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Macroeconomic
CBN Raises N2.93trn from T-Bills and OMO Auctions Amid Strong Investor Demand
In a significant move, the Central Bank of Nigeria (CBN) successfully raised N2.93 trillion through Treasury Bills…
Nigeria Poised for Economic Resilience Amid Global Uncertainties, Says Finance…
Nigeria’s economic outlook remains positive despite global uncertainties, according to Wale Edun, the Minister of…
Nigeria’s Debt Servicing Costs Soar to N8.9tn, Straining Public Finances
Nigeria’s debt servicing costs have skyrocketed to N8.9 trillion in the first nine months of 2024, surpassing the…
IMF Boss commends Ato Forson for strong commitment to economic reforms
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has praised Ghana’s Finance…
Nigeria’s Carbon Market Policy Set to Unlock $2.5 Billion by 2030, Drive Green…
President Bola Ahmed Tinubu has unveiled Nigeria’s newly finalised Carbon Market Activation Policy, projected to…
Nigeria Records $15.2 Billion Net Forex Inflow in Q1 2025 Amid Deepening Market…
Nigeria’s foreign exchange (FX) market posted a net inflow of $15.2 billion in Q1 2025, signaling a sharp boost in…
Jimoh Ibrahim Urges IMF to Anchor African Economic Projections on Empirical Data
At the IMF/World Bank Spring Meetings in Washington DC, Nigerian Senator and business leader Jimoh Ibrahim…
Cardoso’s Global Diplomacy to Strengthen Nigeria’s Economy and Investor Confidence
In April 2025, during the International Monetary Fund (IMF) and World Bank’s Spring Meetings in Washington, DC,…
Nigerians Save N75.65 Trillion in Quasi-Money Amid Economic Uncertainty, CBN…
Amid ongoing economic challenges, Nigerians have increasingly turned to savings and low-risk financial…
World Bank Partners with Ghana to Create 500,000 Jobs for Youth Annually
The World Bank has announced its commitment to helping Ghana address its youth unemployment crisis through a new…
IMF Urges Nigeria to Strengthen Subsidy Reforms and Fiscal Discipline Amid Rising…
The International Monetary Fund (IMF) has stressed the importance of fiscal discipline in Nigeria, particularly in…
IMF Warns Nigeria of Fiscal Strain as Global Tensions Threaten Oil Revenue
Nigeria is facing mounting fiscal pressure as the International Monetary Fund (IMF) warns that intensifying global…
Nigerians Boost Savings as Quasi-Money Climbs 3.65% in March 2025 Amid Economic…
Nigerians are leaning into savings as the economy faces continued uncertainty, with quasi-money—highly liquid…
IMF Warns of Growing Global Financial Stability Risks Amid Tightening Conditions…
The International Monetary Fund (IMF) has issued a warning about rising global financial stability risks, driven…
Trump Slams Fed Chair Powell, Triggering Market Turmoil and Dollar Slide
U.S. financial markets took a sharp dive on Monday after President Donald Trump publicly lashed out at Federal…
IMF Forecasts Nigeria’s Inflation to Reach 37% by 2026 Amid Economic…
The International Monetary Fund (IMF) has projected that Nigeria's headline inflation will surge to 37% in 2026,…
Naira in Circulation Drops to N5tn as of March 2025 Amid Tightened Monetary Policy
As of March 2025, Nigeria's currency in circulation dropped to N5 trillion, reflecting a decrease from N5.04…
IMF Cuts Global Growth Forecast for 2025 Amid Escalating Trade Tensions and Policy…
The International Monetary Fund (IMF) has downgraded its global growth forecast for 2025, now predicting an…
Ghana’s Energy Sector Poses Major Economic Threat, Says Finance Minister Ato…
Ghana's Minister of Finance, Dr. Cassiel Ato Forson, has identified the energy sector as the most pressing…
Tinubu Urges Deeper ECOWAS Integration to Harness AfCFTA’s Promise
At the ECOWAS Golden Jubilee event in Accra, Nigerian President Bola Tinubu, represented by Ambassador Bianca…
Customs Eyes Return of 4% FOB Charge Amid Ongoing Duty Relief Efforts
The Nigeria Customs Service (NCS) has announced plans to reintroduce the controversial four per cent Free-on-Board…
China Warns Nations Against US Trade Deals That Undermine Its Interests
China has issued a stark warning to countries considering trade deals with the United States that could harm its…
Naira Hits N1,845/€ on Easter Monday as Euro Climbs to 3-Year High Against the…
On Easter Monday, the Nigerian naira traded at N1,845 against the euro on the black market, marking a slight…
Dollar Falls to Lowest Point Since March 2022 Amid Economic Uncertainty
The US dollar experienced a significant depreciation on Monday, hitting its lowest point since March 2022, as…
FX Volatility Drives 9% Increase in Local Inputs Sourcing by Nigerian…
In 2024, the ongoing foreign exchange (FX) volatility in Nigeria caused a significant shift in the manufacturing…
Ghana Surpasses IMF Reserve Target Early, Strengthening Economic Outlook
Ghana has successfully exceeded a key milestone in its ongoing IMF program, surpassing its gross international…
Ghana to Face Minimal Economic Impact from New US Tariffs, Fitch Solutions Report
Ghana is expected to experience relatively minor economic disruption from the new US tariffs, according to a…
IFC Provides Financing Package to Cameroon’s First African Company
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a partnership with…
CBN Mulls Interest Rate Hike as Money Supply Soars to N114.2tn
The Central Bank of Nigeria (CBN) may be gearing up to raise interest rates in May, as inflationary pressures…
IMF Urges Ghana and Affected Nations to Accelerate Reforms Amid Trade Tariff…
The International Monetary Fund (IMF) is calling on Ghana and other countries impacted by the United States'…