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Macroeconomic
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…
US Imports $1.34 Billion Nigerian Crude Despite Tariffs, but Trade Surplus Turns…
Despite a wave of protectionist trade measures from the U.S., Nigeria remained America’s top African crude oil…
Analysts Warn of Inflation Resurgence Despite 3-Month Decline
Nigeria’s headline inflation has eased for the third consecutive month, declining to 22.22% in June 2025 from…
Yen Holds Steady as Japan Navigates Political Shake-Up, Global Markets Eye Trade…
Japan's financial markets showed only mild reactions following a political shift in the country’s upper house…
Nigeria’s FX Reserves Climb $422m as CBN Boosts Market Intervention and Investor…
Nigeria's foreign exchange (FX) reserves grew by $422.16 million last week, bringing the total to $37.85 billion…
China Holds Lending Rates Steady Amid Slowing Growth and Weak Consumer Demand
China’s central bank, the People’s Bank of China (PBOC), maintained its key lending rates on Monday, keeping the…
Bank of Ghana Assures Traders of Forex Availability Amid Access Complaints
The Bank of Ghana (BoG) has responded to growing concerns within the business sector, particularly from the Ghana…
Cardoso Warns of Inflation Spike Amid Record FAAC Liquidity Surge
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has raised an alarm over the surge in banking…
NGX Raises Over N4.63 Trillion in H1 2025 as Investor Confidence Surges
In the first half of 2025, the Nigerian Exchange (NGX) raised over N4.63 trillion through corporate and sovereign…
Increase in import volume affecting Nigeria’s currency — Prof Opara
Professor Kennedy Opara, former Executive Secretary of the Nigerian Christian Pilgrim Commission (NCPC) and…
European Markets Fall as Trump-Powell Tensions Rattle Global Investors
European stocks closed lower on Wednesday following rising political tension in the U.S., where a White House…
Experts Raise Alarm Over Nigeria’s Heavy Dependence on China for Imports
Nigeria's growing reliance on China as its primary import partner has triggered concern among financial analysts…
Ghana’s Producer Price Inflation Drops to 5.9% in June — Lowest Since November…
Ghana's Producer Price Inflation (PPI) dropped sharply to 5.9% in June 2025, its lowest level since November 2023,…
Mobile-Phone Technology Fuels Financial Inclusion Boom in Nigeria and Developing…
A new report by the World Bank Group has revealed a significant surge in financial account usage and formal…
Nigeria’s Inflation Rate Eases to 22.22% in June 2025 Amid Food Price Adjustments
The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s headline inflation rate to 22.22% in…
Naira Strengthens to ₦1,537/$ on Black Market, FX Gap Narrows to ₦7
The Nigerian naira appreciated further in the parallel (black) market on Wednesday, strengthening to ₦1,537 per US…
CBN Injects $4.1bn to Stabilise Naira Amid Reserves Decline, Analysts Warn of…
In the first half of 2025, the Central Bank of Nigeria (CBN) injected $4.1 billion into the foreign exchange…
Traders Maintain Bets on September Fed Rate Cut Despite June Inflation Rise
Traders are holding steady on their expectations that the Federal Reserve will begin cutting short-term interest…
Tougher Global Immigration Rules Jeopardize Nigeria’s $1bn Diaspora Remittance…
The Central Bank of Nigeria (CBN) is facing mounting challenges in its push to secure $1 billion in monthly…
BudgIT Ghana Rolls Out Simplified 2025 Budget to Empower Citizens and Strengthen…
BudgIT Ghana has officially launched its Simplified 2025 Budget Statement, reaffirming its commitment to promoting…
Banks Bite the Bullet as N156bn Impairment Charges Hit Q1 2025 Earnings
Eight Nigerian banks posted a total of N156bn in impairment charges on credit and financial assets during Q1 2025,…
Trump’s 30% Tariff on EU Goods Shakes Markets, Fuels Economic Uncertainty
European markets opened lower on Monday after U.S. President Donald Trump unexpectedly announced a 30% tariff on…
Nigeria’s June Inflation Seen Easing Slightly, but Food Prices and Festive…
Financial experts anticipate a modest decline in Nigeria’s headline inflation for June 2025, following a rate of…
Markets Unmoved by Trump Tariff Threats, but Bond Investors Show Caution
European markets appeared largely indifferent to Donald Trump’s latest threat to impose 30% tariffs on EU and…
Deposit Confidence Soars as Ghana’s Savings and Loans Sector Records 30.6%…
Ghana’s savings and loans sector is experiencing a surge in public confidence, highlighted by a significant 39.4%…
Global Stocks Rally on AI Boom and Rate Cut Hopes, Shrug Off Trump’s New Tariff…
Global stock markets continued their upward climb on Thursday, fueled by mounting optimism over artificial…
Ghana Receives $367M IMF Tranche to Bolster Economy, Stabilise Cedi
Ghana has officially received a $367 million disbursement from the International Monetary Fund (IMF), marking the…
Nigeria’s Economy Expands for 6th Straight Month as Agriculture Leads Growth – CBN…
Nigeria’s economy has recorded its sixth consecutive month of expansion, according to the June 2025 Purchasing…
Nigeria’s Foreign Reserves Projected to Reach $41bn by Year-End Amid Naira Gains
Nigeria’s external reserves could reach $41 billion by the end of 2025, driven by the continued appreciation of…
Nigeria’s Impending GDP Rebasing: A Bigger Economy, But for Whose Benefit?
The National Bureau of Statistics (NBS) is set to release Nigeria's long-overdue rebased Gross Domestic Product…