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Macroeconomic
CBN Rallies State Governments for Inflation Targeting Reform to Stabilise…
The Central Bank of Nigeria (CBN) has called on state governments to play a stronger role in supporting the…
CBN Urges States to Curb Overdraft Dependence as Inflation Targeting Reform…
The Central Bank of Nigeria (CBN) has called on state governments to reduce their dependence on overdrafts…
Nigeria Economic Reforms Strengthen Resilience Amid Global Uncertainty
Nigeria’s bold economic reforms over the past two years—though painful and controversial—are now being closely…
Nigeria Inflation Outlook: 7 Economists Predict Mixed Pressure Ahead of April NBS…
As Nigerians await the April inflation data from the National Bureau of Statistics (NBS), a survey of seven…
Egypt Inflation Eases to 14.9% Despite Oil Price Shocks and Middle East Tensions
Egypt’s inflation rate slowed in April 2026, offering a rare sign of relief for consumers after months of…
Nigeria Oil Revenue Windfall: BMI Projects N6.8 Trillion Gain as GDP Growth Hits…
Nigeria is expected to record a significant boost in oil earnings in 2026, with new projections suggesting an…
Nigeria to Gain FX Windfall as Crude Oil Surges Above $105 Amid Global Tensions
Nigeria is on track to record stronger foreign exchange inflows as global crude oil prices climb above $105 per…
Nigeria’s Dollar GDP Rises 22% to $307bn in 2025 Amid Naira Gains and Economic…
Nigeria’s economy recorded a significant milestone in 2025 as its dollar-denominated gross domestic product…
Cooking Gas Prices in Nigeria Rise as 5kg Hits N7,655 Amid March 2026 Inflation…
Cooking gas prices in Nigeria recorded another sharp increase in March 2026, placing additional pressure on…
Nigeria records surge in foreign currency tax receipts to N6.33 trillion
Nigeria recorded a significant rise in foreign currency-denominated tax collections in 2025, as total receipts…
Foreign Currency Tax Revenue Hits N6.33tn as Naira Volatility Reshapes Nigeria’s…
Nigeria’s tax system saw a major shift in 2025 as foreign currency-denominated tax receipts climbed to N6.33tn,…
CBN Pushes for Single-Digit Inflation Target Amid Global Shocks as Nigeria Defends…
Nigeria’s economic managers are standing firm on their long-term goal of achieving single-digit inflation, even as…
Shell Invests $16.4 Billion in ARC Resources Deal to Boost Canadian Gas and LNG…
Shell is making a massive long-term bet on natural gas with a $16.4 billion agreement to acquire Canada’s ARC…
Nigeria Food Prices Surge Despite N7.65 Trillion Imports and Government…
Food prices in Nigeria continue to climb, even as the Federal Government ramps up spending on interventions and…
Iran–Israel Conflict Exposes Nigeria’s Weak Economic Shock Response Toolkit as Oil…
Security, economic, and policy analysts have warned that the ongoing Iran–Israel–US conflict is exposing serious…
Nigeria Inflation Set to Rise After March Spike as Oil Shocks and Supply Pressures…
Nigeria’s inflation is expected to keep rising in the coming months following a sharp increase recorded in March…
Nigeria’s Terms of Trade Rise Marginally by 0.01% in Q4 2025 as Exports Edge Up
Nigeria recorded a marginal improvement in its all-commodity terms of trade (ToT), which rose by 0.01 per cent in…
Over 20 Million People at Risk of Food Insecurity in Sub-Saharan Africa Amid…
The International Monetary Fund (IMF) has raised alarm over worsening food security in Sub-Saharan Africa,…
Nigeria Inflation Rises to 15.38% in March 2026 as Monthly Price Pressures Surge
Nigeria’s inflation rate climbed to 15.38% in March 2026, signaling a fresh wave of price pressures across the…
Nigeria Inflation Set to Rise as Iran War Drives Fuel and Food Costs Higher
Nigeria’s inflation rate is projected to rise in March 2026, signaling an end to nearly a year of easing price…
Nigeria’s silent currency redenomination
Nigeria is undergoing what economists describe as a “silent currency redenomination,” not through…
Inflation Risks, Liquidity Spur Mixed Signals in Fixed Income Market
In Nigeria, the fixed income market delivered a mixed performance in March 2026, as investors weighed easing…
Ghana Economic Recovery Showcased at IMF Spring Meetings 2026 as Ato Forson…
Ghana has placed its economic recovery story on the global stage at the ongoing IMF and World Bank Spring…
Fuel Subsidy Would Have Cost Nigeria N52 Trillion in 2026 – Zacch Adedeji
The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has revealed that Nigeria would have…
Nigeria Public Debt Rises to N159.28 Trillion in 2025 as Domestic Borrowing Drives…
Nigeria’s total public debt climbed to N159.28 trillion as of December 31, 2025, according to fresh data released…
FG Moves for Cheaper Funding as Global Tensions Push Inflation, Oil Prices Higher
The Federal Government has announced plans to pursue cheaper funding and stronger international financial support…
Nigeria FX Reserves May Fall to $47bn in 2026 Despite Economic Reforms – Fitch…
Nigeria’s foreign exchange reserves are projected to decline to about $47 billion by the end of 2026, according to…
Nigeria Fuel Prices, Inflation Rise as Oil Nears $100+ Amid Strait of Hormuz…
Nigeria’s economy is once again under pressure as global crude oil prices edge toward the $100-per-barrel…
Nigeria’s External Reserves to Fall to $47bn by 2026, Fitch Warns Amid Economic…
Fitch Ratings has projected that Nigeria’s external reserves will decline to around $47 billion by the end…
Naira Strengthens to N1,365 per Dollar as Global Dollar Weakness Drives Market…
The naira appreciated to ₦1,365 per dollar on Thursday, extending gains as the U.S. dollar weakened across global…