Economic Forecast

Brace for Impact: IMF Chief Sounds Alarm on Looming Economic Uncertainty
Despite significant disruptions such as the tariffs imposed by former U.S. President Donald Trump, the global economy has demonstrated a surprising level of durability. However,...

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International News
4 days ago4 days ago

Despite significant disruptions such as the tariffs imposed by former U.S. President Donald Trump, the global economy has demonstrated a surprising level of durability. However, the International Monetary Fund (IMF) Managing Director warns that this robustness may be temporary. “Prepare for ongoing volatility,” Kristalina Georgieva cautioned during her address at the Milken Institute on Wednesday....

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CBN Predicts Rate Cut Will Ignite Credit Expansion and Boost Economic Growth
The Central Bank of Nigeria (CBN) has reaffirmed its positive outlook on the nation’s macroeconomic stability, emphasizing that its recent 50 basis point reduction in...

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Politics Today
2 weeks ago2 weeks ago

The Central Bank of Nigeria (CBN) has reaffirmed its positive outlook on the nation’s macroeconomic stability, emphasizing that its recent 50 basis point reduction in the Monetary Policy Rate (MPR) is intended to foster economic expansion without compromising the naira’s exchange rate stability. In a discussion on TVC, Dr. Victor Oboh, the apex bank’s Monetary...

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Nigeria’s Creator Economy Soars: From $31.2M Today to Potential Billions by 2030!
Currently valued at approximately $31.2 million, Nigeria’s creator economy is poised to evolve into a multibillion-dollar powerhouse by the end of this decade, according to...

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Tech
3 weeks ago3 weeks ago

Currently valued at approximately $31.2 million, Nigeria’s creator economy is poised to evolve into a multibillion-dollar powerhouse by the end of this decade, according to a recent comprehensive study.The Nigeria Creator Economy Report (NCER) 2025, crafted through a partnership involving the Federal Ministry of Art, Culture, Tourism, and the Creative Economy (FMACTCE), the National Council...

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MAN Sounds Alarm on Tax Stamps: Warning of Significant Economic Impact Ahead
The Manufacturers Association of Nigeria (MAN) has voiced serious concerns regarding the planned implementation of a Tax Stamp System on excisable products within the country....

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Politics Today
3 weeks ago3 weeks ago

The Manufacturers Association of Nigeria (MAN) has voiced serious concerns regarding the planned implementation of a Tax Stamp System on excisable products within the country. According to MAN, this initiative is likely to result in substantial compliance expenses, operational delays, and only marginal increases in government revenue. Segun Ajayi-Kadir, the director-general of MAN, acknowledged the...

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Monetary Policy Committee Meeting Sparks Debate: Analysts Split on Whether a Rate Cut is Needed
As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) convenes for its September session, opinions among financial experts remain split on whether it is...

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Politics Today
3 weeks ago3 weeks ago

As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) convenes for its September session, opinions among financial experts remain split on whether it is appropriate to loosen the restrictive monetary policy that has been maintained for over a year. Some analysts believe that the recent improvements in economic indicators provide the CBN with an...

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