Economy

Impact Investors Foundation: Lagos attracts over 65% of Nigeria’s capital inflow

Ghana inflation drops 140bps to 8.0% in October, food costs ease

Fitch: Nigeria’s banking sector recapitalisation outpaces Sub-Saharan peers

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Economy

News and analysis on the Nigerian economy

IMF flags absence of social buffer for poor Nigerians amid reforms

by Tobi Tunji

July 8, 2025

The International Monetary Fund (IMF) has expressed concern over Nigeria’s lack of an adequate social safety net to shield vulnerable...

FIRS begins renegotiation of double taxation treaty with Netherlands amid tax reforms

by Samson Akintaro

The Federal Inland Revenue Service (FIRS) has commenced formal renegotiations of its Double Taxation Agreement (DTA) with the Kingdom of...

Analysts project fastest GDP growth since 2014, pinpoint stocks set to rally in H2 2025

by Izuchukwu Okoye

Analysts at CardinalStone are projecting Nigeria’s GDP in H2 2025 to grow at its fastest pace since 2014, fueled largely...

Trump halts tariff hikes on most trade partners, raises China duties to 125%

Trump sets August 1 tariff deadline as global trade talks intensify

U.S. President Donald Trump has set a new deadline of August 1 for the implementation of sweeping tariffs, giving global...

Nigeria to face additional 10% tariff for aligning with BRICS – Trump

by Olalekan Adigun

President Donald Trump has announced that Nigeria will be among countries facing an additional 10% tariff for aligning with what...

Agriculture

President Tinubu to remove bottlenecks hindering livestock production export between Nigeria and Brazil

by Nnaemeka Onyekachi

July 6, 2025

President Bola Tinubu has assured his Brazilian counterpart, Luiz Inácio Lula da Silva, that he will remove all bottlenecks hindering...

Easy steps to build wealth through saving money in 2024

Currencies

Nigeria, Ghana, and SA face volatility as half of African currencies show signs of depreciation – Report

July 5, 2025

Nearly half of African currencies have shown signs of depreciation despite steady development across the continent, according to the latest...

AAM2025: Tinubu calls for PAPSS payment system embracement across Africa for financial integration

President Tinubu to address BRICS Summit on Nigeria’s economic reforms and investment drive

July 5, 2025

President Bola Tinubu has arrived in Brazil to participate in the 17th BRICS Summit of Heads of State and Government,...

10 African Central Banks exploring digital currencies in 2025

July 4, 2025

Currently, African countries are actively researching, piloting, or rolling out Central Bank Digital Currencies (CBDCs), a testament to the continent’s...

FG inaugurates National Credit Guarantee Company Board to boost MSME financing