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Macroeconomic
IMF Raises Nigeria’s 2025 GDP Growth Forecast to 3.4%, Calls for Urgent Reforms in…
The International Monetary Fund (IMF) has revised Nigeria’s 2025 GDP growth projection upwards to 3.4%, a 0.4…
Nigeria to Monitor N25m+ Transactions Monthly from 2026 Under New Tax Law
Starting January 2026, banks and other financial institutions in Nigeria will be required to report monthly…
IMF Maintains Nigeria’s 2025 GDP Growth at 3.4% Despite GDP Rebasing
The International Monetary Fund (IMF) has upheld its growth projection for Nigeria’s economy in 2025, maintaining…
FG Records Strong Investor Appetite in July Bond Auction, Allots N185.9 Billion…
The Federal Government of Nigeria, through the Debt Management Office (DMO), successfully raised N185.9 billion in…
Manufacturers Urge CBN to Cut Interest Rates Amid Inflation Crisis
The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to cut interest rates,…
CBN Holds Interest Rates Steady Amid Inflation Pressures, Eyes Economic Stability
The Central Bank of Nigeria (CBN), in a decisive move during its July 2025 Monetary Policy Committee (MPC)…
Fitch: U.S. Tariffs Won’t Prompt Immediate EU Rating Cuts but May Worsen Economic…
Global ratings agency Fitch has stated that the recent sharp hike in U.S. tariffs on European Union (EU) imports…
Japan–US Trade Deal Lowers Tariff Pressure but Economic Risks Persist, Cabinet…
Japan announced that its newly signed trade agreement with the United States has eased some of the uncertainty…
Treasury Yields Climb as Investors Await Fed Decision and Inflation Data
U.S. Treasury yields edged higher on Monday as investors braced for a busy economic week headlined by the Federal…
GNCCI Urges BoG to Cut Policy Rate by 3% to Boost Private Sector Growth-Ghana
The Ghana National Chamber of Commerce and Industry (GNCCI) has called on the Bank of Ghana (BoG) to reduce the…
European Stocks Climb as US-EU Trade Deal Calms Markets, but Euro Slips
European markets opened the week on a positive note after a long-awaited trade deal between the United States and…
Naira Bonds Lead Emerging Markets Rally as Tinubu’s Reforms Boost Investor…
Since President Bola Tinubu took office in May 2023, Nigeria’s financial reforms have sparked a remarkable rally…
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…