Browsing Category
Macroeconomic
Tinubu Abolishes 5% Telecom Excise Duty to Reduce Subscriber Costs and Boost…
President Bola Tinubu has officially abolished the five per cent excise duty on telecommunications services as…
Bitcoin Price Falls Below $113K as Inflation Worries and Tech Sell-Off Weigh on…
Bitcoin slipped under $113,000 in mid-week trading, pressured by profit-taking, U.S. inflation concerns, and a…
European Stocks Slip as Tech Selloff and Inflation Concerns Pressure Markets
European share markets fell on Wednesday, weighed down by a global technology selloff and renewed worries over…
UK Endorses Tinubu’s Economic Reforms, Promises Stronger Trade Partnership with…
The United Kingdom has expressed strong support for President Bola Tinubu’s economic and trade reforms, describing…
SEC to Introduce Forex Trading Guidelines in Ghana to Boost Investor Confidence
The Securities and Exchange Commission (SEC) has announced plans to roll out new regulatory guidelines for forex…
Cedi Weakens on Interbank Market as Analysts Warn of Rising Dollar Pressures
The Ghanaian cedi weakened on the interbank market last week, with market analysts warning that near-term…
Naira Weakens Slightly to ₦1,533/$ as CBN Interventions Sustain Market Stability
The Nigerian naira opened the week weaker at ₦1,533.67 per dollar at the official Nigerian Foreign Exchange…
CBN Unveils Digital Roadmap to Boost Financial Inclusion in Nigeria
The Central Bank of Nigeria (CBN) has intensified its push for a digitally empowered economy through a roadmap…
Nigeria Forex Reserves Surpass $40 Billion as Oil Output and Forex Inflows Rise
Nigeria’s Foreign Exchange Reserves Climb Above $40 Billion Mark
Nigeria’s foreign exchange reserves have…
Food Price Surge Threatens Inflation Gains, CPPE Warns — Urges Structural Reforms
Despite a decline in headline inflation for the fourth consecutive month, the Centre for the Promotion of Private…
Nigeria’s Currency Outside Banks Falls to N4.49trn in June, Still 90% of Cash in…
Currency outside Nigeria’s formal banking sector dropped slightly to N4.49 trillion in June 2025, compared to …
Stable Naira, Harvest Season Expected to Ease Nigeria’s Inflation – Analysts
Nigeria’s inflation outlook is showing signs of relief as analysts project further easing in the coming months,…
T-bill Auction Undersubscribed as Investors Shift Amid Falling Yields
The latest treasury bill auction in Ghana ended in a 35 percent undersubscription, reflecting weakening investor…
Cedi Strengthens as Fiscal Discipline and Debt Deals Boost Ghana’s Economic…
Ghana’s cedi has strengthened in 2025, supported by fiscal discipline and progress in debt restructuring,…
Naira Holds Longest Stability Streak of 2025 as Dollar Weakens and Reserves Climb
The naira is experiencing its most prolonged period of stability this year, trading within a narrow range of…
Nigeria Inflation to Ease in July 2025 as Harvest Season and Naira Stability Offer…
Nigeria’s headline inflation is expected to ease slightly in July 2025, with analysts projecting year-on-year…
Nigeria’s Inflation to Drop to 21.79% in July as Naira Stays Stable – Rewane…
Nigeria’s inflation rate is expected to fall to 21.79% in July, marking the fourth consecutive monthly decline and…
Tinubu Orders FIRS, Customs, NNPC to Review Revenue Deductions to Boost Public…
President Bola Tinubu has directed a comprehensive review of deductions and revenue retention practices by…
Nigeria’s National Single Window Set to Launch in March 2026, FIRS and Customs…
Nigeria’s National Single Window (NSW) is set to become fully operational in March 2026, following a strategic…
Ghana Launches “RedGold” Policy to Cut $2 Billion Palm Oil Imports, Boost Local…
Ghana is taking a major step to reduce its $2 billion annual palm oil import bill with the introduction of a new…
High Interest Rates Bite Nigerian Corporates: Paying More to Borrow Less in 2025
Nigeria’s largest listed companies are facing a costly paradox: they are paying sharply higher interest on loans…
U.S. Inflation Slows in July as Markets Rally and Fed Rate Cuts Loom
U.S. consumer prices rose less than expected in July, easing fears of a sharp inflation spike from recent tariff…
Nigeria’s Inflation Projected to Ease to 21.34% in July as Harvest Season Boosts…
Nigeria’s inflation rate is expected to ease further in July, driven by the start of the harvest season and stable…
Global Stocks Hit Record High as Soft Inflation Fuels Fed Rate Cut Hopes
Global equity markets surged to record levels on Wednesday, buoyed by softer-than-expected U.S. inflation data and…
Nigeria Foreign Exchange Reserves Rise 9.4% to $40.29bn in August 2025 — Strongest…
Nigeria’s foreign exchange reserves have climbed to their highest level since January, reaching $40.29 billion as…
Ghana Agriculture Funding 2025: GHS 2.9 Billion Investment to Boost Food Security…
Ghana’s agriculture sector is poised for a major uplift in 2025 following a joint commitment of GHS 2.9 billion…
Nigeria Earns N5.21tn from Oil Sales in H1 2025, Faces Revenue Target Pressure…
The Federal Government of Nigeria, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),…
Yuan weakens to 7.1405 against the dollar
The Chinese yuan weakened to 7.1405 against the US dollar on Monday, marking a 23-pip drop from the previous…
Nigeria’s High-Yield Market Lures Record Foreign Portfolio Inflows, but FDI…
The National Bureau of Statistics (NBS) has reported that Nigeria attracted $5.64 billion in capital inflows in Q1…
US, China Extend Tariff Truce by 90 Days, Avoiding Massive Duty Hikes
The United States and China have agreed to extend their tariff truce for another 90 days, averting a steep…