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NBS: Nigeria’s Capital Importation Surge 67% to $5.64bn in Q1 2025 – Report 

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 

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...

Foreign Inflows Drive Banking Capital to $3.1bn in Three Months

Foreign Inflows Drive Banking Capital to $3.1bn in Three Months Capital importation into Nigeria’s banking sector surged to over $3.1bn in the first quarter of 2025, according to data released by the National Bureau of Statistics on Tuesday. NBS data also showed that the manufacturing sector...

Real Estate Contributes N41.3trn to Economy – NBS

The real estate sector’s valuation has climbed to N41.3tn, highlighting its rising contribution to the nation’s economy.

Rebased GDP Figures Not Evidence of Economic Progress, MAN Tells FG

The Manufacturers Association of Nigeria (MAN) has called on the federal government not to see the nominal increase of 18.3 per cent year-on-year Gross Domestic Product (GDP) growth recorded.

Productivity Remains Major Concerns Despite N372.8tn Rebased GDP – Experts

Economists have noted that productivity remains a challenge in the Nigerian economy, despite the rebasing of the Gross Domestic Product, which has boosted the economy to N372.8tn.