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Nigeria Records N12.64trn Trade Surplus in 2025 H1

Nigeria’s foreign trade performance in the first half of 2025 showed a strong positive outlook, as exports outpaced imports to deliver a surplus of N12.64 trillion.

Marketing Sector Records $26.39m Inflow on Investors Return

Marketing Sector Records $26.39m Inflow on Investors Return   Nigeria’s marketing industry has attracted a total of $26.39m in foreign investments since 2023, signalling a cautious rebound in investor confidence after a sharp decline in 2024. Capital importation data from the National Bureau of Statistics (NBS) revealed...

Rebased GDP Shows Nigeria’s Economic Shift Towards Digital, Services Sector – Presidential Aide

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

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...

Nigeria’s Inflation Rate Drops to 21.8%

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

‎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...