Fuel Subsidy Savings Report To Be Released Soon – Oyedele
The Federal Government has pledged to publish a detailed account of how savings from the removal of fuel and foreign exchange subsidies have been utilised, amid growing public concerns over the impact of the reforms...
FDI Lags Behind Amidst Surge in 2025 Capital Inflows
Foreign direct investment (FDI) accounted for less than four per cent of total capital imported into Nigeria in 2025, despite a significant increase in overall foreign inflows, data from the National Bureau of Statistics has shown.
The...
FDIs to Nigeria, Others Hit Two-decade Low – World Bank
Flows of foreign direct investments into Nigeria and other developing economies, a key propellant of economic growth and higher living standards, have dwindled to the lowest level since 2005 amid rising trade and investment barriers,...
How External Debt Servicing Gulped $3.07bn in 10 Months – CBN
Latest data obtained from the Central Bank of Nigeria (CBN) has revealed that Nigeria spent about $3.07 billion towards servicing external debt.
This represents a 38 per cent increase, higher than the $2.22 billion spent...