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Macroeconomic
Naira Could Strengthen to ₦1,400/$ by Year-End Amid Eurobond Hopes, Oil Rally, and…
Nigeria’s currency, the naira, is projected to appreciate to ₦1,400 per dollar in the second half of 2025,…
Nigeria Needs 7% Annual Growth to Lift Poor, Says Finance Minister
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated that the country must…
Japan Confirms Forex Excluded from US Trade Deal, Eases Yen Pressure Concerns
Japanese Finance Minister Katsunobu Kato announced that the recent bilateral trade agreement between Japan and the…
Global Stocks Rally as U.S.-Japan Auto Trade Deal Sparks Market Optimism
Global stock markets surged following a breakthrough trade agreement between the United States and Japan, which…
10-Year Treasury Yields Slip as Markets Brace for Fed Decision Amid Trump-Powell…
The yield on the 10-year U.S. Treasury note eased slightly on Tuesday, falling over two basis points to 4.342%, as…
Debt-to-GDP ratio drops to 39.4% after GDP rebasing
Nigeria’s public debt-to-GDP ratio has dropped to 39.4% in Q1 2025, following the rebasing of the country’s Gross…
NGX Set to Break Turnover Records in 2025 as Foreign Investment and Retail…
The Nigerian Exchange (NGX) is on track for a record-breaking year in 2025, with a turnover of ₦694 billion posted…
Ghana Cedi at 60: Citizens Express Doubts Despite 2025 Gains
Marking its 60th anniversary in 2025, the Ghana Cedi stands as a symbol of Ghana’s economic independence since…
Naira Slips to ₦1,532.34/$ Despite CBN Efforts Amid FX Market Volatility
The Nigerian naira closed the week of July 21st, 2025, weaker against the US dollar, depreciating by 0.14% to…
Tariff hike: US rules out hasty trade deals
The United States has made it clear that it will not rush into finalizing trade agreements ahead of the looming…
Nigeria’s Rebased GDP Hits ₦372.82 Trillion Amid Worsening Poverty, Public…
Economic Growth Through RebasingThe National Bureau of Statistics (NBS) has rebased Nigeria’s Gross Domestic…
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…