Updates

Q4′ 25 GDP Report: Broad-Based Recovery Anchored by Services and Agriculture Resilience

March 5, 2026/Coronation Report Summary  In line with our GDP forecasts of 4.02% for Q4’25 and 3.82% for FY’25, Nigeria’s real Gross Domestic Product (GDP) expanded by 4.07% y/y in Q4’25, increasing from 3.98% in Q3’25 and 3.76% in Q4’24, indicating sustained economic recovery. Nominal GDP remained robust, increasing by […]

GCR Affirms African Export-Import Bank’s International Scale Ratings of A and A2

The outlook was revised to “Stable” from “Rating Watch Evolving” March 5, 2026/Afreximbank African Export-Import Bank (Afreximbank) welcomes GCR Ratings’ (“GCR”) latest Rating action on the Bank, affirming the Bank’s international scale long and short-term issuer ratings of A and A2 respectively. The outlook was revised to “Stable” from “Rating […]

Adequate Reserves Shield Economies From Shocks and Strengthen Resilience

(Credit: malija/iStock by Getty Images) International reserves Building foreign exchange reserves requires sound policies and takes time, but global efforts to lower the cost of holding them can help March 5, 2026/IMFBlog By Pierre-Olivier Gourinchas Participants at Saudi Arabia’s Al-Ula conference in February rightly lauded emerging market economies’ impressive resilience since the global financial […]