Rebased GDP Shows Nigeria’s Economic Shift Towards Digital, Services Sector – Presidential Aide Nigeria’s rebased Gross Domestic Product (GDP) figures have revealed a significant transformation in the country’s economic structure, shifting focus from oil dependency to a services-driven digital economy. Speaking at the 3rd Economic Confidential...

UK Tops Nigeria’s Q1 Capital Inflow with N5.5trn Investment   United Kingdom-based investors provided the bulk of Nigeria’s foreign capital in the first quarter of 2025, accounting for more than 65 per cent of total inflows, the latest Capital Importation report from the National Bureau of...

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped to 21.88 percent in July 2025, down from 22.22 percent June.

‎Abuja Dethrones Lagos as Nigeria’s New Foreign Investment Capital ‎In a historic economic shift, Abuja has overtaken Lagos as Nigeria’s top destination for foreign capital inflows in the first quarter of 2025. According to the latest report from the National Bureau of Statistics (NBS), the...

NBS: Nigeria's Capital Importation Surge 67% to $5.64bn in Q1 2025 - Report  Nigeria recorded a significant rise in capital Importation in the first quarter of 2025, with inflows climbing by 67.12 percent to $5.6 billion compared to $3.4 billion recorded in the same period...

Palm Oil Imports Drop 26% as Local Production Rises  The National Bureau of Statistics report shows that Nigeria’s crude palm oil (CPO) imports fell by 26.2 percent in 2024, driven by a surge in local output following increased investments in domestic production. Nigeria’s CPO import declined...