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 discussions with a visiting British…
Category: Macroeconomic
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 Reductions
The Bank of Ghana (BoG) has significantly cut its benchmark interest rate by 300 basis points, reducing it from 28%…
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 products,…
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 25% tariffs on Indian goods.…
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 decisions, all while preparing…
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 maintain all key monetary…
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 improvement to…
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 Focus
Nigeria’s Gross Domestic Product (GDP) grew by 3.13% in Q1 2025, according to the National Bureau of Statistics (NBS), signaling…
Investor Confidence and High Yields Drive N4.67 Trillion in FGN Bond Subscriptions in 2025
In the first seven months of 2025, the Federal Government of Nigeria (FGN) bonds drew an impressive N4.67 trillion in…
Federal Reserve Holds Steady on Rates as Internal Divisions and Political Pressure Mount
The Federal Reserve is expected to maintain current interest rates following its meeting this week, echoing the stance taken in…
IMF Raises Nigeria’s 2025 GDP Growth Forecast to 3.4%, Calls for Urgent Reforms in Sub-Saharan Africa
The International Monetary Fund (IMF) has revised Nigeria’s 2025 GDP growth projection upwards to 3.4%, a 0.4 percentage point increase…
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 transactions exceeding ₦25 million…
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 a 3.4 percent expansion…
FG Records Strong Investor Appetite in July Bond Auction, Allots N185.9 Billion Amid Yield Decline
The Federal Government of Nigeria, through the Debt Management Office (DMO), successfully raised N185.9 billion in its July 2025 bond…
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, arguing that…
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) meeting, voted…
Fitch: U.S. Tariffs Won’t Prompt Immediate EU Rating Cuts but May Worsen Economic Strain
Global ratings agency Fitch has stated that the recent sharp hike in U.S. tariffs on European Union (EU) imports will…
Japan–US Trade Deal Lowers Tariff Pressure but Economic Risks Persist, Cabinet Report Warns
Japan announced that its newly signed trade agreement with the United States has eased some of the uncertainty surrounding American…
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 Reserve’s…
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 the…
Naira Bonds Lead Emerging Markets Rally as Tinubu’s Reforms Boost Investor Confidence
Since President Bola Tinubu took office in May 2023, Nigeria’s financial reforms have sparked a remarkable rally in the country’s…
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 percent to…
CBN Injects $81m into FX Market as Naira Faces Pressure, But Outlook Turns Positive
The Central Bank of Nigeria (CBN) injected $81 million into the Bureau De Change (BDC) segment of the foreign exchange…
IMF Urges Bank of Ghana to Stay the Course on High Interest Rates Amid Inflation Gains
The International Monetary Fund (IMF) has advised the Bank of Ghana (BoG) to maintain a tight monetary policy stance in…
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 recent…
Private Sector Urges Action on Logistics, Security, and Trade Policies as Inflation Persists
Despite a marginal decline in Nigeria’s headline inflation rate for the fourth consecutive month, private sector leaders are raising alarms…