Browsing Category
Macroeconomic
World Bank Warns Rising Air Conditioner Use Could Strain Nigeria’s Power Grids
The World Bank has raised concerns over the rising use of air conditioners in Nigeria and other developing…
NSIA’s 2025 Impact: Driving Nigeria’s Economic Growth Through Strategic…
In 2025, the Nigeria Sovereign Investment Authority (NSIA) has firmly established itself as more than just a…
US Fed Rate Cut Could Ease Pressure on Naira, Analysts Say
The United States Federal Reserve’s decision to lower its key interest rate by 25 basis points to a range of…
Naira Holds Steady at N1,950/£1 as British Pound Faces Economic Pressure
The Nigerian naira has shown resilience against the British pound, trading at N1,950/£1 in the official market.…
Nigeria’s Trade Surplus Hits N6.69tn in Q3 2025 as Exports Outpace Imports
Nigeria posted a trade surplus of N6.69 trillion in the third quarter of 2025, reflecting a 27.29% year-on-year…
European Markets Rise as Swiss Central Bank Holds Rates at 0% Amid Cooling…
European stocks closed higher on Thursday as investors weighed the U.S. Federal Reserve’s latest rate cut and the…
Dollar Weakens as Fed Signals Dovish Tilt, Markets Anticipate Two Rate Cuts in…
The U.S. dollar dipped on Thursday after the Federal Reserve delivered a less hawkish outlook than investors had…
Global Trade Growth Set to Slow in 2026, UN Warns
Global trade and economic growth are expected to slow in 2026, the United Nations Conference on Trade and…
Naira Records Mild Depreciation at Official FX Market to N1,451.86/$
Nigeria’s currency saw a modest decline at the official foreign exchange market on Monday, closing at N1,451.86/$,…
FG Directs MDAs to Roll Over 70% of 2025 Capital Budget into 2026
The Federal Government (FG) has directed all ministries, departments, and agencies (MDAs) to roll over 70% of their…
Nigeria’s GDP Growth Projected at 4.1% in 2026 Driven by Non-Oil Sector Expansion
Nigeria’s economy is set to expand at a moderate pace in 2026, with GDP growth projected at 4.1 per cent, slightly…
BREAKING: Nigeria’s external reserves surpass $45 billion – first time in 6 years
Nigeria’s external reserves have officially crossed the $45 billion mark, marking the first time in six years that…
Naira Set to Break N1,445/$ as Fed Rate Cut Expectations Boost Nigerian Currency
The Nigerian Naira has maintained relative stability against the US dollar in the official market, even as…
PENGASSAN Urges FG to Expose Sponsors of Terrorism Amid Rising Insecurity in…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government…
Nigeria’s GDP Grows in Q3 2025, but CPPE Warns of Rising Cost of Living
Nigeria’s economy recorded a year-on-year GDP growth of 3.98% in the third quarter of 2025, according to the latest…
Nigeria’s Business Confidence Hits 13-Month High on Stable FX and Easing Inflation
Nigeria’s business confidence has reached its highest level in over a year, buoyed by easing inflationary pressures…
CBN Holds Interest Rate at 27% as Disinflation Advances and Economy Stabilises
The Central Bank of Nigeria has once again held the Monetary Policy Rate at 27 per cent, choosing caution as the…
Nigeria’s GDP Set for 4.22% Rebound in Q4 2025 as Economy Strengthens — Report
Nigeria’s economy is expected to close the year on a stronger note, as analysts at CardinalStone project a rebound…
Nigeria’s Business Confidence Index Hits 111.3 as Key Sectors Expand in October…
Nigeria’s business climate continued to show promising signs of recovery in October 2025, with the Business…
Bayer Shares Surge 11% as U.S. Government Supports Curbing Roundup Lawsuits –…
European stocks inched higher on Tuesday as investors cautiously stepped back into markets following a broad…
Champion Breweries Profit 2025 Set to Hit Record N3.12bn on Stable Naira and…
Champion Breweries is poised to deliver its highest full-year profit in history, with analysts forecasting net…
Bank of Ghana Cuts Policy Rate to 18% Amid Falling Inflation and Strong Economic…
The Bank of Ghana (BoG) has cut its policy rate by 350 basis points to 18 percent, signaling a decisive shift…
Nigeria Loses $10 Billion Annually to Post-Harvest Waste, Agritech CEO Warns
Nigeria is losing an estimated $9–10 billion each year due to post-harvest waste, a staggering loss that threatens…
Nigeria’s GDP Rises to 3.98% in Q3 2025 as Agriculture and Industry Drive Economic…
Nigeria’s economy continued its upward trajectory in the third quarter of 2025, with the National Bureau of…
Nigeria’s GDP Slows To 3.98% In Q3 2025
Nigeria’s Gross Domestic Product slowed down to 3.98 per cent (year-on-year) in real terms in Q3 2025, lower than…
AfDB and EIB Commit $275M to Boost Mauritania Mining Railway Investment
The African Development Bank (AfDB) and European Investment Bank (EIB) have joined forces in a landmark $275…
Ghana’s Public Debt Hits GH¢684.6bn in Q3 2025 Despite Strong Year-Long Decline
Ghana’s public debt rose to GH¢684.6 billion in the third quarter of 2025, marking an increase of GH¢71.6 billion…
CBN Corridor Shift Sparks Broad Yield Decline Across Nigerian Financial Markets
Nigeria’s financial markets have responded sharply to the Central Bank of Nigeria’s (CBN) recent adjustment of its…
Bank of Ghana Cuts Interest Rate to 18% as Inflation Continues to Fall
The Bank of Ghana has announced a significant reduction in its benchmark interest rate, lowering it by 350 basis…
Nigeria’s VAT Revenue Hits N2.06 Trillion in Q2 2025, Driven by Manufacturing and…
Nigeria’s Value Added Tax (VAT) revenue remained largely stable at N2.06 trillion in the second quarter of 2025,…