Nigeria’s Debt Hits ₦149.4trn in Q1:2025, Driven by Domestic Borrowing Surge
Global Macro Highlights US-China Trade Deal Eases Tensions, Unlocks Rare Earth Supply Chain The U.S and China has signed a new trade deal which includes an agreement for China to deliver rare earth materials to the US in exchange for Washington easing its own restrictions on certain export to China. The export of rare earth […]
Eurozone Inflation Falls Below ECB Target, Opening Door for Potential Rate Cuts
Global Macro Highlights Fed Holds Rates Steady Amid Inflation Worries and Global Tensions The U.S. Federal Reserve kept its benchmark interest rate unchanged at the 4.25%-4.50% range, maintaining a cautious stance amid persistent economic uncertainty. This decision reflects concerns over lingering inflationary pressures, especially those stemming from newly imposed U.S. tariffs on Chinese imports and […]
China Posts Fourth Month of Deflation Amid Trade Tensions and Weak Demand
Global Macro Highlights U.S.–China Strike New Trade Deal Balancing Tariffs with Strategic Concessions The U.S and China reached a new trade deal framework aimed at de-escalating the ongoing trade tensions. Under the deal, the U.S. will impose tariffs of up to 55% on Chinese imports (combining the 10% baseline tariff on most imports, a 20% […]
Moniepoint’s Acquisition of Sumac Microfinance Gets Green Light from Kenyan Regulators
Global Macro Highlights US Doubles Tariffs on Foreign Steel and Aluminium, Spares UK Amid Trade Strategy Shift The US has increased its tariffs on foreign steel and aluminum imports to 50%, from 25% previously. This increase will apply to all its trading partners except Britain, the only country that has struck a preliminary trade agreement […]
Nigeria’s National Assembly Proposes $24bn Structured External Borrowing Plan
Global Macro Highlights US Postpones 50% EU Tariff to July 9, Signalling a Strategic Pause for Trade Talks During the week, the US administration announced a postponement of the planned 50.0% tariff on European Union goods, shifting the implementation date from June 1 to July 9. This move follows recent discussions between U.S. and EU […]
The Code Behind the Capital: What Software Engineers Can Teach Us About Smarter Investing
Have you ever stared at a stubborn piece of malfunctioning code and thought, “This is exactly how I feel about my portfolio”? You’re not alone. While software engineering and investing might seem completely different worlds, they’re linked by surprising parallels. Both require analytical thinking, a knack for spotting patterns, the discipline to follow processes, and […]
Nigeria’s External Debt Servicing Soars, Draining FX Reserves and Heightening Liquidity Pressure
UK Headline Inflation (YoY) According to the latest release from the Office for National Statistics (ONS), UK inflation rose to 3.5% YoY in April 2025—the highest level since January 2024—driven by pronounced increases in household bills, food, vehicle duties, and airfares. The Consumer Prices Index (CPI) accelerated from 2.6% in March to 3.5%, while CPIH, […]
Nigeria’s Oil Output Rises to 1.7mbpd in April as New “Obodo” Crude Grade Debuts
Global Macro Highlights US Headline Inflation (YoY) According to the Bureau of Labor Statistics, U.S. headline inflation eased for the third consecutive month, moderating to 2.3% YoY in April (vs 2.4% YoY in March) — its lowest level since February 2021. The continued deceleration was primarily driven by a sustain decline in the energy index, […]
OPEC+ to Raise Output by 411,000 bpd by June 2025 Amid Price Pressures
Global Macro Highlights US Fed Fund Interest Rate Movement The U.S. Federal Reserve kept its benchmark interest rate unchanged at 4.3% – 4.5% for the third consecutive time, citing continued uncertainty around inflation and the broader economic outlook. The decision was influenced by escalating trade tensions and the potential economic impact of the announced tariffs […]
Podcast Series: Off The Chart with Utica
EPISODE 1 Would You Know About Investing If You Didn’t Work in the Financial Services Industry? Think you’d know how to invest if you weren’t in the financial services industry?🤔 In this our premiere episode, we take a fun, honest look at what the average person actually knows about investing. From myths to money moves, this […]