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Macroeconomic
European Stocks Stabilize as Dollar Weakens Further Amid Trade Truce and Inflation…
European stock markets remained steady on May 14, 2025, following a significant rally driven by easing global…
Abia State Partners with MTN Nigeria to Drive Digital Transformation and Economic…
The Abia State Government has signed a Memorandum of Understanding (MoU) with MTN Nigeria to advance its digital…
World Bank Criticizes Nigeria’s Conditional Cash Transfer Program for Failing to…
The World Bank has criticized Nigeria’s conditional cash transfer program, launched by the Federal Government in…
Tullow Ghana Resumes Gas Supply to Atuabo After FPSO Technical Glitch
Tullow Ghana has officially resumed gas exports to the Atuabo Gas Processing Plant after addressing a technical…
Nigerians, others to be affected as US plans 5% tax on remittances
The United States is considering a new bill that could significantly impact Nigerians and other immigrants sending…
CBN’s Tight Monetary Policy May Cut Inflation to 22.1% in 2025 – World Bank
The World Bank has projected that Nigeria's inflation rate could drop to an average of 22.1% in 2025, thanks to…
Agriculture Sector Drives Economic Growth in April 2025, Marks 9th Consecutive…
Economic activities in Nigeria experienced consistent growth for the fifth consecutive month in April 2025, with a…
Nigeria’s External Reserves Hit 8-Month Low Amid Foreign Debt Payments and…
Nigeria's external reserves have fallen to their lowest levels in eight months, reaching $37.9 billion by the end…
Global Fund Managers Slash Dollar Exposure Amid U.S.-China Trade Thaw
In May, global fund managers marked their most significant retreat from the U.S. dollar since 2006, according to…
Nigeria’s Tax Overhaul: Key Reforms Aimed at Economic Growth and Revenue…
In a historic move last week, the Nigerian Senate passed a suite of tax reform bills aimed at revitalizing the…
World Bank Admits Nigeria’s Economic Progress, Says Prices Remain High
Nigeria’s journey toward achieving a $1 trillion economy has received cautious recognition from the World Bank,…
World Bank Flags NNPCL Over Incomplete Fuel Subsidy Remittances
The World Bank has raised concerns over the Nigerian National Petroleum Company Limited (NNPCL)'s handling of…
Naira Strengthens to ₦1,597.7/$1 at Official Market as CBN Policies Begin to Take…
The Nigerian naira gained strength against the US dollar on Monday, closing at ₦1,597.7/$1 in the official foreign…
Forex Market Speculators Struggle Amid CBN’s Regulatory Reforms and Strengthened…
The Nigerian foreign exchange (forex) market has been facing a major overhaul as the Central Bank of Nigeria (CBN)…
Ghana Cedi Set to Strengthen in 2025, Buoyed by Remittances and Economic Growth –…
The Ghanaian cedi is expected to appreciate against major international currencies in 2025, marking a potential…
Asian Markets Lose Steam as Trade War Truce Fails to Inspire Confidence
Asian stocks faltered and the U.S. dollar weakened on Tuesday, despite initial optimism around a 90-day pause in…
Nigeria’s Creative Economy Targets $100 Billion Boost by 2030 – Minister Musawa
The Minister of Art, Culture, Tourism, and the Creative Economy, Hannatu Musawa, has revealed the government’s…
World Bank Reports Positive Shift in Nigeria’s Economy, Urges Inclusive…
The World Bank has reported a notable improvement in Nigeria’s macroeconomic situation, attributing it to a series…
U.S. and China Slash Tariffs in 90-Day Truce Amid Trade War Tensions
In a significant but temporary easing of trade tensions, the United States and China have agreed to reduce tariffs…
Tinubu’s “Nigeria First” Policy Set to Boost Local Industry and Jobs, Says NASENI
President Bola Ahmed Tinubu’s recently launched “Nigeria First” policy has received strong backing from the…
Gov’t Misses GHS169m T-Bill Target as Yields Continue to Dip-GHANA
The Bank of Ghana’s latest auction results revealed that the government missed its T-bill target by GHS169…
US-China Agree to Slash Tariffs in Breakthrough Deal, Easing Global Economic Fears
In a major development, the United States and China have agreed to cut tariffs to a 10% baseline for 90 days,…
From Aid to Industry: How Africa’s Informal Sector and Youth Could Drive Inclusive…
For decades, many African nations have relied heavily on foreign aid to fund healthcare, education, and emergency…
US and China Reach Breakthrough Trade Deal in Geneva: Path Cleared for Economic…
After two days of tense negotiations in Geneva, the United States and China have reached a critical trade…
Bank of Ghana Warns Public About Foreign Investment Scams
The Bank of Ghana has issued a strong warning to the public regarding the growing threat of illegal foreign…
CBN Ups Treasury Bills Offer to N550bn Amid Softer Demand, Shifting Investor Focus
The Central Bank of Nigeria (CBN) has increased its Treasury Bills (T-Bills) Primary Market Auction offer from…
Lagos Approves Over 37,000 Building Permits in Six Years, Boosts Urban Development
Over the past six years, the Lagos State Government has approved a total of 37,266 building planning permits to…
Nigeria Moves to Capture $31.8M Informal Export Trade: NEPC and NBS Sign MoU
In a bid to improve the accuracy of Nigeria’s trade statistics, the Nigerian Export Promotion Council (NEPC) and…
Global Food Prices to Drop by 7% in 2025, Led by Declining Rice Costs-GHANA
Global food prices are expected to see a significant decline in 2025, marking a second consecutive year of lower…
GSS Urges Collective Action to Sustain Falling Inflation Trend in Ghana
In its latest update, the Ghana Statistical Service (GSS) reported a slight but consistent decline in national…