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Macroeconomic
Global Stocks Edge Higher on Fed Policy Shift; Gold Surges Amid U.S. Tariffs on…
Global stock markets nudged higher on Friday as investors grew optimistic about potential interest rate cuts by…
India and Brazil Bolster Economic Ties Amid Trump’s Tariff Escalation, Sparking…
India and Brazil are strengthening their bilateral economic cooperation in response to recent aggressive tariff…
Trump’s New Tariffs Take Effect, Impacting Global Trade and Nigeria’s Economy Amid…
President Donald Trump’s sweeping new tariffs officially began yesterday, marking the most significant U.S.…
Nigeria’s Banks Attract $7 Billion in ‘Hot Money’ as Foreign Inflows Surge —…
In 2024, Nigeria’s banking sector saw an unprecedented influx of $7 billion from foreign investors, marking the…
Nigeria to Launch Industrial Policy to Boost Manufacturing, Reduce Raw Material…
The Federal Government of Nigeria is finalizing a new comprehensive Nigerian Industrial Policy aimed at reducing…
Tinubu Approves Pension Hike and Free Healthcare for Low-Income Retirees
President Bola Tinubu has directed the immediate implementation of pension increases and free healthcare access…
Chinese Exporters Sell Record $132.5B in Yuan Options Amid Currency Stability and…
Surge in Currency Derivative ActivityChinese firms, particularly exporters, sold a record-breaking $132.5 billion…
Headline: Naira Stability and Easing Inflation Drive N329bn Revenue Surge for…
Nigeria’s two largest oil palm producers, Presco Plc and Okomu Oil Palm Company Plc, recorded a…
Ghana’s Inflation Drops to 12.1% in July 2025, Lowest Since October 2021
Ghana’s headline inflation rate decreased to 12.1% in July 2025, marking the seventh straight month of decline and…
Foreign Investors Dump ₦576bn in Nigerian Stocks Amid Market Volatility and Policy…
Between January and June 2025, foreign investors withdrew ₦576.09 billion from the Nigerian Exchange (NGX), an 85%…
Nigeria’s Capital Importation Surges 67% to $5.64 Billion in Q1 2025
Capital importation into Nigeria surged by 67.12% year-on-year in the first quarter of 2025, reaching $5.642…
BoG Slashes Policy Rate by 300bps to Spur Cheaper Lending and Boost Economic…
The Bank of Ghana (BoG) has implemented a historic monetary policy shift by cutting its benchmark policy rate by…
Tinubu Signs Landmark Insurance Reform Act to Drive $1 Trillion Economy Vision
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Act (NIIRA) 2025 into law, marking a…
Naira Holds Firm Despite Dip in FX Inflows: Analysts Cite Strong Reserve Build-Up,…
The Nigerian naira maintained its stability despite a recent decline in foreign exchange (FX) inflows, according…
Cedi Surge Sparks 50% Drop in Remittances, BoG Governor Reveals-Ghana
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has revealed that the recent sharp appreciation of the…
Nigeria Becomes 4th Most Expensive Country to Borrow in Africa as Interest Rates…
Nigeria has emerged as the fourth most expensive country to borrow in Africa, according to a new report by…
Nigeria’s Economic Growth Slows in July 2025 as Manufacturing Suffers Historic…
Nigeria’s economic growth lost significant momentum in July 2025, with the manufacturing sector experiencing its…
IMF Upgrades Nigeria’s 2025 Growth Forecast Amid Easing Inflation, Currency…
The International Monetary Fund (IMF) has revised its 2025 economic growth forecast for Nigeria upward, projecting…
Nigeria’s Business Confidence Climbs for Sixth Month in 2025; Manufacturing Sector…
Nigeria’s Business Performance Index showed sustained growth for the sixth consecutive month in June 2025,…
Trump Hits India with Steep Tariffs as New Delhi Holds Firm on Trade Deal
U.S. President Donald Trump announced 25% tariffs on imports from India alongside an unspecified penalty, aiming…
FBNQuest Forecasts 3.4% GDP Growth for Nigeria in 2025, Naira to Weaken to…
Analysts at FBNQuest Merchant Bank project that Nigeria’s economy will maintain its recovery in 2025, with real…
Banks Unlikely to Cut Lending Rates Despite BoG’s Aggressive Rate Slash –…
Despite the Bank of Ghana's (BoG) bold decision to cut the policy rate by 300 basis points to 25 percent,…
NNPC Raises Petrol Price to N890/Litre, Surpassing Market Average Amidst…
The Nigerian National Petroleum Company (NNPC) Ltd has increased the pump price of Premium Motor Spirit (PMS),…
Nigerian Businesses Struggle with Credit Crunch Despite Rising Optimism —…
Nigerian businesses experienced a deepening credit crunch in June 2025 despite signs of robust economic recovery,…
US Tariff Hike Prompts Nigerian Insurance Sector to Strengthen Risk Management…
The Nigerian insurance industry has been advised to bolster its risk management frameworks in response to a 15%…
FG’s Forex Windfall Plummets 73% in H1 2025 Amid Exchange Rate Realignment
Nigeria’s federal government saw a sharp 73% decline in foreign exchange (FX) gains during the first half of 2025,…
Farmers Reject Anchor Borrowers’ Scheme as CBN Ends Intervention Efforts
The Anchor Borrowers’ Programmer (ABP), introduced by the Central Bank of Nigeria (CBN) in 2015 to boost…
Trump Raises Nigerian Import Tariffs to 15% Amid Escalating Trade Disputes
U.S. President Donald Trump signed an executive order on July 31 increasing tariffs on Nigerian imports from 14 to…
Asian Markets Brace for Sharp Decline as US Tariffs Escalate Trade Tensions
Asian shares are on track for their worst weekly drop since April following the US government's decision to impose…
Forex Access Challenges Persist Despite Cedi Gains — Ghana Importers and Exporters…
The Importers and Exporters Association of Ghana has expressed serious concern over ongoing difficulties in…