Browsing Category
Macroeconomic
Ghana Optimistic Ahead of IMF Board Review, Eyes $370 Million Disbursement to…
The Ghanaian government is cautiously optimistic about passing the International Monetary Fund’s (IMF) upcoming…
Nigeria’s Public Debt Climbs to N149.39 Trillion in Q1 2025, FGN Bonds Dominate…
Nigeria’s total public debt surged to N149.39 trillion at the end of the first quarter of 2025, marking a N4.72…
Nigeria Pushes for Digital Sovereignty with MTN’s $150M Dabengwa Data Centre…
The Federal Government of Nigeria has thrown its full support behind local cloud hosting and digital…
Gambia Embraces Nigeria’s NAICOM Framework to Bolster Insurance Regulation
A high-level delegation from the Central Bank of The Gambia, led by Nyang Medeleine Gomez, has adopted Nigeria’s…
Tariffs Keep U.S. Interest Rates Elevated as Markets Adjust to Trump’s Economic…
U.S. Federal Reserve Chair Jerome Powell revealed that tariffs enacted by President Donald Trump are the primary…
Naira Strengthens as Dollar Weakens Globally Amid Economic Shifts
The Nigerian naira appreciated modestly in the official foreign exchange market, closing at N1,527 to the US…
Global Markets Hold Steady Amid Tariff Tensions and Uncertain U.S. Rate Policy
Global markets remained cautious as investors weighed developments in U.S. fiscal policy and looming trade…
Ghanaians Face Price Surge as GRA Implements New Tax Measures
The Ghana Revenue Authority (GRA) has begun enforcing a set of new tax policies from July 1, 2025, prompting…
Nigeria’s Economy Grows 3.7% in First Half of 2025 Amid Oil Boost and Business…
Nigeria’s economy experienced a 3.7% year-on-year growth in the first half of 2025, according to the Stanbic IBTC…
Middle East Tensions Threaten Ghana’s Economic Stability – Terkper Warns
Seth Terkper, Economic Policy Advisor at the Office of the President, has issued a caution regarding the potential…
Ghana Makes Debt Deal Strides as Finance Minister Concludes Landmark China Talks
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has wrapped up high-level discussions in China, signaling a…
Nigerian Crude Falls Below $70 as Global Oil Market Faces Oversupply Fears
Crude oil prices for Nigeria's main export grades—Bonny Light, Brass River, and Qua Iboe—have fallen below $70 a…
Nigeria’s Money Supply Contracts Again Amid Monetary Tightening
Nigeria’s broad money supply (M3) experienced a second monthly decline in 2025, falling by N292.75 billion or…
Iran-Israel Conflict Poses New Threats and Opportunities for Nigeria’s Fragile…
The escalating conflict between Israel and Iran is reshaping global economic dynamics, with ripple effects…
FG Spends N611.7bn in March on Domestic Dollar Bond Repayment – DMO
The Federal Government of Nigeria spent N611.71 billion in March 2025 to service its first-ever domestic US…
Nigeria Records $3.73bn Current Account Surplus in Q1 2025, Driven by Non-Oil…
Nigeria posted a current account surplus of $3.73 billion in Q1 2025, according to the Central Bank of Nigeria…
World Bank Approves $65m Additional Loan to Boost Nigeria’s Procurement Reform
The World Bank has approved an additional $65 million credit facility for Nigeria, bringing total funding under…
Nigeria’s Promissory Notes Drop by 15.6% Amid Rising Debt Pressures
Nigeria’s outstanding promissory notes declined by 15.6% in the first quarter of 2025, according to the Debt…
CBN Reports $3.73bn Current Account Surplus in Q1 2025, Boosted by Non-Oil Exports…
Nigeria recorded a current account surplus of $3.73 billion in Q1 2025, driven primarily by a sharp increase in…
Nigeria’s N149.39tn Public Debt Triggers Alarms Over Sustainability and…
Nigeria’s public debt surged to ₦149.39 trillion as of March 31, 2025, sparking serious concerns from experts over…
Treasury Yields Dip as Trump’s $3.9 Trillion Spending Bill Awaits Senate Decision
U.S. Treasury yields edged lower on Monday morning as market participants closely watched developments surrounding…
Global Central Bankers Face Rising Questions on Dollar Dominance at Sintra Summit
Top central bankers from the U.S., euro zone, Japan, Britain, and South Korea are gathering in Sintra, Portugal,…
Parliament Urges Bank of Ghana to Safeguard Cedi Gains Amid Global Trade Dynamics
The Trade, Industry and Tourism Committee of Ghana’s Parliament has urged the Bank of Ghana (BoG) to intensify its…
Bullish Momentum Persists in Nigerian Bond Market as Yields Drop to 18.38%
Nigeria’s bond market extended its bullish streak last week as investors continued to show strong demand for…
Cardoso Stresses Institutional Resilience as Foundation for Africa’s Economic…
At the 2025 Annual Meetings of the African Export-Import Bank (Afreximbank) in Abuja, the Governor of the Central…
Africa Received $95 Billion in 2024 Remittances as Nigeria, Egypt Lead Inflows –…
In 2024, Africa recorded over $95 billion in remittance inflows, nearly matching total foreign direct investment…
Investors Brace for Summer Market Volatility Amid Geopolitical and Trade Risks
As summer trading volumes typically thin out, global investors are preparing defensively against a potential…
CBN Blames Governors and Lawsuits for Delay in N85bn Healthcare Project Across 774…
The Central Bank of Nigeria (CBN) has attributed the delay in completing a nationwide healthcare project to…
Over 90% of Nigeria’s Dollar Liquidity Is Off the Books, Say BDC Operators
Bureau De Change (BDC) operators in Nigeria have revealed that more than 90% of the country’s foreign exchange…
Asia Stocks Rise, Dollar Slips as Israel-Iran Ceasefire Boosts Market Optimism
Asian stock markets inched upward on Wednesday following a tentative ceasefire between Israel and Iran, restoring…