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Macroeconomic
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…
Ghana, UK Renew Commitment to Stronger Trade Ties Under Partnership Agreement
Ghana is accelerating preparations to fully implement the Ghana–UK Trade Partnership Agreement (TPA) following key…
Naira Ends July Slightly Weaker at ₦1,533.55/$ Despite Signs of Stability
The Nigerian naira closed July 2025 at ₦1,533.55 to the US dollar in the official market, slipping by 0.25% from…
Bank of Ghana Slashes Interest Rate to 25% as Inflation Drops, Sparking Price…
The Bank of Ghana (BoG) has significantly cut its benchmark interest rate by 300 basis points, reducing it from…
FG to Generate ₦796bn Annually from 5% Fuel Surcharge Despite Public Outcry
The Federal Government of Nigeria is set to implement a five per cent surcharge on all refined fossil fuel…
Economist Cautions BoG’s Aggressive Rate Cut Amid Fragile Recovery-Ghana
The Bank of Ghana (BoG) has come under scrutiny after announcing a significant 300 basis point cut in its policy…
Trump Tariffs Shake Indian Markets, Threaten Growth Outlook
Indian financial markets faced turbulence on Thursday after U.S. President Donald Trump imposed unexpectedly steep…
Global Markets on Edge as Trump’s Tariff Blitz Shakes Trade and Commodities
Markets are navigating a high-stakes week filled with major corporate earnings, economic data, and central bank…
CBN Holds Interest Rates to Tame Inflation Amid Global Uncertainty
Amid global economic turbulence and persistent inflation, the Central Bank of Nigeria (CBN) has decided to…
Tinubu’s Economic Reforms Cut Northern States’ Debt by 42%, Boost Revenue — FG
The Federal Government has announced a 42.06% drop in the domestic debt of Northern states, attributing the fiscal…
ECB Warns China-U.S. Trade Rift Could Lower Euro Zone Inflation Below Target
A European Central Bank (ECB) blog post has warned that if China diverts its exports away from the United States…
Nigeria’s Industrial Sector Shrinks Despite GDP Growth: MAN Urges Manufacturing…
Nigeria’s Gross Domestic Product (GDP) grew by 3.13% in Q1 2025, according to the National Bureau of Statistics…
Investor Confidence and High Yields Drive N4.67 Trillion in FGN Bond Subscriptions…
In the first seven months of 2025, the Federal Government of Nigeria (FGN) bonds drew an impressive N4.67 trillion…
Federal Reserve Holds Steady on Rates as Internal Divisions and Political Pressure…
The Federal Reserve is expected to maintain current interest rates following its meeting this week, echoing the…