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Macroeconomic
Ghana’s Producer Price Inflation Dips to 24.4% in March Amid Sectoral Shifts and…
Ghana’s Producer Price Inflation (PPI) saw a notable decline in March 2025, falling to 24.4% from 27.6% the…
Ghana Rolls Out $1M Fund to Empower Northern Farmers and Boost Food Security
In a bold move to strengthen agriculture and combat food insecurity in the northern parts of the country, Ghana's…
Stakeholders Push for Stronger Monitoring to Accelerate Ghana’s Industrial Growth
In a timely call to action, stakeholders are emphasizing the urgent need for stronger monitoring and evaluation…
Crypto Market Sheds $633.5 Billion in Q1 2025 Amid Recession Jitters and Investor…
The crypto market took a serious hit in the first quarter of 2025, losing over $633 billion in market value—a drop…
Trump’s 90-Day Tariff Pause and Its Global Trade Impact
In a sudden shift, former U.S. President Donald Trump announced a 90-day pause on tariffs, which had previously…
Nigeria’s March 2025 Inflation: Rising Pressures and Unexplained Data…
In March 2025, Nigeria’s inflation rate rose to 24.23% from 23.18% in February, marking the first increase since…
EU Eyes Nigeria’s Solid Minerals for Trade and Investment Expansion
The European Union (EU) has shown significant interest in expanding trade and investment in Nigeria’s solid…
ECOWAS Bank Appoints Ghana’s Finance Minister Cassiel Forson as New Chairman
The ECOWAS Bank for Investment and Development (EBID) has appointed Dr. Cassiel Ato Forson, Ghana’s Minister of…
Turning Trade Tensions into Opportunity: How Nigeria Can Leverage Global Shifts…
With the ongoing trade rift between the US and several countries—including Nigeria—the Chartered Institute of…
Naira Weakens Slightly to N1,604/$1 in Official Market, Stakeholders Optimistic…
The naira closed at N1,604 to the dollar on Tuesday, slightly weaker from the previous day’s N1,599. The official…
Nigeria-China Currency Swap at Risk as Trade Imbalance Widens — CBN Warns
The Central Bank of Nigeria (CBN) has expressed concern that the persistent trade imbalance between Nigeria and…
Petrol Prices May Drop to N800/Litre as Dangote Refinery Slashes Rates Amid…
Petrol prices in Nigeria could soon fall to around N800 per litre due to a combination of declining global crude…
Naira Stabilizes as FX Market Liquidity Improves, Dollar Rate Inches Down
The Nigerian naira remained stable on Tuesday at the official foreign exchange (FX) market, closing slightly…
Fitch projects Nigeria’s external debt service to hit $5.2bn in 2025
Fitch Ratings has projected a sharp increase in Nigeria’s external debt service, expecting it to rise to $5.2…
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…