Browsing Category
Macroeconomic
Nigeria, IMF Strengthen Partnership on 2026–2030 Economic Reforms
Nigeria is intensifying its collaboration with the International Monetary Fund (IMF) as it charts a course for…
Inflation and Rising Costs Threaten Nigeria’s Industrial Growth, CANMPEF Warns
The Chemical and Non-Metallic Products Employers Federation (CANMPEF) has raised fresh concerns over the worsening…
Inflation Pushes More Nigerians Into Energy Poverty, Says NISO
Rising inflation and falling household incomes are driving millions of Nigerians deeper into energy poverty,…
Biased Credit Ratings Cost Africa $75 Billion Annually, Experts Warn
Experts have sounded the alarm over the economic toll of biased credit ratings in Africa, revealing that the…
Nigeria’s GDP Forecast to Grow 3.7% in Q4 2025 as Fiscal Reforms Boost Revenue and…
Nigeria’s economy is set to close 2025 on a positive note, with analysts projecting a 3.7% Gross Domestic Product…
Nigeria Secures $500m World Bank Loan to Boost Agricultural Value Chains and Food…
The Federal Government of Nigeria has sealed a $500 million loan agreement with the World Bank to strengthen…
Tinubu Seeks ₦1.15 Trillion Loan to Bridge 2025 Budget Deficit
President Bola Ahmed Tinubu has requested Senate approval to secure a ₦1.15 trillion loan from the domestic market…
Nigeria’s 2026 Tax Reforms: 50 New Exemptions to Support Low-Income Earners and…
In a major move to ease the financial strain on Nigerians, the Presidential Fiscal Policy and Tax Reforms Committee…
Nigeria’s Inflation Set to Fall to 15.84% as Bumper Harvest Eases Food Prices –…
Nigeria’s headline inflation rate is projected to drop sharply to 15.84% in October, down from 18.02% in September,…
Dollar Hits Three-Month High as Traders Scale Back Rate-Cut Bets Amid Fed Divide
The U.S. dollar held steady on Tuesday, hovering near a three-month high as traders pared back expectations for…
Government Misses T-Bill Target by 13% as Treasury Yields Continue to Rise
The Government of Ghana fell short of its Treasury bill target for the past week, raising GH¢4.61 billion against…
CSOs Applaud Tinubu’s 15% Fuel Import Tariff as Step Toward Energy Independence
A coalition of civil society organisations under the banner of the Coalition of Civil Rights Activists has…
World Bank Set to Approve Nigeria’s $1 Billion Development Loan in December to…
The World Bank has scheduled December 16, 2025, as the tentative date to approve Nigeria’s $1 billion Development…
Woodhall Capital Targets $50 Billion in Global Investments to Drive Nigeria’s…
Woodhall Capital, under the leadership of its founder, Mojisola Hunponu-Wusu, is spearheading efforts to attract…
Naira Strengthens to ₦1,421/$ — 2025 Peak Fueled by Rising Forex Supply and…
The Nigerian naira ended October 2025 on a high note, appreciating to ₦1,421.73 per dollar — its strongest level…
FG Targets Under-7-Day Cargo Clearance at Nigerian Ports by 2026 – Shettima…
The Federal Government has set a bold target to reduce cargo clearance time at Nigerian ports to less than seven…
Tinubu: Local Production Key to Stabilising Supply Chains and Strengthening…
President Bola Tinubu has reaffirmed his administration’s commitment to strengthening Nigeria’s economy through…
Auditor General hinges inclusive economic growth on accountability
The Auditor General for the Federation, Shaakaa Chira, has stressed that inclusive economic growth in Nigeria…
BusinessNigerians hold N4.47 trillion cash outside banks in September as money…
Nigerians held N4.47 trillion in cash outside the banking system in September 2025, despite a contraction in…
Bank of Ghana Confident Inflation Will Drop Further by Year-End as Cedi…
The Bank of Ghana (BoG) is expressing optimism that inflation will continue to fall before the end of 2025,…
Nigeria Faces $1.12B Eurobond and N100B Sukuk Maturities in Late 2025 Amid Rising…
Nigeria is bracing for two major debt obligations before the end of 2025, including a $1.12 billion Eurobond and a…
Forex Traders in Survival Mode as CBN Halts Dollar Supply to BDCs
Bureau De Change (BDC) operators across Nigeria are struggling to keep their businesses afloat as the Central Bank…
Naira Strengthens 9.16% in Six Months as Nigeria Exits FATF Grey List and Reforms…
Nigeria’s currency, the naira, has gained 9.16 percent against the U.S. dollar over the past six months, rising…
Ghana’s Producer Price Inflation Edges Up to 3.2% in September Amid Modest…
Ghana’s producer price inflation (PPI) rose slightly to 3.2% in September 2025, according to the Ghana Statistical…
IMF Commends Nigeria’s Economic Reforms as Growth Outlook Strengthens Under…
Nigeria’s ongoing economic reforms have received global recognition from the International Monetary Fund (IMF),…
Nigeria Spends 35% of 2024 Budget on Debt Service as Fiscal Deficit Hits ₦13.51…
The Federal Government of Nigeria spent a staggering ₦12.36 trillion servicing debts in 2024, representing 35.26%…
Naira Holds Firm at ₦1,475/$ as CBN Tightens FX Controls Amid Late-2025 Market…
The Nigerian naira maintained relative stability at ₦1,475 per dollar last week, reflecting the Central Bank of…
FG’s $2.35bn External Borrowing Plan: DMO Explains Eurobond Strategy to Boost…
The Federal Government’s proposed $2.35 billion external borrowing plan is a carefully balanced strategy aimed at…
Nigeria Targets 40% GDP Growth by 2030 Through AfCFTA — Government Deepens Trade,…
The Federal Government has announced an ambitious plan to grow Nigeria’s Gross Domestic Product (GDP) by 40 percent…
Improved Security and Economic Reforms Attract $8 Billion in Energy Investments —…
Nigeria’s drive toward economic stability is paying off, with more than $8 billion in new energy investments…