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Resolving the high interest rate to deposit spread in Nigeria requires coordinated and balanced approach that involves both monetary and fiscal policy measures. 

How Nigeria can resolve its high interest rate spreads 

Oil traders expect OPEC+ to stick with its current supply plan at a review meeting next week despite pressure from U.S. President Donald Trump to bring down crude prices. 

Will OPEC+ stick with supply plan next week?

The Economic Community of West Africa States has announced the formal exit of junta-led states Mali, Burkina Faso and Niger from the bloc following their withdrawal last year. 

ECOWAS announces formal exit of Niger, Mali & Burkina Faso

The Global Head of Insurance at Texel Group, Simon Bessant, says deeper collaboration between development finance institutions, insurance companies, export credit agencies and the public sector are key to scale capital mobilization. 

Scaling private capital mobilisation into Africa

The Bank of Ghana’s Monetary Policy Committee left its monetary policy rate unchanged at 27 per cent. 

How long will Bank of Ghana continue to hold rates at 27%?

PWC projects a GDP growth of 3.3 per cent for Nigeria , driven by finance, ICT, and mining, while inflation is expected to moderate from 34.8 per cent to around 26 per cent by year-end.

PWC projects 3.3% growth for Nigeria 

Data from Stears Private Capital in Africa Activity Report shows 2024 recorded $10.1 billion in disclosed transactions.

Stears: Africa recorded $10.1bn in private capital transactions in FY’24

Nigeria plans to lobby the Organisation of Petroleum Exporting Countries for an upward revision of the country’s production quota on the back of projected increased production. 

Nigeria aspires for higher OPEC quota

Nigeria has allocated 58.4 billion naira to the Nigerian Education Loan Fund for the 2025 fiscal year. That’s according to the Fund’s Managing Director, Akintunde Sawyer. 

Student loan: Unpacking NELFUND’s 2025 strategy

The CEO of Yellow Card, Chris Maurice says Africa will continue to lead the crypto adoption curve and sees more innovations coming out of the continent.

Maurice: Africa will continue to lead crypto adoption curve

A major highlight of each year in Nigeria is the festive season with the Detty December phenomenon in Lagos raking in billions of naira as fun seekers both home and abroad splurge in recreational activities and more. 

Harnessing Nigeria’s tourism prospects

The CEO of Koniku Incorporated, Osh Agabi says it is time for African capital to chase after first generation, first principal technology on the continent. 

Video: PLWA