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 (JGBs) amid rising yields and…
Category: Macroeconomic
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 changes introduced by the United…
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 Nigeria’s…
Breaking:Foreign Portfolio Inflows to Nigerian Stock Market Plunge 92% in April Amid Global Trade Uncertainty
Foreign portfolio investment into Nigeria’s equities market nosedived by 92.39% in April 2025, falling from N349.97 billion in March to…
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 a sixfold revenue increase and attracting…
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 million in the first…
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 July 9, giving…
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 currency…
Tinubu at Two: Energy Sector Grapples with Persistent Challenges Amid Modest Progress
As President Bola Tinubu’s administration marks its two-year anniversary, Nigeria’s energy sector remains deeply entangled in both domestic and international…
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 Ghana’s…
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 interest rate…
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 President Donald…
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 inflation, which jumped…
Producer Price Inflation in Ghana Drops to 18.5% in April, Signaling Easing Cost Pressures
Ghana’s Producer Price Inflation (PPI) saw a notable drop in April 2025, falling to 18.5% from 24.4% in March, according…
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, according to the World…
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 $2.01 billion, up from…
Naira Strengthens Across Markets, Hits N1,615/$ in Parallel Market
The Nigerian naira appreciated on Wednesday in both the parallel and official foreign exchange markets. In the parallel market, 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 uneasy over mounting fiscal…
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 country’s…
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 to N1,625/$1 in…
“U.S. Economic Woes Rattle Consumers, But Nestlé Gains Ground, CEO Says”
Nestlé CEO Laurent Freixe has acknowledged that American consumers are feeling the strain of an economic slowdown, a situation intensified…
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 skills gap, according…
BudgIT Uncovers N6.93 Trillion Worth of Questionable Projects in 2025 Budget
BudgIT, a civic technology organization advocating for transparency in public finance, has uncovered that the National Assembly inserted 11,122 projects…
Japan’s Super-Long Bond Yields Hit Record Highs Amid Fears Over Weak Demand and BOJ Policy Shift
Yields on Japan’s super-long government bonds surged to historic highs on Tuesday, fueled by investor concerns over weak demand following…
CBN Faces Crucial Decision as Inflation Cools Amid Global Uncertainty
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) convenes today amid high anticipation from economists and investors, as…
Cautious Optimism in Ghana’s Bond Market as Secondary Trading Rises
Ghana’s bond market witnessed a notable surge in secondary trading activity last week, with the total value of trades increasing…
Dollar Faces Continued Weakness as Global Confidence in U.S. Assets Wanes
The U.S. dollar is facing mounting pressure as investors increasingly perceive it as overvalued, despite recent declines. Weakened faith in…
FX Market Turnover Rises to $1.76bn Amid Sharp Decline in Derivatives Activity
The Nigerian foreign exchange (FX) market recorded a slight uptick in trading activity last week, with total turnover across the…
Nigeria Eyes $1 Trillion Economy Through Capital Market Reforms and Innovation
The Federal Government of Nigeria has reiterated its ambition to achieve a $1 trillion economy by leveraging private sector innovation…
Naira Strengthens Slightly to N1,597/$1 Ahead of MPC Meeting Amid Forex, BDC Sector Tensions
The Nigerian naira appreciated slightly to N1,597 per US dollar at the official market on Monday, showing modest improvement from…