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Macroeconomic
AfDB Warns of $39.84 Billion Drop in Africa’s Foreign Funding by 2025 Amid Global…
The African Development Bank (AfDB) has projected a significant drop of $39.84 billion in foreign funding to!-->…
Nigeria’s Public Debt Could Surge to N800,000 Per Citizen Amid New $21.5 Billion…
Nigeria faces a significant rise in public debt if the Senate approves President Bola Tinubu’s request for $21.5!-->…
Rising Power Demand Drives Urgent Calls for Grid Upgrades and Efficiency Reforms…
Ghana’s electricity consumption rose sharply in 2024, reaching 13,098 GWh, up from 12,390 GWh in 2023, according!-->…
Forex Market Reforms Restore Investor Confidence in Nigerian Economy
The liberalisation of Nigeria’s foreign exchange (forex) market has restored investor confidence and stabilised!-->…
World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Amid Mounting Debt and Credit…
The World Bank has lowered Kenya’s 2025 economic growth projection to 4.5%, a reduction of 0.5 percentage points,!-->…
Tinubu’s New Borrowing Plan Pushes Nigeria’s Debt to N183 Trillion Amid Economic…
President Bola Tinubu has proposed a fresh borrowing plan that will increase Nigeria’s total public debt from!-->…
Ghana Poised for Economic Growth Beyond IMF Support – Deputy Finance Minister
Deputy Finance Minister Thomas Ampem Nyarko has reaffirmed the government’s determination to guide Ghana’s economy!-->…
Tinubu seeks Reps approval for $21.5bn external loan, N757.9bn bond
President Bola Tinubu has formally requested the Nigerian House of Representatives to approve a comprehensive!-->…
Japan Plans to Cut Super-Long Bond Issuance to Ease Market Concerns
Japan’s Ministry of Finance (MOF) is considering reducing the issuance of super-long Japanese Government Bonds!-->…
Ghana Gains Competitive Edge from U.S. 10% Tariff, Says Ambassador Palmer
Outgoing U.S. Ambassador to Ghana, Virginia Palmer, highlighted that Ghana benefits from recent global tariff!-->…
CBN Measures Steady the Naira, But Major Gains Remain Unlikely
The Nigerian naira is expected to remain relatively stable in the near term, supported by the Central Bank of!-->…
Breaking:Foreign Portfolio Inflows to Nigerian Stock Market Plunge 92% in April…
Foreign portfolio investment into Nigeria’s equities market nosedived by 92.39% in April 2025, falling from!-->…
Tinubu’s Mining Reforms Attract $800 Million and Spark Sector Boom — Alake
President Bola Tinubu’s mining reforms have significantly revitalized Nigeria’s solid minerals sector, leading to!-->…
Foreign trade payment rises to $267.96m – CBN
Nigeria’s foreign trade payments through Letters of Credit (LCs) increased by 3.68 percent year-on-year to $267.96!-->…
Trump Postpones EU Tariffs, Markets Rally as Trade Talks Resume
U.S. President Donald Trump has delayed the imposition of threatened 50% tariffs on European Union imports until!-->…
BoG Mandates Banks to Hold Reserves in Original Deposit Currencies from June_Ghana
Starting June 5, 2025, commercial banks in Ghana will be required to maintain their cash reserves in the same!-->…
Tinubu at Two: Energy Sector Grapples with Persistent Challenges Amid Modest…
As President Bola Tinubu’s administration marks its two-year anniversary, Nigeria’s energy sector remains deeply!-->…
AGI Expects Policy Rate Cut as Economic Conditions Improve
The Association of Ghana Industries (AGI) is anticipating a reduction in Ghana's policy rate, ahead of the Bank of!-->…
CBN Holds Interest Rate to Curb Inflation, Spur Growth Amid Fragile Economic Gains
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to maintain the benchmark!-->…
U.S. Markets Waver as Trump’s Tax Bill Raises Debt Fears
U.S. stock futures held steady Thursday morning after a sharp market decline the day before, as concerns over!-->…
UK 3.5% inflation surge deepens financial pressure on Nigerians abroad
Nigerians living in the United Kingdom are facing renewed financial challenges following a sharp rise in UK!-->…
Producer Price Inflation in Ghana Drops to 18.5% in April, Signaling Easing Cost…
Ghana’s Producer Price Inflation (PPI) saw a notable drop in April 2025, falling to 18.5% from 24.4% in March,!-->…
Nigeria’s Low GDP Per Capita Hinders Prosperity, Urgent Growth Needed — World Bank
Nigeria's economic output per person remains critically low, placing the country 146th out of 191 globally,!-->…
Nigeria’s Debt Service Soars 49% Amid Mounting Fiscal Pressures
Nigeria’s debt service payments surged by 49.2% year-on-year in the first four months of 2025, reaching $2.01!-->…
Naira Strengthens Across Markets, Hits N1,615/$ in Parallel Market
The Nigerian naira appreciated on Wednesday in both the parallel and official foreign exchange markets. In the!-->…
Global Markets Waver Amid U.S. Fiscal Concerns and Geopolitical Tensions
Global stock markets remained subdued while the U.S. dollar slipped on Wednesday as investors grew increasingly!-->…
BoG’s MPC Convenes 124th Meeting Amid Cedi Stability and Inflation Watch_Ghana
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has commenced its 124th meeting to evaluate the!-->…
Naira Strengthens Amid FX Reforms as CBN Marks Monetary Policy Milestone
The naira showed modest gains in both the official and parallel foreign exchange markets on Tuesday, appreciating!-->…
“U.S. Economic Woes Rattle Consumers, But Nestlé Gains Ground, CEO…
Nestlé CEO Laurent Freixe has acknowledged that American consumers are feeling the strain of an economic slowdown,!-->…
Nigeria Risks Losing $11bn Annually Over Digital Skills Gap, Experts Warn
Nigeria could forfeit an estimated $11 billion annually in potential economic growth due to a widening digital!-->…