Dear Valued Investor,

The week of January 5–9 saw key global and local developments shaping the macroeconomic outlook.

Global: U.S. job growth moderated as manufacturing remained weak and services remained resilient. Inflation eased across the UK and the Eurozone, while China’s inflation rose to a near three-year high. Ghana’s inflation fell further to 5.4%.

Nigeria: The NLC called for a review of wage and tax policies, while the NCC and CBN moved to introduce refund rules for failed airtime and data purchases. The SEC also plans to review regulations to incentivise SME listings.

Please find attached our Market and Economic Update Report for more insights.

Warm regards,

WealthBridge Economic Intelligence & Advisory Team