Economy

S&P Global Ratings has upgraded Nigeria’s long-term foreign and local currency credit ratings to ‘B’ from ‘B-’, citing President Bola...

Nigeria’s drive for inclusive economic growth is being constrained by a widening $6.75 billion financing gap that continues to shut women, youths...

Nigeria’s cost-of-living landscape in April 2026 reveals marked differences across states, with inflation trends continuing to play a decisive role...

Nigeria’s headline inflation rate rose to 15.69% in April 2026, up from 15.38% recorded in March 2026, reflecting a continued...

Nigeria’s businesses expect the naira to gradually strengthen against the United States dollar in the coming months, even as elevated...

Nigeria's headline inflation is forecast to rise to 16.42% year-on-year in April 2026, as sustained pressure from food prices, higher energy...

Nigeria’s fight against inflation could face renewed setbacks if fiscal spending remains unchecked, particularly during politically sensitive periods, a member...

Nigeria's foreign exchange market recorded a decisive structural shift in 2025, with autonomous sources — private capital flows outside the...

Zambia’s central bank has reduced its benchmark interest rate to 13.25% from 13.5% as inflationary pressures continue to ease despite...

Sub-Saharan African countries continue to face persistent gaps between approved national budgets and actual fiscal outcomes.