreciated to N1,497.46 per dollar at the official foreign exchange (FX) market on Monday.
The…
Naira Strengthens Below ₦1,500/$ Amid Rising FX Inflows and Growing Reserves
Nigeria’s naira on Monday posted a significant recovery against the United States dollar, trading below the…
Africa Loses $200 Billion Annually to Poor Sanitation — World Bank Urges Urgent…
The World Bank has sounded the alarm on the growing sanitation crisis, revealing that Africa loses an estimated…
Nigerian Banks Hold Record Excess Cash as System Liquidity Climbs to ₦2.1 Trillion
Nigerian banks are awash with cash as system liquidity hit a record ₦2.1 trillion last week, reflecting reduced…
Nigeria’s External Reserves Surge 12% to $41.66 Billion Amid Naira Gains and…
Nigeria’s external reserves have recorded a strong rebound, rising by 12 per cent in just three months to hit…
Nigeria’s August Inflation Slowdown Sparks Calls for CBN to Cut Interest Rates
Nigeria’s inflation rate eased again in August 2025, extending its months-long slowdown and stirring debate among…
Nigeria’s Inflation Drops to 20.12% in August 2025 as Food Prices Ease – NBS…
Nigeria’s headline inflation slowed for the fifth consecutive month in August 2025, dropping to 20.12% from 21.88%…
Asia Stocks Hit Four-Year Highs as Dollar Slips; Investors Await Fed Rate Cut…
Asian equities surged to multi-year highs on Tuesday while the U.S. dollar weakened, as global investors…
Nigeria Suspends Controversial 4% Import Duty Levy to Ease Trade Pressure
The Federal Government has suspended the controversial four per cent Free on Board (FOB) import duty levy recently…
US Cuts Nigerian Imports by 41% in July Amid Rising Tariffs, Raising Concerns for…
The United States sharply reduced its imports of Nigerian goods by more than 40% in July 2025, signaling a…
Orsted Shares Plunge 5.5% After Deeply Discounted $9.4B Capital Raise; European…
European stocks opened the week with modest gains on Monday as investors awaited the U.S. Federal Reserve’s highly…
Nigeria’s Trade Surplus Jumps 44% in Q2 2025 as Non-Oil Exports and Manufactured…
Nigeria’s trade surplus soared by 44.3% in the second quarter of 2025, reaching N7.46 trillion, up from N5.17…
Nigeria’s Forex Market Stabilizes as IMTO Diversions Ease, Oil Dollar Inflows Rise
Nigeria’s foreign exchange market is seeing a rare moment of calm as licensed currency traders report that…
South Korea’s Top Trade Envoy Heads to U.S. for Stalled Tariff Talks Amid $350…
South Korea’s chief trade negotiator, Yeo Han-koo, left Seoul on Monday for Washington as Seoul and Washington…
Nigeria Needs 21.9% Annual Growth to Hit $1 Trillion Economy by 2031 — Afrinvest…
Nigeria would need to achieve an annual economic growth rate of at least 21.9 percent at an exchange rate of…
South Korea’s Kospi Index Hits Record High After Government Scraps Stock Tax Hike…
South Korea’s benchmark Kospi index soared to a record high of 3,420.23 in early Monday trade, marking its 10th…
Cedi Depreciation Sparks Debate Over Bank of Ghana’s Currency Support, Ahiagbah…
The Ghanaian cedi’s sharp decline in recent weeks has reignited debate over how the currency was previously…
Nigeria’s Inflation Expected to Ease Further as FX Stability and Harvest Season…
Nigeria’s inflation may continue its downward trajectory in August 2025, driven by a more stable foreign exchange…
U.S. Treasury Yields Rise as Inflation Surges and Jobless Claims Climb Ahead of…
U.S. Treasury yields edged higher Friday morning as investors digested a mix of rising inflation and…
Ghana Banks Introduce 5% Forex Withdrawal Fee Under New BoG Guidelines
Ghanaian commercial banks have begun applying a 5% fee on foreign exchange withdrawals, following the latest…
Stable Naira and Cleared FX Backlog Boost Investor Confidence in Nigeria’s Economy
Nigeria’s economic outlook is brightening as bold monetary reforms by the Central Bank of Nigeria (CBN) stabilise…
IMF Forecasts Ghana’s Public Debt to Fall to 60% of GDP by End-2025 Amid Debt…
Ghana’s public debt is projected to drop sharply to about 60% of Gross Domestic Product (GDP) by the end of 2025,…
Germany, EU, and Nigeria Launch €18.3m Project to Transform Agriculture and Create…
The Federal Government of Nigeria, in partnership with Germany and the European Union, has officially launched the…
Nigeria Must Grow GDP by 22% and Stabilise FX to Achieve $1 Trillion Economy by…
Nigeria will need to sustain an annual GDP growth rate of about 22 per cent and maintain a stable exchange rate of…
Naira Strengthens Below ₦1,500/$ for First Time Since March as Economic Reforms…
The Nigerian naira continued its winning streak mid-week, breaking through the symbolic ₦1,500/$ barrier in the…
Tinubu Orders Tight Oversight of Digital Currencies as Nigeria Leads Africa in…
President Bola Tinubu has instructed Nigeria’s financial and capital market regulators to step up oversight of…