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Macroeconomic
U.S. Treasury Yields Hold Steady as Investors Await Key Inflation Data
U.S. Treasury yields were little changed on Monday as markets turned their attention to crucial inflation data…
Nigerian Businesses Struggle as Loan Interest Rates Soar to 36%
Nigerian businesses are reeling under crushing loan costs, with commercial bank interest rates now ranging between…
Naira Strengthens to ₦1,514/$, Hits Five-Month High on Strong Dollar Inflows
The Nigerian naira ended last week on a strong note, trading at ₦1,514.86 to the US dollar at the official window,…
Nigeria’s Banks Face Pressure as N3 Trillion Liquidity Surge Tests CBN’s Inflation…
Nigeria’s banking sector is swimming in cash, but analysts warn that the flood of liquidity may do more harm than…
Standard Bank Revises Naira Forecast, Predicts N1,585.5/$1 by End of 2025 Amid…
Standard Bank has revised its outlook on the Nigerian naira, projecting that the currency will close 2025 at…
Edun Pushes National Single Window to Boost Trade, Revenue, and Economic Stability
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed the Federal…
Asia Markets Climb as Fed Signals Rate Cuts, But China Stocks Slide
Asian markets bounced on Thursday, lifted by dovish comments from U.S. Federal Reserve officials and optimism…
Nigeria’s Non-Oil Revenue Soars 40% to N20.6tn in 2025, Presidency Hails Fiscal…
Nigeria’s Presidency has announced a significant boost in non-oil revenues, reporting a 40.5 percent rise to N20.6…
CBN FX Reforms Boost Yuan-Naira Trade as Naira Gains Stability
The Central Bank of Nigeria’s recent foreign exchange reforms are strengthening confidence in the naira and…
Naira-Yuan Swap Boosts Naira Stability, Promises Cheaper Imports from China
Nigeria’s currency, the naira, is gaining renewed strength as experts highlight the benefits of the Naira-Yuan…
Nigeria’s Business Confidence Index Climbs to 107.3 Despite Financing and…
Nigeria’s business environment showed modest improvement in August 2025, with the Current Business Performance…
UK Partners with AGRA in £5m Deal to Boost African Food Security and Trade
The United Kingdom has committed £5 million to support agricultural trade and food security in Africa through a…
Nigeria Faces Remittance Pressure as UK Interest Rates Hit 27-Year High, Pound…
Nigeria’s remittance lifeline from the United Kingdom is coming under pressure as borrowing costs in Britain surge…
GNCCI Urges Government to Stabilize Exchange Rate to Boost Trade and Revenue in…
The Ghana National Chamber of Commerce and Industry (GNCCI) has emphasized the urgent need for government…
British Pound Slides 0.9% Amid U.K. Fiscal Concerns, European Markets Weaken
The British Pound fell sharply on Tuesday, sliding 0.9% against the U.S. dollar as investors grew increasingly…
World Bank drives more budget allocations to critical sectors
Nigeria has leveraged the World Bank’s Programme-for-Results (PforR) to increase funding and budget allocations to…
Trump Slams India-U.S. Trade Ties as ‘One-Sided Disaster’ After Modi’s Visit to…
U.S. President Donald Trump has sharply criticized India over trade relations, calling the partnership “a totally…
Nigeria Economic Society Pushes for Inclusive Growth, Honours Shettima, CBN…
The Nigeria Economic Society (NES) has emphasized the need for inclusive economic growth as it prepares to honour…
Nigeria First’ Policy to Generate N3 Trillion for Economy, Says Trade Minister
The Federal Government has projected earnings of about N3 trillion from its ‘Nigeria First’ policy, a campaign…
Dollar Weakens as Gold Hits Record High Amid Fed Rate Cut Speculation
Global financial markets were mixed on Tuesday as the U.S. dollar wobbled near five-week lows and gold surged to a…
Forex Market: Chinese Traders Accepting Naira for Yuan as Currency Swap Boosts…
Nigeria’s foreign exchange market is witnessing new dynamics as Chinese traders increasingly accept naira for yuan…
Nigeria Must Achieve 8% GDP Growth to Hit $1 Trillion Economy by 2030 — Minister…
Nigeria must raise its Gross Domestic Product (GDP) growth from the current 3 percent to around 8 percent to…
Asia Markets Mixed as China PMI Data, India Ties, and U.S. Tariff Ruling Shape…
Asian stock markets closed mixed on Monday as investors weighed fresh economic data out of China, developments in…
Nigeria’s New Debt Strategy Sparks Sustainability Concerns as $1 Trillion Economy…
Nigeria’s revised Medium-Term Debt Management Strategy (MTDS) for 2024–2027 has stirred debate over the country’s…
Dollar Slips as Fed Rate Cut Bets Rise; Trump-Putin Summit in Focus
The U.S. dollar weakened on Friday, reversing gains from earlier in the week, as traders grew more confident that…
Naira Strengthens to ₦1,531.57/$ as CBN Interventions and Rising Reserves Bolster…
The Nigerian naira appreciated to ₦1,531.57 per dollar on Friday, marking a 0.23% gain week-on-week in the…
Nigeria and Brazil Central Banks Forge Stronger Financial Cooperation to Boost…
The Central Bank of Nigeria (CBN) and the Banco Central do Brasil have pledged to deepen financial and economic…
NESG Urges FG to Drive Economic Growth Through Productivity, Not Inflation Control
The Nigeria Economic Summit Group (NESG) has urged the Federal Government to shift its economic growth strategy…
Nigeria’s Diaspora Remittances Surge to $600m Monthly, Says CBN Governor Cardoso
Nigeria’s diaspora remittances have witnessed a sharp surge, hitting $600 million monthly in the past two months,…
FG Approves 2026–2030 National Development Plan to Drive Growth, Reforms, and Job…
The Federal Government has approved a new Medium-Term National Development Plan (MTNDP) 2026–2030, aimed at…