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Macroeconomic
Nigerian Government Grants 47 Refinery Licenses to Boost Domestic Production and…
In a significant move to enhance Nigeria's refining capacity and reduce reliance on imported petroleum products,…
Nigerian Exporters Urged to Adopt Self-Sustaining Forex Strategies to Reduce CBN…
Nigerian exporters have been advised to reduce their reliance on the Central Bank of Nigeria (CBN) for foreign…
World Bank Applauds Nigeria’s Strong GDP Growth, Urges Continued Economic Reforms
The World Bank has praised Nigeria’s recent economic progress, specifically its 3.4% GDP growth in 2024, the…
Nigeria’s Inflation Climbs to 24.23% as Cost of Healthy Diet Doubles — NBS…
Nigeria's inflation rate has surged yet again, hitting 24.23% in March 2025, according to fresh data from the…
Ghana Economists Urge Swift Action for IMF’s $370 Million Approval Amid Economic…
Economists in Ghana are urging the government to expedite efforts in securing the necessary assurances from the…
Analysts Predict Temporary Easing of Inflation in April Amidst Economic Pressures
Economic analysts are cautiously optimistic that Nigeria could see some easing in inflation for April 2025,…
FAAC Allocation Drops for Third Month to N1.57tn Amid Fiscal Pressures
The Federation Account Allocation Committee (FAAC) reported a continued decline in revenue shared among the…
Nigerians Fear Losses as CBEX Investment App Locks Users Out Amid Crash Fears
In a distressing turn of events, Nigerian users of the digital investment platform CBEX are voicing their fears…
Nigeria’s Inflation Rate Climbs to 24.23% in March 2025 Amid Rising Economic…
Nigeria’s inflation rate has surged to 24.23% in March 2025, as reported by the National Bureau of Statistics…
FCT Hits 95% Budget Execution in 2024 – Wike
Nyesom Wike, the Minister of the Federal Capital Territory (FCT), has reported an impressive 95% implementation of…
U.S Stock Futures Rise on Auto Tariff Exemption Hopes Amid Ongoing Uncertainty
U.S. stock index futures edged higher on Tuesday, driven by optimism that the auto sector could receive tariff…
China Pushes Back on U.S. Deep-Sea Metal Stockpile Plans, Citing International Law
So according to a recent report, the U.S. is apparently working on plans to stockpile deep-sea metals from the…
March Inflation Expected to Hold at 23.18% Amid Balancing Forces in Food, FX, and…
Analysts are projecting that Nigeria’s headline inflation for March 2025 will likely stay relatively flat around…
Lagos Partners with REA to Expand Renewable Energy Access and Bridge Power Gaps
In a decisive move to tackle Lagos State’s longstanding energy challenges, the Lagos State Government has signed a…
CBN Advocates for Stronger Banks to Achieve $1 Trillion Economy by 2030
The Central Bank of Nigeria (CBN) has emphasized the need for resilient and stable banks in achieving the nation's…
Banks Essential to Nigeria’s $1 Trillion GDP Target, CBN Says
Nigeria’s ambition to reach a $1 trillion GDP by 2030 heavily relies on the banking sector’s ability to increase…
GNCCI Warns Ghana’s 2025 Inflation Target at Risk Due to Rising Costs and Policy…
The Ghana National Chamber of Commerce and Industry (GNCCI) has raised concerns that the country's 2025 inflation…
Naira Weakens as Dollar Index Hits 2022 Lows Amid Growing Market Concerns
The Nigerian naira saw slight gains in the country’s foreign exchange market, with official rates hovering near…
OPEC Lowers Oil Demand Forecast as US Tariffs Rattle Global Markets
OPEC has revised its global oil demand growth forecast for 2025, trimming it to 1.3 million barrels per day (bpd),…
Entrepreneurs Applaud FCMB’s BEST Programme for Boosting Business Growth
First City Monument Bank (FCMB) is receiving widespread praise for its recent Business Empowerment, Sustainability…
African Trade Ministers to Address Trump’s Tariff Threat
African Trade Ministers from across the continent are convening on Monday, April 14, 2025, to discuss the newly…
Banks and Manufacturers Overcome Economic Challenges to Post Impressive Profits…
Despite Nigeria's economic struggles, including high inflation, a depreciating naira, and rising interest rates,…
Trump’s Escalating Trade War with China Poses High Stakes for U.S. Economy
President Donald Trump’s trade war with China has reached a critical juncture, as rising tariffs threaten to push…
Insurance Operators Urged to Drive Reforms for National Development
Insurance sector operators have been called upon to implement significant reforms aimed at improving the…
SEC Cracks Down on Unregistered Digital and Forex Trading Platforms Under New ISA…
The Securities and Exchange Commission (SEC) of Nigeria has announced a ban on the operation of digital asset…
Investors Cautious as NGX Sheds N440bn Amid Economic Jitters
The Nigerian Exchange (NGX) faced a sharp downturn last week, with market capitalisation dropping by N440.51…
Fitch Upgrades Nigeria’s Credit Rating to Stable Amid Reforms and Economic…
Fitch Ratings has upgraded Nigeria’s credit rating to ‘B’ with a stable outlook, reflecting the country’s economic…
ISA 2025 Ushers in Bold Reforms to Transform Nigeria’s Capital Market
The newly enacted Investments and Securities Act (ISA) 2025 has been hailed as a landmark reform that resets…
Vegetable Exporters Urge AfCFTA to Address Trade Barriers Impeding Intra-African…
The Vegetable Producers and Exporters Association of Ghana has called on the African Continental Free Trade Area…
Nigeria’s Economy Faces Strain as Global Oil Prices Drop to Four-Year Low Amid…
Global oil prices have plunged to a four-year low due to escalating US-China trade tensions and rising concerns…