Nigeria Sees 566% Surge in Capital Inflows, Hits $2.23bn   Investors from the United States injected $2.23bn into Nigeria’s economy in the first nine months of 2025, findings have shown. This figure represents a 566.02 per cent surge compared to the same period of 2024, despite renewed...

PENGASSAN Slams Tinubu's Oil Revenue Executive Order   The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday rejected President Bola Tinubu’s newly signed Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, describing the directive as...

Naira Reaches Two-Year Peak kf N1,347/$   The naira has strengthened sharply in recent weeks, reaching one of its strongest levels in nearly two years, even as rising foreign portfolio inflows increase the risk of investor profit-taking later in the year, according to a macro update...

Investors Gain N1.7trn as Banking, Industrial Shares Soar   Investors gained approximately N1.70 trillion at the close of Thursday’s trading, as broad-based sectoral advances lifted equities and pushed the benchmark index to a fresh weekly high on the Nigerian Exchange Limited. Market capitalisation rose to N123.93 tn...

NSDC, Lee Group to Set up Massive Sugar Project in Niger   The Niger state governor, Umar Bago, has assured the National Sugar Development Council (NSDC) and the Lee Group of its commitment to the emergence of another massive sugar project in the state. Speaking at a...

Nigeria’s Debt to World Bank’s IDA Rises $18.7bn Nigeria’s debt to the World Bank’s concessional lending arm, the International Development Association, surged by $1.9bn in just one year to reach $18.7bn as of December 31, 2025, new financial data released by the institution show. According to...