Trading activity on the Nigerian Exchange Limited (NGX) dipped in February 2025 as foreign portfolio transactions declined amid rising economic uncertainties. According to the latest Domestic...
Exporters and non-bank corporates contributed 64 percent of total dollar inflows into the Nigerian Foreign Exchange Market (NFEM) last week, surpassing all other sources, including the...
Nigeria’s capital inflows surged in October 2024 to $1.89 billion from the previous month of $0.40 billion. The surge was driven primarily by a boost in...
Following the Central Bank of Nigeria (CBN) policy of increased interest rates for foreign investors, Nigeria’s external reserves grew by $7.7 billion within 11 months from...
Nigeria’s foreign exchange (FX) market surged in turnover to ₦110.35 trillion in the first seven months of 2024. This increase represents a 171.46% growth from the...
Nigeria’s foreign exchange (FX) inflows have surged by 57% over the past year, signaling newfound stability for the Naira. Analysts attribute this growth to the Central...
Foreign investments in Nigeria’s manufacturing sector declined by 54% from $605 million in the second quarter of 2023 to a mere $279.5 million in the third...
In the first half of 2023, Nigeria resorted to foreign borrowing, securing a total of $1.21 billion in loans to bolster capital importation. A recent report...
Nigeria’s foreign investment inflow has experienced a significant decline of $18.6 billion over a four-year period from 2019 to 2022, according to data released by the...
Nigeria’s economic landscape is aglow with optimism as the country welcomes a substantial influx of capital in the first quarter of 2023. According to the Central...