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Macroeconomic
NGX Records Sharp Decline in Trade Volume Amid Price Rally
The Nigerian equities market experienced one of its steepest drops in trading volume last week, falling nearly 79…
CBN Injects $81m into FX Market as Naira Faces Pressure, But Outlook Turns…
The Central Bank of Nigeria (CBN) injected $81 million into the Bureau De Change (BDC) segment of the foreign…
IMF Urges Bank of Ghana to Stay the Course on High Interest Rates Amid Inflation…
The International Monetary Fund (IMF) has advised the Bank of Ghana (BoG) to maintain a tight monetary policy…
Bank of Ghana’s MPC Convenes to Set Economic Tone Amid Signs of Stability
The Bank of Ghana’s Monetary Policy Committee (MPC) kicked off its 125th regular meeting today, July 28, to assess…
Private Sector Urges Action on Logistics, Security, and Trade Policies as…
Despite a marginal decline in Nigeria’s headline inflation rate for the fourth consecutive month, private sector…
India Stays Calm Amid U.S. Trade Deadline Pressure, Leveraging Strategic…
As the August 1 deadline for a U.S.-India trade deal approaches—after which tariffs are set to rise to 26%, India…
Nigeria Holds Key Rate as FX Gains, Inflation Moderates, and Investor Confidence…
In a bid to sustain recent gains in price stability and foreign exchange (FX) market calm, the Central Bank of…
U.S. and EU Strike 15% Tariff Deal, Sidestepping Trade War
In high stakes move that prevented a looming transatlantic trade war, the U.S. and European Union reached a…
Stocks Rally and Euro Holds Steady Following US-EU Trade Deal Amid Key Global…
Global markets responded positively on Monday after the United States and the European Union reached a framework…
Fitch Maintains ‘Stable’ Outlook for Kogi and Oyo, Cautions on Heavy Federal…
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of both Kogi and Oyo States at 'B' with a…
Record N4.2tn FAAC Allocation: Economic Lifeline or Inflationary Time Bomb?
Nigeria’s Federation Account Allocation Committee (FAAC) disbursed a record N1.82 trillion in June, bringing the…
Asian Stocks Slip, Dollar Rises Ahead of Tariff Deadline and Global Central Bank…
Asian stock markets eased on Friday as investors took profits after recent gains, with Japan's market retreating…
World Bank Partners with Nigeria on Landmark 90,000km Fiber Optic Project to Boost…
The World Bank has announced a major partnership with the Nigerian government to roll out a nationwide…
Nigeria’s Trade Slows Amid Rising Costs, Weak Demand
Nigeria’s trade sector experienced a marginal decline in its contribution to GDP in the first quarter of 2025,…
Ghana Restores Economic Confidence in Under 200 Days – Finance Minister Ato Forson
Ghana’s Minister of Finance, Dr. Cassiel Ato Forson, has declared that the government has successfully restored…
10-Year Treasury Yields Inch Up as Trump Visits Fed, Heightening Rate-Cut Pressure
The yield on the 10-year U.S. Treasury ticked up slightly early Thursday, rising 1 basis point to 4.4%, as…
Nigerian Banks Close 29.4 Million Accounts Amid NIN-BVN Compliance Push; 33…
As of March 2025, Nigerian commercial banks recorded 29.4 million closed bank accounts, reflecting an aggressive…
Nigeria’s Financial System Stable, Reforms Here to Stay — CBN Governor Cardoso…
Reassurance Amid Global Uncertainty:Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has affirmed the…
Naira Could Strengthen to ₦1,400/$ by Year-End Amid Eurobond Hopes, Oil Rally, and…
Nigeria’s currency, the naira, is projected to appreciate to ₦1,400 per dollar in the second half of 2025,…
Nigeria Needs 7% Annual Growth to Lift Poor, Says Finance Minister
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated that the country must…
Japan Confirms Forex Excluded from US Trade Deal, Eases Yen Pressure Concerns
Japanese Finance Minister Katsunobu Kato announced that the recent bilateral trade agreement between Japan and the…
Global Stocks Rally as U.S.-Japan Auto Trade Deal Sparks Market Optimism
Global stock markets surged following a breakthrough trade agreement between the United States and Japan, which…
10-Year Treasury Yields Slip as Markets Brace for Fed Decision Amid Trump-Powell…
The yield on the 10-year U.S. Treasury note eased slightly on Tuesday, falling over two basis points to 4.342%, as…
Debt-to-GDP ratio drops to 39.4% after GDP rebasing
Nigeria’s public debt-to-GDP ratio has dropped to 39.4% in Q1 2025, following the rebasing of the country’s Gross…
NGX Set to Break Turnover Records in 2025 as Foreign Investment and Retail…
The Nigerian Exchange (NGX) is on track for a record-breaking year in 2025, with a turnover of ₦694 billion posted…
Ghana Cedi at 60: Citizens Express Doubts Despite 2025 Gains
Marking its 60th anniversary in 2025, the Ghana Cedi stands as a symbol of Ghana’s economic independence since…
Naira Slips to ₦1,532.34/$ Despite CBN Efforts Amid FX Market Volatility
The Nigerian naira closed the week of July 21st, 2025, weaker against the US dollar, depreciating by 0.14% to…
Tariff hike: US rules out hasty trade deals
The United States has made it clear that it will not rush into finalizing trade agreements ahead of the looming…
Nigeria’s Rebased GDP Hits ₦372.82 Trillion Amid Worsening Poverty, Public…
Economic Growth Through RebasingThe National Bureau of Statistics (NBS) has rebased Nigeria’s Gross Domestic…
High Interest Rates Now Nigeria’s Top Business Concern — CBN Survey Finds
According to the Central Bank of Nigeria's (CBN) June 2025 Business Expectations Survey, high interest rates have…