CBN Expected to Cut Interest Rate Again as Inflation Cools — Analysts Predict Up to 100bps Slash
As the Central Bank of Nigeria’s Monetary Policy Committee concludes its November meeting today, analysts widely expect another round of…
Category: Macroeconomic
Investor Demand for T-Bills Weakens as Treasury Falls 23% Short of Target
Investor appetite for T-Bills continued to weaken last week, leading to another undersubscription at the government’s latest auction. Despite the…
IMF Warns Rising Domestic Borrowing Increases Banks’ Debt Risks in Africa
The International Monetary Fund (IMF) has raised concerns that the surge in domestic borrowing across African nations is heightening the…
European Stocks Rise as Global Markets Rally on Renewed Fed Rate-Cut Hopes
European stocks are set to open the week on a strong note, buoyed by a wave of optimism sweeping across…
States Accumulate ₦1.06tn Debt Despite Record 2024 Revenue Inflows
Despite receiving unprecedented federal allocations in 2024, Nigerian states accumulated a combined ₦1.06tn in unpaid contractor, pension, and gratuity arrears,…
Nigeria’s 2026 Tax Reform Sparks Privacy Fears as FG Plans Digital Tracking of Remote Workers’ Income
Nigeria’s sweeping tax reform scheduled for January 2026 is stirring nationwide concern as questions grow over how much personal financial…
Monetary Reforms Drive Inflation Decline and Forex Stability in Nigeria, Says CBN
The Central Bank of Nigeria (CBN) has announced that the country’s economy is steadily recovering, citing a sharp drop in…
Ghana Set for Strong Economic Growth in 2026, Fitch Solutions Forecasts
Ghana is on track for robust economic growth in 2026, according to forecasts by UK-based research firm Fitch Solutions. The…
Yen Under Pressure as Dollar Eyes Weekly Gain Amid Market Intervention Concerns
The Japanese yen remained under pressure near a 10-month low on Friday, prompting traders to watch for potential intervention from…
Nigerian T-Bills Demand Hits New High as Investors Chase High Yields with N1.23tn Bids
Investor appetite for Nigerian Treasury Bills surged sharply at the latest auction on Wednesday, November 19, 2025, as total bids…
Nigeria Q3 2025 GDP Outlook: Analysts Split Between 3.9% Slowdown and 4.5% Growth
Nigeria’s Gross Domestic Product (GDP) report for the third quarter of 2025 is stirring debate among economists, with forecasts ranging…
President Bola Tinubu Travels to South Africa and Angola for G20 and AU-EU Summits
President Bola Tinubu will today begin a two-nation diplomatic visit to Johannesburg, South Africa, and Luanda, Angola, to participate in…
PTAD Disburses N3.9 Billion Arrears to 91,146 Pensioners Under Defined Benefit Scheme
The Pension Transitional Arrangement Directorate (PTAD) has successfully disbursed a total of N3.9 billion in arrears to 91,146 eligible pensioners…
Nigeria’s Foreign Reserves Soar to $46.7 Billion, Boosting Naira and Investor Confidence
Nigeria’s foreign reserves have surged to $46.7 billion as of November 14, 2025, marking the highest level in seven years…
Tinubu Highlights Youth-Focused Economic Reforms During Duke of Edinburgh Visit
President Bola Tinubu has welcomed the Duke of Edinburgh, Prince Edward, to the State House in Abuja, using the occasion…
Tinubu Champions Faster Borders and Local-Currency Trade to Boost Africa’s Economy
President Bola Ahmed Tinubu has stressed that Africa’s economic success will be measured not by lofty declarations but by tangible…
Nigeria’s Inflation Hits Three-Year Low at 16.05% Amid Persistent Cost-of-Living Challenges
Nigeria’s inflation rate eased to 16.05% in October 2025, marking the lowest level in three years and eight months, according…
FX Trading Slumps 30% in Nigeria Amid Dollar Supply Crunch and Market Caution
Nigeria’s foreign exchange (FX) market experienced a sharp slowdown last week, with total trading turnover plunging by more than 30%,…
61.5% of Nigerian Households Call for Lower Interest Rates by October 2025, CBN Survey Reveals
A recent survey conducted by the Central Bank of Nigeria (CBN) reveals that a significant majority of Nigerian households are…
Nigeria’s Inflation Expected to Ease Further in October 2025, Analysts Forecast 16.20%–17.76%
Nigeria’s headline inflation is set to fall for the seventh consecutive month in October 2025, with projections ranging between 16.20%…
Nigeria Exits FATF Grey List: Naira Soars as Foreign Reserves Cross $43 Billion
Nigeria’s financial markets have celebrated a major milestone as the country exits the Financial Action Task Force (FATF) grey list,…
Nearly $3bn spent on Eurobond debt servicing under Tinubu
Nigeria has spent almost $3bn servicing Eurobond debt across eight quarters of President Bola Tinubu’s administration, highlighting the mounting cost…
Nigeria Faces Looming Food Crisis in 2026 as Farmers Threaten to Quit Agriculture
Nigeria may be on the brink of a major food crisis in 2026, as farmers across the North-Central and North-West…
Bank of Ghana Launches Transparent FX Operations Framework to Boost Market Confidence
The Bank of Ghana (BoG) has introduced a new Foreign Exchange (FX) Operations Framework aimed at boosting transparency, reinforcing market…
CBN, Finance Ministry Launch DGAS to Curb Inflation and Drive 7% GDP Growth
The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have launched a joint economic framework, the Dis-Inflation…
Nigeria, IMF Strengthen Partnership on Economic Reforms and 2026–2030 Growth Plan
Nigeria has reaffirmed its commitment to evidence-based policymaking and inclusive economic transformation as the global economy pivots toward reform-driven growth.…
FG Exceeds 2025 Borrowing Target by 55.6%, Raising Debt Sustainability Concerns
The Federal Government of Nigeria has borrowed N17.36 trillion from domestic and foreign sources in the first ten months of…
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 robust, reform-driven economic…
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 economic environment, warning that inflation,…
Inflation Pushes More Nigerians Into Energy Poverty, Says NISO
Rising inflation and falling household incomes are driving millions of Nigerians deeper into energy poverty, despite being connected to the…