Following a new forecast by the International Monetary Fund (IMF), Kenya is projected to emerge as East Africa’s largest economy in 2025. The IMF estimates that...
Fitch Ratings has upgraded Nigeria’s long-term foreign-currency issuer default rating from ‘B-’ to ‘B’ with a stable outlook, citing recent policy reforms that have improved macroeconomic...
Fitch Ratings has projected that Nigeria’s external debt service obligations will rise to $5.2 billion in 2025 as the country continues to navigate mounting fiscal pressures...
China has set an ambitious economic growth target of about 5% for 2025 despite raising expectations for increased fiscal and monetary stimulus as the nation grapples...
Nigeria’s Gross Domestic Product (GDP) grew by 3.84% in the fourth quarter (Q4) as the non-oil sector contributed 95.4 percent. However, analysts have raised concerns over...
Nigeria’s economic activity rose in December as the Purchasing Managers’ Index (PMI) expanded to 51.0 index, according to the Central Bank of Nigeria’s (CBN) report. The...
Nigeria’s upcoming GDP rebasing is set to reshape the nation’s economic narrative, with emerging sectors such as fintech, digital services, and tech startups poised to take...
President Bola Tinubu has presented N47.9 trillion as 2025 budget proposal before the joint session of the National Assembly with defence, security, infrastructure and debt serving...
President Bola Ahmed Tinubu has expressed confidence in his administration’s commitment to transform the Nigerian economy into a $1 trillion economy by 2030 following the latest...
Nigeria’s Gross Domestic Product (GDP) grew by 3.46 percent in real terms in the third quarter of 2024, indicating a further rise to the country’s economy....