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Macroeconomic
Trump’s Trade War Deepens Nigeria’s Fiscal Crisis, Puts N55tr Budget at Risk
Nigeria is facing significant fiscal challenges as global economic uncertainties, including the trade war…
Naira Weakens to N1,629 per Dollar on Official Market Amid Rising Dollar Demand
Nigeria’s foreign exchange market saw increased pressure on Monday, with the naira dropping to N1,629 per dollar…
BDC Operators Advocate Economic Partnerships with India, China Amid U.S. Tariff…
The Association of Bureau de Change Operators of Nigeria (ABCON) has urged the Nigerian government to explore…
Trump’s Tariff Threats Spark Global Selloff, Shake Nigeria’s Markets
Nigeria’s financial markets faced turbulence this week as renewed trade tensions, sparked by former US President…
Yen and Swiss Franc Top Safe-Haven Picks Amid Trump Tariffs, Analysts Say
In light of President Donald Trump’s recent announcement of reciprocal tariffs, investors are flocking to…
Nigeria’s Financial Markets in Turmoil as Trump Tariffs Trigger Global…
Nigeria’s financial markets are grappling with volatility amid global disruptions caused by renewed tariff threats…
Trump’s 14% Tariff on Nigerian Exports Poses Threat to $6 Billion Annual Revenue
The recent imposition of a 14% tariff by U.S. President Donald Trump on Nigerian exports has raised serious…
CBN Intervenes in FX Market as Naira Struggles Amid Trump Tariffs and Oil Price…
The Central Bank of Nigeria (CBN) stepped in to stabilize the foreign exchange market on Friday by selling $197.71…
Nigeria Considers Strengthening Trade Ties with China, EU, and BRICS in Response…
In response to the imposition of new US tariffs, Nigerian fund managers from Cory Assets Management Limited, led…
WTO Director-General Okonjo-Iweala Warns Trump Over New Tariffs
The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has raised concerns about the…
Nigerian Stock Market Experiences Minor Decline in Holiday-Shortened Week
The Nigerian stock market experienced a slight drop of 0.14% in the trading week that concluded on Friday, April…
Unfair Credit Ratings Increasing Borrowing Costs for African Countries, Says ECA
African countries continue to struggle with high borrowing costs due to what they perceive as unfair credit…
Experts Urge Export Diversification Amid U.S. Tariff Threats
As the United States imposes new tariffs on global trade, experts are urging African nations, including Ghana, to…
Macron Calls for Suspension of US Investments Amid Tariff Dispute
French President Emmanuel Macron has called for European companies to suspend planned investments in the United…
Limited Impact of US Trade War on Nigeria’s Economy, Says Economist Dr. Muda Yusuf
Dr. Muda Yusuf, a prominent economist, has suggested that the ongoing trade war between the United States and…
Naira Depreciates Amid Trump’s New Trade Tariffs and Global Market Instability
The Nigerian naira experienced a significant decline against the US dollar on Thursday, following US President…
U.S. Ambassador Reassures Ghana Amid Trade Policy Shifts
The United States Ambassador to Ghana, Virginia Evelyn Palmer, sought to calm concerns regarding the future of…
Investors Seek Safe Havens Amid Growing Tariff Uncertainty
As tariffs continue to shape the global trade landscape, investors are searching for strategies to mitigate the…
China threatens countermeasures as Trump’s tariffs escalate trade tensions
The trade dispute between the United States and China has intensified following President Donald Trump’s latest…
Bitcoin Dips to $82,000 Amid Trade Tensions Following Trump’s Tariff…
Bitcoin (BTC) experienced a notable decline on Thursday, dropping to around $82,000, a 4% loss, amid heightened…
EU Prepares Countermeasures Against New U.S. Tariffs, Warns of Global Economic…
European Commission President Ursula von der Leyen has strongly criticized U.S. President Donald Trump’s recent…
Nigeria and Japan Launch Youth-Centric Venture Fund to Boost Innovation
In a move to support youth entrepreneurship, Nigeria and Japan have launched a venture capital fund aimed at…
Trump Imposes 14% Tariff on Nigeria, Reworking Global Trade Dynamics
In a significant shift in U.S. trade policy, President Donald Trump announced a new tariff regime that includes a…
Ghana’s Inflation Rate Slows to 22.4% in March 2025
Ghana’s inflation rate showed signs of moderation in March 2025, easing to 22.4% from 23.1% in February. This…
IMF Begins Fourth Review Mission in Ghana Amid Economic Reforms
The International Monetary Fund (IMF) has launched its fourth review mission in Ghana under the country's Extended…
CBN refutes new N5,000, N10,000 banknotes report
The Central Bank of Nigeria (CBN) has dismissed a report circulating online that it had introduced new N5,000 and…
Nigeria’s Net Foreign Exchange Reserves Soar to $23.1 Billion, Highest in Three…
Nigeria's Net Foreign Exchange Reserve (NFER) has reached a significant milestone, surging to $23.1 billion, the…
Naira Strengthens Against Dollar as Nigeria’s Currency Reserves Hit…
The Nigerian naira gained significantly against the US dollar, marking its highest appreciation in two weeks,…
Nigerians Seek Alternative Migration Routes Amid Dollar Squeeze and Stricter Visa…
As Nigeria grapples with a worsening foreign exchange crisis, aspiring emigrants are shifting their focus away…
Treasury Yields Rise as Investors Brace for Trump’s Tariff Rollout and…
U.S. Treasury yields experienced a slight increase on Wednesday as investors eagerly awaited economic data and the…