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Macroeconomic
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…
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…
Japan’s Super-Long Bond Yields Hit Record Highs Amid Fears Over Weak Demand and…
Yields on Japan’s super-long government bonds surged to historic highs on Tuesday, fueled by investor concerns…
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…
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…
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…
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…
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…
Naira Strengthens Slightly to N1,597/$1 Ahead of MPC Meeting Amid Forex, BDC…
The Nigerian naira appreciated slightly to N1,597 per US dollar at the official market on Monday, showing modest…
Tinubu Approves Key Licenses for Kolmani Oil Project to Boost Northern Nigeria’s…
President Bola Tinubu has approved the issuance of crucial regulatory licenses for the Kolmani Integrated…
DAPPMAN Urges Full Access to Dangote Refinery as NNPCL Refineries Struggle to…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has stated that its members are…
Naira Shows Marginal Gains as Exchange Rate Gap Widens, Inflation Eases Slightly
The Nigerian naira ended the week with a slight appreciation against the U.S. dollar, closing at ₦1,599.01/$1 in…
FX Market on Edge as BDCs Scramble to Meet CBN’s Recapitalisation Deadline
The Nigerian foreign exchange market is witnessing growing tension as Bureau De Change (BDC) operators rush to…
U.S. Credit Downgrade Triggers Market Turmoil: Treasury Yields Rise, Dollar and…
Markets responded sharply after Moody’s downgraded the U.S. sovereign credit rating late Friday, citing concerns…
Kaduna Targets Foreign Investment to Tackle Illegal Mining and Drive Green Growth
Kaduna State is actively seeking foreign investment to transform its solid minerals sector, combat illegal mining,…
CBN Reduces Federal Government Loans by ₦4.1tn Amid Major Policy Shift
The Central Bank of Nigeria (CBN) significantly reduced its net loans and receivables by over ₦4.1 trillion in…
Nigeria’s Inflation Rate Eases to 23.7% in April – NBS Report Shows Slight Relief
In a new report released by the National Bureau of Statistics (NBS), Nigeria's headline inflation rate dropped…
Bank of Ghana Governor Calls for Continental Coordination to Boost Digital Finance…
Dr. Johnson Asiama, Governor of the Bank of Ghana, has stressed the importance of scaling digital assets and…
BoG to Restrict Over-the-Counter Dollar Withdrawals as Cedi Strengthens-Ghana
Ghana’s central bank is stepping up its efforts to protect the cedi’s recent gains by targeting over-the-counter…
Federal Gov’t Unveils $500m Climate Investment Platform, Targeting Sustainable…
The Nigerian government has launched the Nigerian Climate Investment Platform (NCIP), a pioneering initiative…
Digital Lending Surge in Nigeria: 425 Licensed Lenders Amid Concerns Over…
The number of licensed digital lending companies in Nigeria has surged to 425 as of May 2025, a significant…
Development Banks Launch $610M Initiative to Combat Climate Change and Fragility…
The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have announced a joint $610 million…