Nigeria’s Oil Output Hits 1.7mbpd in July, Meets OPEC Quota but Trails Budget Benchmark
Global Macro Highlights U.S. GDP Grows 3.3% in Q2 2025, Powered by AI-Driven Investments According to the Bureau of Economic Analysis, U.S. GDP expanded 3.3% in Q2:2025 (vs. 3.0% in Q2 and a 0.5% contraction in Q1). This was supported by stronger business and consumer activity. Real Gross Domestic Income advanced 4.8% (vs. 4.6% in […]
Nigeria Enacts Landmark Insurance Reform to Boost Transparency, Resilience, and Investor Confidence
Global Macro Highlights U.S. Trade Deficit Shrinks to $60.2bn in June on Steep Drop in Imports The U.S. Census Bureau and the Bureau of Economic Analysis reported that the country’s goods and services trade deficit narrowed sharply in June 2025, coming in at USD60.2bn, down from USD71.7bn in May 2025. The improvement was primarily driven […]