Nigeria’s technology sector in 2025 marked a decisive shift from survival mode to consolidation, as operators, startups, regulators and policymakers navigated economic headwinds while laying firmer foundations for long-term digital growth.

Bank Loans to Manufacturers Drops by N2.17trn    Manufacturers have sharply reduced their exposu re to bank loans in the past year, repaying an estimated N2.17tn as high interest rates and rising operating costs weigh on the sector. Figures from the Central Bank of Nigeria’s latest quarterly...

Banks' Bad Loans Surge as CBN Ends Forbearance   Nigeria’s banking sector recorded a rise in bad loans in 2025 after the Central Bank of Nigeria withdrew the regulatory forbearance granted to lenders during the COVID-19 pandemic, according to the apex bank’s latest macroeconomic outlook report. The...

Naira Ends 2025 Strong at ₦1,429/$1, Steady at Parallel Market on Jan 1 The naira closed 2025 on a positive note, settling at ₦1,429/$1 on December 31 at the Nigerian Foreign Exchange Market (NAFEM). In contrast, the local currency sustained its strength for the fourth consecutive...

Crude, Refined Fuel Exports Sustain Nigeria’s External Surplus in Q3 - Report The Central Bank of Nigeria says Nigeria recorded a surplus external position in the third quarter of 2025, driven by higher crude and refined petroleum exports, despite a sharp quarter-on-quarter decline in the...

FDI Recovery Attracts $720m in Q3, 2025 Foreign direct investment into Nigeria jumped to $720m in the third quarter of 2025, up sharply from $90m in the previous quarter. This represents a 700 per cent increase quarter-on-quarter, according to the Central Bank of Nigeria’s Balance of...