Naira-for-Crude, Tax Reforms Can Revive Industries — MAN   The Manufacturers Association of Nigeria (MAN) has said that recent government interventions, including the Naira-for-Crude initiative, the Nigeria Industrial Policy, withholding tax exemptions, expanded VAT deductibility on fixed assets and services, phased reductions in Companies Income Tax,...

Foreign Investment in Telecoms Hits 4-Year Low   Foreign capital imported into Nigeria’s telecommunications sector fell to a four-year low of $7.24m in the first quarter of 2026, despite the 50 per cent tariff increase approved for operators last year. Data from the National Bureau of Statistics’...

The Federation Account Allocation Committee (FAAC) has distributed a total of N2.036 trillion among the Federal Government, state governments and local government councils as revenue allocation for March 2026.

Data from the National Bureau of Statistics (NBS) showed imports remained significant across all quarters, with values of ₦125bn in Q1, ₦117bn in Q2, ₦92bn in Q3, and ₦101bn in Q4.

Foreign investment in Nigeria’s manufacturing sector fell 54.11% in the first nine months of 2025, despite a sharp rebound in overall capital inflows, according to National Bureau of Statistics (NBS) data.

Capital Importation Surges 380% to $6bn in Q3 2025 Nigeria recorded a sharp rise in capital inflows in the third quarter of 2025, with total importation hitting $6.01 billion, according to the National Bureau of Statistics (NBS). The figure represents a 380% increase compared to $1.25...