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Macroeconomic
Nigeria’s Debt Servicing Hits Four-Year High Amid Rising Borrowing and…
Nigeria's debt repayment reached a four-year high of $4.65 billion in 2024, marking a 32.9% increase from the…
Nigerian Equity Market Recovers with N369bn Gain, Boosting Investor Confidence
The Nigerian equity market experienced a strong rebound on Monday, gaining N369 billion as the All-Share Index…
China’s Vice Premier Meets Blackstone Chairman to Discuss Economic Cooperation
In a significant meeting in Beijing, China's Vice Premier He Lifeng met with Stephen Schwarzman, the Chairman of…
Borrowing Costs Expected to Rise as Nigeria Faces Tightening Banking Liquidity
Businesses in Nigeria may soon experience higher borrowing costs due to a continued dip in banking system…
China’s Economic Resilience and Business Potential Highlighted at Forum…
Vice Premier He Lifeng reassured foreign business leaders about China’s economic prospects during the China…
Ghana Government Falls Short of Treasury Bill Target by GH¢2.8 Billion
In its latest Treasury bill auction, the Ghanaian government has missed its target by GH¢2.8 billion, marking the…
European Markets Rise on Germany’s Debt Reform and Trump-Putin Call
European stock markets closed higher on March 18, 2025, with investors focusing on key developments including…
Revitalizing Nigeria’s Creative Economy: CBN’s Push for a $25 Billion…
The Central Bank of Nigeria (CBN), in partnership with the Bankers’ Committee, is spearheading efforts to…
Bank of Ghana’s MPC Holds Key Meeting Amid Economic Pressures
The Bank of Ghana’s Monetary Policy Committee (MPC) has started its 123rd meeting today, which will focus on…
Naira struggles at official window, depreciates to 1536/$
The naira faced significant challenges at the official exchange rate window last week, depreciating by 1.25% to…
China Encouraged to Increase Investments and Technology Transfer to Boost…
Nigeria's Honourable Minister of Works, David Umahi, recently urged the Chinese government to enhance its…
African Finance Ministers Push for Immediate AfCFTA Implementation to Drive Trade…
The 57th session of the Conference of African Ministers of Finance, Planning, and Economic Development, held in…
FG Moves to Harmonize Fiscal Data for Economic Stability and Investor Confidence
The Federal Government of Nigeria is taking proactive steps to harmonize fiscal data across various government…
FG Focuses on Reducing Production Costs to Tackle Food Inflation and Improve…
The Nigerian government is taking steps to address food inflation and accessibility by reducing production costs…
Hong Kong Markets Drop Over 2% Amid U.S. Economic Uncertainty, Asia’s Stock…
Hong Kong’s stock market took a significant hit on Friday, with the Hang Seng Index plunging 2.19% to end the day…
Naira Holds Steady Against Dollar in Black Market, Slightly Depreciates Officially
The naira remained stable against the dollar at the parallel foreign exchange market on Thursday, closing at…
Naira Faces Growing FX Liquidity Risk Amid Economic and Geopolitical Challenges
The Nigerian naira is facing increasing pressure in the foreign exchange market as it depreciated to N1,580/$ in…
Japan’s Core Inflation Hits 3%, Boosting Expectations of BOJ Rate Hike
Japan's core inflation rate reached 3.0% in February, maintaining pressure on the Bank of Japan (BOJ) to consider…
Bank of Ghana Faces Tough Decisions Amid Economic Challenges
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will hold its 123rd meeting starting March 24,…
FCMB Expands Presence with New Branch in Ogbomosho
First City Monument Bank (FCMB) has officially opened a new branch in Ogbomosho, aimed at boosting financial…
Sanwo-Olu Advocates for Stronger Market Connectivity to Promote Sustainable…
Lagos State Governor Babajide Sanwo-Olu has reaffirmed his commitment to enhancing market connectivity between…
Deloitte: Ghana’s 4% GDP Growth Target for 2025 Feasible but Faces Key Risks
Deloitte has affirmed that Ghana's 4% GDP growth target for 2025 is achievable, especially following the 5.7%…
65.5% of Nigerians Advocate for Lower Lending Rates, CBN Survey Reveals
A new survey by the Central Bank of Nigeria (CBN) has revealed that 65.5% of Nigerian households support a…
Fed’s Dot Plot Eases Investor Concerns, U.S. Markets Surge as Interest Rate…
The U.S. Federal Reserve's decision to keep interest rates steady and maintain a forecast of two rate cuts in 2025…
Naira Gains Slightly to 1530.52/$ Amid Stability Efforts and Structural Reforms
The Nigerian naira showed a marginal appreciation of 0.16% on Wednesday, closing at 1530.52/$ compared to the…
CBN’s Bank Recapitalisation and FX Reforms Pave Path to $1 Trillion Economy by…
The Central Bank of Nigeria (CBN) is implementing a series of strategic reforms to strengthen the nation’s…
Fed Holds Interest Rates Steady as Economic Projections Reflect Uncertainty Amid…
The Federal Reserve is expected to maintain its policy interest rates in the 4.25%-4.50% range, while releasing…
Exporters and Non-Bank Corporates Lead Nigeria’s Dollar Inflows as Naira…
Exporters and non-bank corporates were the main contributors to Nigeria’s dollar inflows, accounting for 64% of…
Ghana’s 2025 Budget Allocation to Agriculture Deemed Insufficient by…
In the 2025 national budget, only GH¢1.5 billion, representing 0.54% of the total GH¢279 billion, has been…
European Markets Rise as Germany Passes Debt Reform, Trump and Putin Discuss…
European stock markets saw a positive close on Tuesday, with investor attention focused on Germany's approval of a…