Equity Investors Gain N13trn in 2023   The Nigerian Exchange Limited (NGX) closed with over 13tn gain for investors in the equity market. This gain nearly tripled the figure recorded in 2022, which stood at N5.619tn, after the market capitalisation closed at...

UAE Firms Invest $375.01m in Nigeria Despite Visa Ban   Private investors from the United Arab Emirates’ investments hit $375.01m in the country since a visa ban was placed on Nigeria in October 2022. Data from the latest Capital Importation report of...

'Nigeria Borrows $1.7bn to Boost FX Inflows'   Nigeria got $1.71bn in foreign loans to boost foreign exchange inflow into the country in the first nine months of 2023. Total capital importation including Foreign Direct Investment, Foreign Portfolio Investment, and others amounted...

FDI Drops By $471m in Five Years – NBS   Foreign Direct Investments (FDI) into Nigeria declined by $470.8m in the last five years. This followed analyses of different Capital Importation reports published by the National Bureau of Statistics (NBS). According to Investopedia,...

With 45.9% Gains, Nigeria's Stock Market Performed Better than Russia's in 2023 - Report   The Nigerian stock market has emerged as one of the world's best performing stock markets in 2023, with the All Share Index up by 45.9% year-on-year. According...

We'll Ensure Steady Power, Resume Local Refining of Petroleum - Tinubu in New Year Broadcast   It gives me immense joy to welcome each and everyone of you – young and old- to this brand new year 2024. We must lift...