Section
Macro & Economy
GDP, inflation, central bank decisions, sovereign debt, and what the World Bank and IMF are publishing about African economies.
Articles
DisCos fail to collect N45.26 billion from electricity customers in July
Nigeria's NRS and NUPRC earned a combined N123.54bn in collection fees from June's N3.40tn FAAC distribution — here's the full breakdown.
NRS, NUPRC earn N123.54 billion in collection fees from June FAAC revenue
Nigeria's NRS and NUPRC earned a combined N123.54bn in collection fees from June's N3.40tn FAAC distribution — here's the full breakdown.
From Banking to Beauty: How Tomi Akintade introduced Nano Brows in Nigeria
Tomi Akintade left a banking career to found YBB Beauty and introduce Nano Brows to Nigeria — here's her journey and what it says about Nigeria's beauty sector.
CPPE says Nigeria retail trade faces growing foreign competition
CPPE warns growing foreign participation in Nigeria's retail sector could pressure domestic MSMEs and threaten millions of jobs.
Tax Ombud warns against revenue-first approach to tax reforms
Nigeria's Tax Ombud warns that pursuing revenue targets without taxpayer trust could undermine tax reform sustainability.
CBN says MPR reset due to disconnect with market rates
The CBN reset its MPR from 26.5% to 23%, its biggest cut since 2006, to close a gap with actual market lending rates.
CBN slashes rate in record cut as benchmark catches up with market
Nigeria’s central bank surprised markets with a 350-basis-point rate cut to 23%, framing the move as a recalibration to restore policy transmission after the benchmark had drifted above actual money-market rates.
MPC faces interest rate dilemma as oil jumps, inflation cools
Nigeria's MPC faces a tough call: cut rates on cooling inflation, or hold amid a renewed global oil price shock.
CBN: Nigeria’s FX supply rises 20.5% to $8.94 billion in 2025
Nigeria's FX supply climbed 20.5% to $8.94 billion in 2025, CBN data show, though demand for dollars rose even faster.
South African Inflation Expectations Ease, Easing Pressure on Reserve Bank
South African inflation expectations have eased across analysts, businesses and households, easing pressure on the Reserve Bank's rate call.
African Bank Names Permanent CEO as It Presses Ahead With Turnaround
African Bank has named Zweli Manyathi permanent CEO as it presses ahead with a cost-cutting turnaround following executive upheaval.
African Bank Names Permanent CEO as It Presses Ahead With Turnaround
African Bank has named Zweli Manyathi permanent CEO as it presses ahead with a cost-cutting turnaround following executive upheaval.