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Macroeconomic
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…
European Stocks Mixed as Investors Await EU and U.S. Inflation Data
European markets are set for a mixed open on Friday as investors brace for fresh inflation data from both the…
NESG Urges FG to Prioritize Economic Stabilization, Productivity, and Job Creation
The Nigerian Economic Summit Group (NESG) has advised the Federal Government to focus on three key priorities to…
Naira Rebounds as Nigeria’s Foreign Reserves Hit $41.2 Billion, Boosting Investor…
The naira regained strength on Wednesday after two days of marginal losses, supported by Nigeria’s external…
BoG Enforces New Forex Rules: Importers, Exporters Urged to Use Credit Cards for…
The Importers and Exporters Association of Ghana has urged its members to adopt credit or Visa cards for…
Trump’s 50% Tariffs on Indian Goods Take Effect, Escalating U.S.-India Trade…
U.S. President Donald Trump’s decision to double tariffs on Indian goods to as high as 50% officially took effect…
Ghana Launches New Financing Frameworks to Boost Cocoa, Oil Palm, and Strategic…
Ghana has initiated a major step to strengthen agricultural financing by setting up three Technical Committees to…
Tinubu Commends Nigeria’s Capital Market Growth, Vows More Reforms During Brazil…
President Bola Tinubu has lauded the significant growth of Nigeria’s capital market, attributing the surge in…
Naira Falls to N1,550/$ 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…