Nigeria’s Inflation Drop Not Reflecting in Goods Prices, Says Economist
In a recent interview, Professor Segun Ajibola, a renowned economist and former president of the Chartered Institute of Bankers, discussed…
Category: Macroeconomic
Euro and Stocks Rise Ahead of German Spending Vote Amid Global Uncertainty
European markets remained stable on Tuesday as investors awaited a key vote in the German parliament on a significant overhaul…
U.S. Treasury Yields Drop as Investors Await Key Economic Data
U.S. Treasury yields saw a slight decline on Tuesday as investors prepared for crucial housing data and the Federal Reserve’s…
Nigeria’s Inflation Drops to 23.18% Amid Continued Price Pressures
Nigeria’s inflation rate showed a modest decline for the second consecutive month in February 2025, dropping to 23.18% from 24.48%…
Naira Gains 0.95% in Parallel Market as CBN Boosts FX Liquidity
The Central Bank of Nigeria (CBN) has increased FX liquidity, leading to a temporary reduction in dollar demand and allowing…
Hong Kong Stocks Surge to Three-Year High Amid Positive China Outlook
Hong Kong’s stock market reached a three-year high on March 18, with the Hang Seng Index rising by 2%. This…
Rand Merchant Bank Economic Forum Highlights Key Strategies for Navigating Nigeria’s Reform Challenges
Rand Merchant Bank Nigeria (RMB) hosted a high-profile economic forum in Lagos to address Nigeria’s evolving reform landscape. The event,…
Bloated governance thrives as FG sidelines Oronsaye Report
Thirteen months after President Bola Tinubu promised to implement the Steve Oronsaye Report, designed to streamline Nigeria’s governance structure and…
Ghanaians seek extra income to manage rising costs
Many Ghanaians are seeking additional sources of income to navigate the challenges of stagnant wages and escalating living costs. A…
Falling Petrol Prices Threaten Nigeria’s Oil and Gas Stocks as Dangote Refinery Shakes Up Market
The competition between Dangote Refinery and petrol marketers is putting immense pressure on Nigeria’s oil and gas stocks, creating uncertainty…
US-EU tariff clash imperils $9.5 trillion of business, AmCham warns
The ongoing U.S.-European tariff conflict is endangering an estimated $9.5 trillion in annual business activity, according to a warning from…
Stock Futures Drop as Wall Street Faces Uncertainty and Economic Slowdown Concerns
Stock futures dropped early on Monday following a tough week for the markets, with the Dow posting its worst performance…
T-Bill Yields Decline as Ghana’s Government Records Oversubscription in Latest Auction
In a positive outcome for the government, the latest Treasury bill auction has surpassed expectations, with the government raising GHS…
Nigeria’s FX Reserves See Modest Rebound with $12.06M Increase Amid Ongoing Economic Challenges
Nigeria’s gross foreign exchange (FX) reserves have seen a slight recovery, rising by $12.06 million to $38.36 billion as of…
Reps Revise Tax Reform Bills, Retain 7.5% VAT, and Amend Revenue Sharing Formula
The House of Representatives has amended President Bola Tinubu’s contentious tax reform bills, addressing key concerns raised by various stakeholders.…
Ghanaians Embrace Savings Amid Economic Struggles, Report Shows
Amid rising financial pressures and ongoing economic challenges, Ghanaians are increasingly prioritizing savings as a means of securing long-term financial…
Stocks Decline by N48bn as Cautious Trading Persists on NGX
The Nigerian equities market experienced a slight downturn on Wednesday, March 12, 2025, with stocks shedding N48 billion in market…
Trump’s Global Moves Shake Markets: $5 Trillion Losses and Volatility Surge
In recent weeks, U.S. President Donald Trump’s actions have caused significant shifts in global financial markets, contributing to a dramatic…
European Markets Struggle as Trump Tariffs Spark Trade Concerns
European markets opened lower on Thursday, weighed down by President Donald Trump’s tariff policies, which continue to disrupt global trade…
Stocks Decline as Trump’s Tariffs Weigh on Market Sentiment, Gold Nears Record High
Asian stocks saw a dramatic reversal on Thursday, slipping from initial gains into losses due to concerns over the economic…
Bitcoin Reserves Could Generate Up to $81 Trillion for U.S. by 2045
Michael Saylor, the executive chairman of Microstrategy, has proposed that the United States could earn between $16 trillion and $81…
Stock Markets Tumble in Nigeria and US Amid Global Uncertainty
The Nigerian stock market experienced a sharp downturn on Tuesday, with investors losing N285 billion, or 0.43 percent, as market…
House of Reps Urges CBN to Suspend ATM Transaction Charge Hike Amid Economic Strain
The House of Representatives has called for the suspension of the recent hike in Automated Teller Machine (ATM) transaction charges…
Global Markets in Retreat Amid Economic Fears Fueled by Trump’s Trade War and Job Cuts
Markets across the globe showed signs of retreat on Tuesday, following a sharp sell-off on Wall Street driven by growing…
Defense Stocks Boost European Markets Amid EU Retaliation to Trump Tariffs
European markets saw broad gains on Wednesday, as investors reacted positively to the European Union’s announcement of retaliatory tariffs on…
Economist Criticizes Ghana’s 2025 Inflation Goal as Too Ambitious Despite Recent Progress
Economist Professor Patrick Asuming has expressed concerns over the government’s 2025 inflation target of 11.9%, labeling it as “a little…
Euro Gains on Ukraine Ceasefire Proposal, While U.S. Tariffs Pressure Stocks
The euro surged to a near five-month high, reaching $1.0947, as Ukraine signaled its readiness to accept a month-long ceasefire…
Nigeria’s ₦54.99 Trillion 2025 Budget Faces Revenue and Debt Challenges
Nigeria has unveiled its largest budget in 65 years, with a proposed ₦54.99 trillion for 2025, marking a 56.89% increase…
AGI Criticizes Proposed Increase in Growth and Sustainability Levy- GHANA
The Association of Ghana Industries (AGI) has expressed strong objections to the proposed increase in the Growth and Sustainability Levy.…
U.S. Markets Plunge as Trump Dismisses Economic Fears Amid Tariff Uncertainty
U.S. stock markets took a significant hit on Monday, as investors grew increasingly concerned about a potential recession. The S&P…