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Nigeria Re-enters Top Five African Investment Destinations
  • Investments

Nigeria Re-enters Top Five African Investment Destinations

Ebenezer Chukwudi1 week ago1 week ago02 mins

Nigeria has returned to the rank of Africa’s top five foreign direct investment destinations following a sharp recovery in long-term capital inflows. The latest World Investment Report by the United Nations Conference on Trade and Development reveals that direct inflows more than doubled to $4.01 billion. This represents a 148 percent surge from the $1.61…

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  • Business

Diplomacy Sours, But South African Money Keeps Flowing Into Nigeria

Daniel Otera2 weeks ago03 mins

    South African investors moved $983.83m into Nigeria between January and March 2026, even as anti migrant violence in South Africa forced hundreds of Nigerians to flee home, fresh figures from the National Bureau of Statistics (NBS) show, pointing to a commercial relationship that has held firm while the diplomatic one frays. According to…

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  • Business

Trade Leads Nigeria’s GDP At 17.89% Amid Reform Gains

Daniel Otera1 month ago1 month ago03 mins

  Nigeria’s trade sector attracted $65.79m in foreign capital in the first quarter of 2026, a 91.31 per cent rise from the $34.39m recorded in the same period of 2025, even as inflows moderated after a strong second half of last year. Data from the National Bureau of Statistics’ capital importation report showed the year-on-year…

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Regulator Imposes N100 Million Foreign Exchange Fines
  • Economy

Capital Importation Surges to $3.37bn – CBN

Muhummad Musa2 months ago2 months ago03 mins

Foreign capital importation into Nigeria jumped by 182 per cent month-on-month to reach $3.37bn in January. The Central Bank of Nigeria disclosed the sharp increase in its latest monthly economic report, contrasting the data with the $1.25bn recorded last December. Aggressive monetary tightening and attractive local yields motivated the sudden influx of international cash. However,…

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Nigeria’s Capital Importation Hits $6.44bn In Q4 2025

Daniel Otera4 months ago02 mins

Nigeria attracted $6.44 billion in capital importation in the fourth quarter of 2025, the National Bureau of Statistics has revealed, marking a 26.61 per cent rise from the $5.09 billion recorded in the same period of 2024. Data released by the NBS on Wednesday also showed a 7.13 per cent quarter-on-quarter improvement from the $6.01…

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  • Super Eagles’ Okoye Dismisses Transfer Talk, Vows to Stay at Udinese
  • Labour Party Denies Missing INEC Deadline, Says Candidates Uploaded July 10
  • Atiku Picked Amaechi To Show No Bias Against Igbo – Okonkwo
  • Economic Reforms Fail to Lift Nigerians from Poverty – World Bank

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