Category: Economy

Presidency defends Nigeria’s fiscal record after US report, cites reforms

The Presidency has responded to a United States assessment that Nigeria failed to meet minimum...

UK economy slowed in Q2 amid political unrest — Report

Britain’s economy slowed in the second quarter, the national statistics office reported Thursday, saying that...

South Africa’s unemployment rate hits four-year high of 33.6%

South Africa’s unemployment rate has climbed to its highest level in four years, with the...

NRC boss lists four economic distortions inherited by Tinubu govt

The Chairman of the Nigeria Revenue Service, Zacch Adedeji, has listed four major economic distortions...

Egypt’s inflation rises to 14.9%, ends cooling streak

Egypt’s annual urban inflation rate rose to 14.9 per cent in July 2026, ending a...

Firms, households expect inflation pressures to ease further — CBN

Nigerian firms and households expect inflation-related spending to ease over the next six months, even...

W’Africa needs $100bn annually to meet developmental goals — AfDB

West Africa needs between $90 billion and $100 billion annually to meet its development goals,...

Financial repression hits decades-high levels globally, IMF warns

Financial repression has risen to its highest levels in decades as governments with elevated debt...

Nigeria’s external reserves hit $52.02bn, highest since 2009

Nigeria’s external reserves rose to $52.02 billion on July 20, 2026, reaching their highest level...

South Africa’s inflation rises to 5% in June

South Africa’s annual consumer inflation rose to 5.0 per cent in June 2026 from 4.5...

FG considers new framework to measure economic success — Oyedele

The Minister of Finance, Taiwo Oyedele, has said that the Federal Government will adopt a...

Plateau gov pledges protection, business-friendly environment for Igbo community

Plateau State Governor, Caleb Mutfwang, has pledged to sustain a peaceful and business-friendly environment across...