Venezuela Crisis Could Create $10B Gap in Nigeria’s N58 Trillion 2026 Budget
Nigeria’s 2026 spending plan, pegged at N58.18 trillion, could face a $10 billion shortfall due to the unfolding crisis in…
Category: Macroeconomic
Dollar Strengthens as Traders Focus on U.S. Economic Data Despite Venezuela Tensions
The U.S. dollar started the first full trading week of 2026 on a strong note, rising to a three-and-a-half-week high…
Naira Records First Annual Gain in 13 Years as CBN FX Reforms Drive 6.5% Appreciation in 2025
Nigeria’s naira closed 2025 on a rare positive note, posting its first annual appreciation in more than a decade as…
Nigeria’s FX Reserves Rise by $4.39bn in One Year on CBN Reforms, Investor Confidence
Nigeria’s external reserves rose by $4.39bn over one year, reflecting a notable turnaround in the country’s foreign exchange position amid…
Financial Tips to Help Young Nigerians Beat Inflation and Rising Living Costs
As inflation continues to erode purchasing power and economic uncertainty deepens, financial planning is no longer optional for young Nigerians.…
Naira Depreciation Hits Two-Month Low Amid Liquidity Crunch and Weak Detty December Inflows
The Nigerian naira weakened to a two-month low last week, trading at N1,466.5 to the dollar at the official forex…
Nigeria’s FX Reserves Fall by $263 Million After 25 Weeks of Gains
Nigeria’s foreign exchange (FX) reserves have dipped by $263.151 million, ending a remarkable 25-week accumulation streak, according to data from…
Nigeria’s Fiscal Indiscipline Threatens 2026 Budget, Experts Warn
Nigeria’s public finances are facing mounting pressure as fiscal indiscipline and governance gaps continue to undermine the nation’s budgetary process.…
Dollar Exchange Rates Steady Ahead of ECB and BoE Rate Decisions
The U.S. dollar held its ground against major currencies on Thursday, as traders braced for upcoming central bank announcements from…
Nigeria Spends 72% of Federal Revenue on Debt Servicing in First Seven Months of 2025
Nigeria’s Federal Government spent nearly three-quarters of its total revenue on servicing domestic and external debt in the first seven…
Nigeria’s Trade with ECOWAS Soars 43% to N6.9 Trillion in 2025
Nigeria’s trade with fellow Economic Community of West African States (ECOWAS) countries recorded a remarkable 43 percent increase year-on-year (YoY),…
Ghana Producer Price Inflation Slows to 1.3% in November 2025
Producer price inflation (PPI) in Ghana slowed slightly to 1.3% in November 2025, down from 1.4% in October, according to…
Nigeria Inflation Expectations: Businesses and Households Predict Stability in Coming Months
Businesses and households across Nigeria are anticipating stable inflation in the coming months, according to the Central Bank of Nigeria’s…
2025 Nigeria Budget Hit Hard as Oil Revenue Falls 62% Below Target
Nigeria’s 2025 federal budget has suffered a significant setback as oil and gas revenues fell 62.2% below the prorated target…
Nigeria’s Top 10 Import Partners in Q3 2025: China, US, and India Lead the Pack
Nigeria’s import market in the third quarter of 2025 remained largely concentrated around a core group of global partners, reflecting…
Year-End Festivities May Push Inflation Higher in December, Experts Warn
Economic analysts have warned that Nigeria’s inflation rate may record a temporary rebound in December as year-end festivities drive higher…
Nigeria’s Trade Balance Surges 43% to ₦19.3tn in Nine Months — NBS Data
Nigeria’s trade balance recorded a great improvement in the first nine months of 2025, rising by 43.8 per cent year-on-year…
Nigeria’s ₦30 Trillion Revenue Shortfall Sparks Concerns Over 2026 Budget
Nigeria’s federal government is under fresh scrutiny after revealing a ₦30 trillion shortfall in its 2025 revenue, casting doubts on…
Nigeria Inflation Eases to 14.45% as OPS Calls for MSME Credit Support
Nigeria’s headline inflation rate declined to 14.45 per cent in November 2025, marking a further easing in consumer price pressures,…
Nigeria’s Data Reforms Drive Economic Gains as Inflation Eases to 16.05%, GDP Grows 3.98%
Nigeria’s ongoing data and economic reforms are beginning to pay off, with inflation easing to 16.05 percent in November 2025…
BREAKING NEWS: Nigeria Inflation Drops to 14.45% in November 2025, Beats Tinubu’s 15% Target
Nigeria’s headline inflation rate slowed to 14.45 percent in November 2025, marking a notable decline from 16.05 percent in October…
Global Currencies on Edge Ahead of Central Bank Decisions and U.S. Data
Global currencies were largely rangebound on Monday as investors prepared for a critical week of central bank decisions and major…
World Bank Warns Rising Air Conditioner Use Could Strain Nigeria’s Power Grids
The World Bank has raised concerns over the rising use of air conditioners in Nigeria and other developing countries, warning…
NSIA’s 2025 Impact: Driving Nigeria’s Economic Growth Through Strategic Investments
In 2025, the Nigeria Sovereign Investment Authority (NSIA) has firmly established itself as more than just a savings and stabilization…
US Fed Rate Cut Could Ease Pressure on Naira, Analysts Say
The United States Federal Reserve’s decision to lower its key interest rate by 25 basis points to a range of…
Naira Holds Steady at N1,950/£1 as British Pound Faces Economic Pressure
The Nigerian naira has shown resilience against the British pound, trading at N1,950/£1 in the official market. This represents a…
Nigeria’s Trade Surplus Hits N6.69tn in Q3 2025 as Exports Outpace Imports
Nigeria posted a trade surplus of N6.69 trillion in the third quarter of 2025, reflecting a 27.29% year-on-year growth and…
European Markets Rise as Swiss Central Bank Holds Rates at 0% Amid Cooling Inflation
European stocks closed higher on Thursday as investors weighed the U.S. Federal Reserve’s latest rate cut and the Swiss National…
Dollar Weakens as Fed Signals Dovish Tilt, Markets Anticipate Two Rate Cuts in 2026
The U.S. dollar dipped on Thursday after the Federal Reserve delivered a less hawkish outlook than investors had anticipated, fueling…
Global Trade Growth Set to Slow in 2026, UN Warns
Global trade and economic growth are expected to slow in 2026, the United Nations Conference on Trade and Development (UNCTAD)…