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...
Nigeria’s food inflation rate rose to 12.12% in February 2026, reversing the single-digit level recorded in January and signalling renewed pressure on household food costs.
Crude Export Drop Pushes Trade Surplus Down to N1.7tn
Nigeria’s merchandise trade surplus fell sharply to N1.71tn in the fourth quarter of 2025, down from N3.42tn recorded in the corresponding period of 2024, as declining crude oil exports and rising imports narrowed the country’s positive...
Nigeria’s VAT Revenue Increases to N2.28trn in Q3 2025
Nigeria’s Value Added Tax (VAT) revenue rose to N2.28 trillion in the third quarter of 2025, marking a 10.66% increase from N2.06 trillion in the previous quarter, according to the National Bureau of Statistics (NBS).
The figure...
Nigeria’s economy grew by 4.07% year-on-year in real terms in Q4 2025, according to the latest GDP report released by the National Bureau of Statistics (NBS).
