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’s Reserves Cross $40bn, Boosting Naira Stability
Global Macro Highlights U.K. Inflation Surges, Rate Cuts Face Roadblocks U.K inflation rose to a 12-month high of 3.80% YoY in July 2025 (vs 3.60% in June). MoM prices grew 0.10% (vs 0.30%), while core inflation edged to 3.80% from 3.70%. The rise was driven by transport costs, with airfares up 30.20%, plus higher food […]
IMF Upgrades Nigeria’s Growth Forecast Amid Oil Gains & Reform Progress
Global Macro Highlights U.S. Revives Tariffs, Global Trade Faces New Jitters Amid Fragile Recovery This week, the United States reinstated tariffs ranging from 10.0% to 50.0% on imports from 69 countries under former President Trump’s revived reciprocal trade policy. A baseline tariff of 10.0% was imposed on goods from the United Kingdom, while Canada faced […]
Nigeria’s Private Sector Expands Further in June, Led by Agriculture and Stable FX
Global Macro Highlights U.S. Trade Deficit Widens Sharply in May Amid Export Decline According to the U.S. Bureau of Economic Analysis, the U.S. trade deficit widened by 18.7% in May to USD71.50bn from USD60.30bn in April. This increase was driven primarily by a sharp drop in exports and a correction in earlier import surges. A […]
Utica Discuss – Webinar Series | Sustainability Report
Most firms have set up a war room to triage their immediate response to the crisis. But the lack of visibility around future demand complicates efforts to restart stalled portfolio companies…