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UK Tops Source as Nigeria’s Capital Inflows Rise to $6.44bn

UK Tops Source as Nigeria’s Capital Inflows Rise to $6.44bn Nigeria’s capital importation rose to $6.44bn in the fourth quarter of 2025, with the United Kingdom emerging as the leading source of inflows, underscoring renewed foreign investor interest in the country’s financial markets. Latest data from...

CBN Directs IMTOs to Adopt Naira Settlement for Diaspora Inflows

The Central Bank of Nigeria has moved to tighten oversight of diaspora inflows, directing all international money transfer operators (IMTOs) to route transactions through designated naira settlement accounts in banks in a bid to improve transparency and deepen liquidity in the official foreign exchange market.

Experts Divided Over $991m UK Export Finance Deal for Nigeria’s Ports

Economists and policy analysts are sharply divided over the real benefits of the £746 million (about $991 million) export finance guarantee extended by the United Kingdom to Nigeria for the rehabilitation of key port infrastructure in Lagos.

NLC Demands Merger of Petroleum, Power Ministries

The Nigeria Labour Congress (NLC) has rejected the Federal Government’s proposed ₦6tn bailout for power generation companies (GenCos), calling it a short-term fix that fails to address Nigeria’s chronic electricity crisis.

NSIA, UK Firm Seal $500m Deal to Launch Mega Dairy Hub in Nigeria

NSIA, UK Firm Seal $500m Deal to Launch Mega Dairy Hub in Nigeria ‎Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority (NSIA), has entered into a landmark $500 million partnership with UK-based agribusiness investor Asset Green Limited to develop a large-scale dairy farming and...

Trump Denies Knowledge of Israel’s South Pars Strike as Oil Prices Surge

Trump Denies Knowledge of Israel’s South Pars Strike as Oil Prices Surge The President of the United States, Donald Trump, has said the U.S had no prior knowledge of Israel’s strike on Iran’s South Pars gas field, while also distancing Qatar from the incident. Trump disclosed...