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Macroeconomic
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…
Investors Brace for First Earnings Season Under Trump Tariffs Amid Dollar Drop and…
U.S. companies are preparing to report second-quarter earnings as markets weigh the effects of President Donald…
Tinubu, Atiku’s Aides Clash Over State of Nigerian Economy
In a heated exchange over Nigeria's economic direction, senior presidential aide Bayo Onanuga and Atiku Abubakar’s…
U.S. Treasury Yields Dip as Trump Ramps Up Tariff Tensions with 14 Nations
U.S. Treasury yields fell on Wednesday morning as investors closely watched the latest developments on trade…
Nigeria and South Africa Boost Intra-African Trade to $220.3 Billion in 2024
Intra-African trade rose significantly by 12.4% in 2024 to reach $220.3 billion, up from $196.04 billion in 2023,…
Boosting Agricultural Investment Key to Fighting Nigeria’s Inflation – Economist…
Dumebi Oluwole, a prominent Nigerian economist and Team Lead of the Country Risk Team at Stears, has emphasized…
European Markets Climb as Investors Await U.S. Trade Moves; Mergers and Energy…
European stocks ended Monday’s trading session mostly higher as investors looked ahead to potential U.S. trade…
Australia Holds Interest Rate Steady at 3.85% Amid Inflation Uncertainty
In a surprise move, the Reserve Bank of Australia (RBA) kept its policy interest rate unchanged at 3.85% on…
European Markets Stall as Trump’s Tariff Threats Stir Global Trade Uncertainty
European shares remained largely unchanged on Tuesday, as investors weighed the potential impact of fresh tariff…
China Warns Trump Against Tariff Hikes, Threatens Retaliation on Supply Chain…
In a sharp warning to former U.S. President Donald Trump, China on Tuesday cautioned against reigniting trade…
Seven Nigerian Banks Face ₦965bn Recapitalisation Gap Ahead of CBN Deadline
Seven Nigerian commercial banks—Fidelity Bank, FCMB, GTCO, UBA, First Bank Holding (FirstHoldco), Sterling Bank,…
Trump Slaps Nigeria With 10% Tariff Over BRICS Ties Amid Growing Global Trade…
U.S. President Donald Trump has announced a 10% tariff on Nigeria in response to the country's recent alignment…
Ghana Secures $370M IMF Boost After Fourth Review Approval
Ghana has received a significant financial boost as the International Monetary Fund (IMF) approved the country's…
Global Markets Stay Resilient Despite Trump’s Looming Tariff Hike
Global financial markets have shown surprising calm ahead of U.S. President Donald Trump’s Wednesday tariff…
10-Year Treasury Yields Rise as Trump Delays Tariff Reinstatement, Threatens New…
The yield on the U.S. 10-year Treasury rose on Monday as global markets reacted to President Donald Trump’s…
Trump Intensifies Trade War with New Tariff Threats and BRICS Penalties
The ongoing U.S. trade war under President Donald Trump is heating up once again, as new tariff announcements and…
Nigerian Stocks Set to Soar 32% in 2025 on Tax Cuts, FX Reforms – Report
With projections indicating a 32.2% return, according to CardinalStone Research’s 2025 Mid-Year Economic Outlook.…
Half of African Currencies Weaken in May Despite Economic Reforms – Afreximbank…
Nearly half of Africa's currencies depreciated in May 2025, revealing a mixed macroeconomic picture across the…
Oyo State, FCMB Launch ₦1.5bn Agribusiness Fund to Empower 1,000 Youths
The Oyo State Government has unveiled a ₦1.5 billion empowerment scheme in partnership with First City Monument…
Naira Holds at ₦2,200/£ Despite Weakened British Pound Amid UK Economic Concerns
Despite the British pound entering a correction phase globally, the Nigerian naira has remained stable at ₦2,200/£…
IMF Urges Fiscal Discipline to Bolster CBN’s Inflation Fight and Support Naira…
The International Monetary Fund (IMF) has endorsed the Central Bank of Nigeria's (CBN) stringent monetary policy,…
Nigeria’s growth rate to hit 4.2% amid improved oil output, business conditions…
Nigeria’s economic growth is projected to reach 4.2% in 2025, buoyed by rising crude oil output, improved business…
Global Stocks Hit Record Highs Ahead of U.S. Jobs Data; UK Bonds Stabilize After…
Global stock markets surged to record highs on Thursday, buoyed by optimism ahead of the closely watched U.S.…
Treasury Yields Dip Ahead of June Jobs Report as Markets Watch Trump’s Spending…
U.S. Treasury yields edged lower on Thursday morning as investors awaited the release of the June nonfarm payrolls…
Ghana’s Inflation Drops to 13.7% in June, Marking Six-Month Decline
Ghana’s inflation rate dropped significantly to 13.7% in June 2025, according to new data released by the Ghana…
IMF Urges Nigeria to Rework 2025 Budget Amid Oil Price, Inflation Concerns
The International Monetary Fund (IMF) has advised the Nigerian government to revise its proposed 2025 budget of…
Investors Brace for Volatile Weeks as Global Risk Events Loom
Global investors are preparing for a period of heightened market volatility triggered by a series of unpredictable…
Nigeria Calls for Overhaul of Global Financial System to Support Developing…
At the 4th International Conference on Financing for Development (FFD4) held in Sevilla, Spain, Nigeria’s Minister…
Nigerian Stock Market Surges by N379bn Amid Renewed Investor Optimism
The Nigerian stock market recorded a significant rebound on Tuesday, gaining N379 billion in market…