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...
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...
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...
