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Macroeconomic
Senate Orders Finance and Budget Ministers to Submit 2024 Budget Performance…
The Nigerian Senate has given Minister of Finance Wale Edun and Minister of Budget and National Planning Atiku…
World Bank: Nigeria’s FIRS Revenue Allocation at 4% Exceeds Peers, Strains Public…
Nigeria’s current revenue-sharing system, which allocates 4% of both oil and non-oil revenues (excluding…
Nigeria’s Economic Growth Mirage: Stability on Paper, Hardship for Citizens
Nigeria’s economy shows signs of headline stability, but for millions of citizens, the benefits remain out of…
FG and MAN Collaborate to Boost Non-Oil Exports, Fix EEG Bottlenecks for Economic…
The Federal Government (FG) and the Manufacturers Association of Nigeria (MAN) have renewed their commitment to…
Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September…
September 2025 marked a remarkable rebound for the Nigerian Naira, with the currency showing its strongest…
NGF and UNDP Strengthen Partnership to Boost Investments, Sustainable Growth…
In a renewed push to accelerate economic development across Nigeria, the Nigeria Governors’ Forum (NGF) has…
Nigeria’s Economy Expands 3.9% in H1 2025 as World Bank Forecasts 4.4% Growth —…
Nigeria’s economy recorded a robust 3.9% growth in the first half of 2025, signaling the positive effects of…
FG, NESG Reaffirm Partnership for Inclusive Growth and Job Creation
The Federal Government of Nigeria and the Nigerian Economic Summit Group (NESG) have renewed their joint…
World Bank: Nigeria’s Economic Reforms Stabilised Economy but Deepened Poverty,…
The World Bank has commended Nigeria for stabilising its economy through recent reforms, but warned that the…
FG Ends Revenue Collection Deductions to Boost Transparency and Fiscal Efficiency
In a major step toward fiscal reform, the Federal Government has scrapped the long-standing deductions made for…
Nigeria’s PMI Hits 54.0 in September 2025, Signaling 10th Month of Economic Growth
Nigeria’s economy continued its steady recovery in September 2025, with the Purchasing Managers’ Index (PMI)…
139 Million Nigerians Still in Poverty Despite Government Reforms – World Bank…
Despite significant economic reforms in recent years, an estimated 139 million Nigerians are still living in…
Nigeria’s Debt-to-GDP Projected to Fall to 39.8% in 2025 Amid Strong Growth and…
For the first time in more than a decade, Nigeria’s debt burden is expected to ease significantly as the country’s…
World Bank Raises Ghana’s 2025 Growth Outlook to 4.3%, Signaling Stronger Economic…
The World Bank has upgraded Ghana’s 2025 economic growth forecast to 4.3%, up from its earlier estimate of 3.9%,…
CBN Reaffirms Commitment to Price and Monetary Stability, Says Policies Are…
The Central Bank of Nigeria (CBN) has restated its commitment to restoring and maintaining price and monetary…
Tinubu Seeks Lawmakers’ Approval to Raise $2.8 Billion from Global Capital…
President Bola Tinubu has formally asked the National Assembly to approve Nigeria’s plan to raise $2.847 billion…
Nigeria Set to Receive $500 Million AfDB Loan by Year-End to Support Economic…
Nigeria is expected to receive a fresh $500 million loan from the African Development Bank (AfDB) before the end…
Tinubu Orders Review of 2026 Hajj Fares as Naira Strengthens; Shettima Directs…
President Bola Ahmed Tinubu has ordered an immediate review of the 2026 Hajj fares to reflect the current…
Nigeria Hosts Africa Agriculture Dialogue 2025 to Unlock Financing for Food…
Nigeria is set to host the Africa Agriculture Dialogue (AAD) 2025 in Abuja on October 7–8, bringing together key…
NNPC Blames Cooking Gas Price Hike on PENGASSAN Strike Disruption
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has…
Ghana’s Economy Shows Strong Gains, but Borrowing Costs Remain High —…
Former Majority Leader Osei Kyei-Mensah-Bonsu has praised the Ghanaian government for recent improvements in the…
Private Sector Pensions Rise as Job Adverts Fall in Ghana: Insights from SSNIT and…
Ghana’s formal private sector saw a slight increase in pension contributions, signaling gradual growth in formal…
Ghana Nears $360M IMF Disbursement as Fifth Review Enters Final Stage
Ghana’s fifth review under the International Monetary Fund (IMF) Extended Credit Facility (ECF) has entered its…
Naira Strengthens as CBN Reforms Boost Confidence, Cut Speculation in FX Market
Nigeria’s naira is making one of its strongest comebacks in recent years, lifted by decisive Central Bank of…
Investor Panic as Nigeria’s 25% Capital Gains Tax on Equities Sparks Fears of…
Nigeria’s capital market is reeling from fresh anxiety following confirmation that a 25% Capital Gains Tax (CGT)…
PenCom’s N20bn Recapitalisation May Stifle Growth of PFAs, PFCs – Renaissance…
Nigeria’s pension industry faces a major shake-up following the National Pension Commission’s (PenCom) new…
Nigeria’s Money Supply Hits N119.52 Trillion as Government Borrowing Falls 25.7%…
Nigeria’s financial landscape shifted notably in August 2025 as the country’s broad money supply (M3) rose to…
Asian Stocks Rally on Fed Rate Cut Hopes, AI Boom and Safe-Haven Gold Demand
Asian stock markets are on track for solid weekly gains as investors bet on a near-term interest rate cut by the…
IMF Endorses Ghana’s Fiscal Reforms, Urges Discipline Beyond 2026 Program Exit
The International Monetary Fund (IMF) has expressed confidence in Ghana’s economic reforms, assuring that the…
Ghana Inflation Falls to 9.4%, Economist Warns Against “Overstretching” the Fight
Ghana has recorded its first single-digit inflation in four years, as headline consumer prices slowed to 9.4% in…