Browsing Category
Macroeconomic
Tinubu Making Courageous Decisions To Fix Nigeria’s Economy – VP Shettima
Vice President Kashim Shettima praised President Bola Ahmed Tinubu for making courageous and transformative…
Foreign Investors Withdraw N420bn from Nigerian Stock Market Amid Economic…
In the first quarter of 2025, foreign investors pulled out a massive N420.37 billion from the Nigerian Stock…
GUTA President Urges Urgent VAT Reform to Cut Business Costs Ahead of 2025…
As someone following Ghana's business climate closely, I found it striking that the President of the Ghana Union…
World Bank Flags NNPCL for Withholding Half of Fuel Subsidy Savings
The World Bank has raised a red flag over the Nigerian National Petroleum Company Limited (NNPCL) for remitting…
Treasury Yields Dip as Investors Weigh Mild Inflation and Easing Trade Tensions
U.S. Treasury yields edged slightly lower on Wednesday as investors processed new economic data and trade…
Lagos Rakes in Over N1 Trillion in Investments, Sets Sights on 2025 Economic…
In a major economic milestone, the Lagos State Government has announced that it attracted over N1 trillion in…
CBN Gears Up for Historic 300th MPC Meeting Amid Signs of Economic Recover
The Central Bank of Nigeria (CBN) is set to hold its 300th Monetary Policy Committee (MPC) meeting on May 19–20,…
NGX Bounces Back with N314 Billion Gain as Investors Hunt for Bargains
The Nigerian Exchange (NGX) saw a strong rebound yesterday, reversing earlier losses as investors took advantage…
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,…