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Macroeconomic
Naira Strengthens in Black Market After Cardoso’s Warning, Weakens at…
The Naira experienced a positive shift in the parallel foreign exchange (FX) market on Wednesday, gaining N10…
Trump’s Trade War: Rising Risks for Nigeria and Other Economies Amid Tariffs
US President Donald Trump's new tariffs targeting Mexico, Canada, and China are stirring concerns about global…
Asia-Pacific Markets See Mixed Trading Amid Wall Street Decline Following…
Asia-Pacific stock markets experienced mixed results on Thursday, as investors reacted to U.S. President Donald…
US Dollar Strengthens Amid Ongoing Tariff Uncertainty and Economic Data
The US dollar gained strength against both the Euro and the Japanese Yen on Wednesday, as traders closely…
Nigeria Must Invest $15 Million Annually to Boost Statistical Performance, Says…
The World Bank has recommended that Nigeria invest between $10 million and $15 million annually to enhance its…
CBN’s Strategic Forex Reforms Boost Naira Stability Amid Economic Recovery
Nigeria’s Central Bank (CBN) has made significant strides to stabilize the naira by enhancing the country’s…
Stakeholders to Address Nigeria’s Declining Consumer Purchasing Power at…
The 2025 Industry Summit & Awards is set to tackle the critical issue of declining consumer purchasing power…
Wall Street Bonuses Surge 32% in 2024, Reaching Record Highs Amid Economic…
Wall Street bankers saw their bonuses rise by 31.5% in 2024, bringing the average payout to $244,700, according to…
CBN Intensifies Efforts to Combat Forex Speculation Amid Naira’s Minor…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to…
Ghana Loses $1.2 Billion in Gold Revenue Due to Illegal Smuggling in 2022,…
In 2022, Ghana lost an estimated $1.2 billion in gold revenue due to widespread illegal smuggling, according to…
Stocks Gain, Dollar Drifts as Traders Ponder Trump Tariff Outlook
Asian stock markets followed Wall Street higher on March 26 as traders awaited more clarity on U.S. President…
US Economy Faces Potential Stagflation Risks, But Avoiding Severe Economic Strain
Recent projections from the Federal Reserve have raised concerns about the possibility of stagflation, a period…
Hong Kong’s Hang Seng Index Falls 2.35% Amid Trump’s Tariff Threats
In a day of mixed trading across Asia-Pacific markets, Hong Kong’s Hang Seng Index experienced a significant drop…
Ghana Intensifies Efforts to Meet IMF Review Deadline, Outlines Economic Reforms
Ghana's Finance Minister, Dr. Cassiel Ato Forson, has reassured that the government is actively working to meet…
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…