IEA Urges Ghana Government to Retain Betting Tax with Reduced Rate in 2025 Budget
The Institute of Economic Affairs (IEA) is calling on the Ghanaian government to retain the controversial Betting Tax as part…
Category: Macroeconomic
CBN Strengthens Operations with New Director Appointments and Strategic Vision for 2024-2028
The Central Bank of Nigeria (CBN) recently appointed 16 new directors to enhance its operations and regulatory oversight. These appointments…
FG Investing Trillions in Economic Reforms for Long-Term Growth – Atiku Bagudu
Nigeria’s federal government is making significant strides toward economic transformation by channeling trillions of naira into key sectors to promote…
US Stock Market Loses $1.75 Trillion Following Trump’s Recession Concerns
The US stock market experienced a massive loss of over $1.7 trillion in value after President Donald Trump suggested that…
Stocks Decline Amid Trump’s Trade War, China’s Deflation Concerns, and Economic Worries
Global stock markets faced declines on Monday, fueled by concerns over rising deflationary pressures in China and growing uncertainties surrounding…
Weak Naira Boosts Nigeria’s Competitiveness to 25-Year High
The devaluation of Nigeria’s naira has significantly enhanced the country’s economic competitiveness, according to a recent report by the British…
Ghana’s Treasury Bill Yields Hit 20-Month Low Amid Fiscal Consolidation Strategy
Treasury bill yields have continued their downward trend, reaching the lowest levels in 20 months, with average rates between 17%…
Rebased GDP to reveal Nigeria’s underlying economic realities
Nigeria is set to unveil a rebased Gross Domestic Product (GDP) for the first quarter of 2025, a revision that…
Nigeria’s Economic Recovery Spurs Strong Investor Confidence
Nigeria’s economy is showing signs of strong recovery, with inflation easing to 24.5% in January and a steady rise in…
2025 Budget Crucial for Ghana’s Economic Recovery, Says Finance Minister Ato Forson
Finance Minister Dr. Cassiel Ato Forson has emphasized the significance of the 2025 Budget in stabilizing Ghana’s fragile economy. During…
Stakeholders Criticize Inflation Rebase and CBN’s MPC Decision Amid Economic Challenges
The recent rebasing of Nigeria’s inflation rate and the Central Bank of Nigeria’s (CBN) decision to maintain the benchmark interest…
Stocks Rise as U.S. Tariff Tensions Ease; Euro Strengthens Ahead of ECB Decision
Asian stock markets saw gains on Thursday as investor sentiment improved following news that U.S. President Donald Trump had granted…
CBN Reinforces Oversight to Strengthen Financial System Amid Rising Global Challenges
The Central Bank of Nigeria (CBN) is enhancing its regulatory framework to ensure the stability and resilience of the nation’s…
US Economic Activity Increases Slightly Amid Rising Tariff Concerns, Fed Survey Reveals
A recent report from the Federal Reserve indicates that U.S. economic activity has experienced modest growth since mid-January, with employment…
Foreign Investors Drive Nigerian Eurobonds’ February Rally
Nigeria’s Eurobond market posted a strong performance in February, reflecting growing foreign investor confidence. Data from the Debt Management Office…
Nigerian Money Market Liquidity Rebounds in February, Likely to Sustain Bullish Trend
In February 2025, the Nigerian money market witnessed a notable improvement in system liquidity, reaching N572.8 billion, compared to a…
Lutnick Proposes Excluding Government Spending from GDP
U.S. Commerce Secretary Howard Lutnick recently announced plans to remove government spending from the GDP report, aiming to make it…
European Markets Choppy as Defense Stocks Surge; Thales and BAE Systems See Significant Gains
European markets experienced volatility on Monday, as defense stocks surged following high-level discussions among regional leaders about increasing military spending.…
Ghana’s T-Bill Rates Plummet to New Lows: What’s Next for Investors?
On February 28, 2025, treasury bill rates saw a remarkable drop, marking one of the most significant declines in decades.…
India’s Trade Minister Piyush Goyal Heads to the U.S. for Crucial Trade Talks Amid Looming Tariffs
India’s trade minister, Piyush Goyal, embarked on a trip to the United States on Monday for urgent trade talks, with…
Naira Ends February Strong, Defying Pressure with Gains in Parallel Market
The Nigerian naira ended February 2025 with notable fluctuations in its performance across both the parallel and official markets. The…
Capital Market Key to Nigeria’s Economic Stability, Says Shettima
Vice President Kashim Shettima has highlighted the crucial role of Nigeria’s capital market in ensuring economic stability, emphasizing its strong…
Q4 2024 GDP Report Reveals Economic Weaknesses and Imbalance – Expert Analysis
The recently released Q4 2024 GDP figures from the National Bureau of Statistics (NBS) indicate a quarter-on-quarter growth of 3.84%…
Interswitch Pushes for AI Integration in Africa’s Workforce and Economy
Interswitch, a leading integrated payments and digital commerce company in Africa, is emphasizing the critical role of Artificial Intelligence (AI)…
U.S. and Euro Zone Inflation Divergence Reaches Three-Year High Amid Economic Disparities
Traders are betting on the sharpest inflation divergence between the U.S. and the euro zone in three years, driven by…
Concerns Mount as Naira Strengthens Amid Decline in Forex Reserves
The Nigerian naira has shown notable improvement recently, gaining strength due to foreign exchange reforms implemented by the Central Bank…
US Stock Futures Surge as Trump’s Tax Cut Plans Advance
U.S. stock futures saw a significant rebound on Wednesday following House Republicans’ progress on Donald Trump’s tax cut proposals. The…
Finance and Insurance Sectors Drive Nigeria’s GDP Growth in 2024
In 2024, Nigeria’s finance and insurance sectors played a significant role in boosting the country’s real GDP growth, contributing 6.22%,…
Naira Strengthens to N1,485 as Dollar Liquidity Improves
The Nigerian naira has strengthened against the US dollar in the parallel market, reaching a rate of N1,485 per dollar,…
LCCI Calls for Monetary Policy to Address Real Economic Pressures, Not Just Statistical Inflation
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona, has urged the Central Bank of…