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Macroeconomic
MTN Nigeria and Transcorp Lead as Nigerian Stock Market Gains N507bn
Investors on the Nigerian Exchange witnessed a significant gain of N507 billion on Wednesday, with market…
French Inflation Slows to 1.8% in December Falling Below Forecasts
According to preliminary data from INSEE, French inflation rose to 1.8% year-on-year in December, falling short of…
Dollar Declines as Markets Weigh Trump’s Tariff Proposals and U.S. Economic…
The U.S. dollar edged close to a one-week low on January 7 as investors assessed the potential impact of…
Futures Flat Ahead of Economic Data and Trump Administration Plans
U.S. stock index futures were mostly unchanged as markets awaited important economic data releases and insights…
US Federal Reserve Regulator Resigns Citing Risk of Dispute
Michael Barr, the vice chair for supervision at the US Federal Reserve, announced his early resignation, citing…
Concessional Borrowing Key to Addressing Nigeria’s Debt Challenges
Nigeria's rising debt, projected to hit N187.79 trillion by the end of 2025, has raised alarm among economists and…
Banks’ Credit to Private Sector Hits N76 Trillion as CBN Tightens Loan-to-Deposit…
In November 2024, credit to the private sector in Nigeria surged by 27.3% year-on-year, reaching N75.96 trillion,…
CBN Rules Out Further Naira Devaluation in 2025
The Central Bank of Nigeria (CBN) has reassured the public that it will not devalue the naira further in 2025,…
BMI Predicts Monetary Easing in Nigeria as Inflation Drops
BMI, the research arm of Fitch Solutions, anticipates a shift toward monetary easing in Nigeria and other…
Indonesia’s 2024 Budget Deficit Lower Than Expected at 2.3% of GDP
Indonesia's unaudited budget deficit for 2024 stood at 507.8 trillion rupiah ($31.38 billion), or 2.29% of GDP,…
How Edun inspired over $10bn inflows into Nigeria
In 2024, Nigeria witnessed significant economic progress under Finance Minister Wale Edun, who facilitated $9.09…
Net Forex inflow rises 70% to $42 bn
Nigeria’s net foreign exchange inflows surged by 70.5% year-on-year (YoY) to $42.06 billion in the first nine…
Market Outlook for 2025 Amid Trump Return and Federal Reserve Decisions
As President-elect Donald Trump prepares to return to the White House, U.S. investors anticipating significant…
Markets in 2024: Wall Street’s high-octane rally keeps investors captive to…
In 2024, global markets have experienced a surprising surge, with world stocks on track for their second…
Festivity and Energy Costs Expected to Drive Inflation Surge in December
Analysts predict that Nigeria's headline inflation will rise to 34.91% year-on-year in December due to seasonal…
Bank of England Expected to Maintain Interest Rates at 4.75%
The Bank of England is expected to keep its base interest rate steady at 4.75%, following the Monetary Policy…
Capital Economics sees muted Saudi growth into 2025
Capital Economics forecasts subdued economic growth for Saudi Arabia through 2025, attributing it to conservative…
Tinubu Unveils 2025 Budget Targeting Inflation and Naira Stability
President Bola Tinubu presented the 2025 Appropriation Bill to the National Assembly, aiming to stabilize the…
MSMEs navigate tough economy, demand state of emergency to tackle issues
Micro, small, and medium enterprises (MSMEs) in Nigeria are facing a tough economic environment marked by rising…
Rupee Hits Record Low at 85/USD as Fed Outlook and Economic Pressures Weigh
The Indian rupee has plunged past the 85 mark against the U.S. dollar for the first time, marking a historic low.…
CBN caps PoS daily withdrawal at N100,000 to boost cashless economy
The Central Bank of Nigeria (CBN) has implemented a daily withdrawal limit of N100,000 for customers using…
Dangote to NNPC Ltd: Your statement on $1bn refinery investment inaccurate,…
Dangote Petroleum Refinery has refuted claims made by the Nigerian National Petroleum Company Limited (NNPCL)…
Nigeria’s $42bn Reserves Can Fund Nine Months of Imports Says CBN
Nigeria’s external reserves have grown to $42.01 billion, enabling the country to finance imports for over nine…
SEC seeks policy support to drive $1tn economy
The Securities and Exchange Commission (SEC) has called for stronger policy support to help drive Nigeria's…
$1 trn economy is necessity for prosperity, resilience of Nigeria — SEC DG
The Securities and Exchange Commission (SEC) has emphasized that achieving a $1 trillion economy is essential for…
Senate Proposes Ban on Dollar Salaries and Foreign Currency Transactions
The Nigerian Senate has introduced a bill to amend the Central Bank of Nigeria Act, 2007, prohibiting the use of…
Hedge Funds Turn to Macro Strategies Amid Market Volatility in 2025
Hedge fund investors are prioritizing macro strategies for 2025, driven by anticipated political and economic…