Nigeria's Capital Inflows Surge 93.71% to $23.40bn in 2025 as FX Reforms Boost Investor Confidence Portfolio investment dominates inflows; the United Kingdom remains the largest source; outflows also nearly double to $21.12bn. Nigeria's capital importation nearly doubled in 2025, rising by 93.71 per cent to US$23.40 billion, from US$12.08 billion in 2024, according to the …
The Federal Government is designing a new framework to lower the cost of capital for businesses without reintroducing subsidies, Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said. Oyedele disclosed this on Thursday in Abuja at the 7th Africa Emerging Markets Forum, describing the initiative as a complement to the Central …
The Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, and the Central Bank of Nigeria Governor, Olayemi Cardoso, have said Africa cannot simply wait for the old world order to return. It has to build the institutions, the trade links and the domestic capital base to compete inside the new one. The two headlined …
Dangote Petroleum Refinery has raised $2.5 billion in fresh equity through a private placement that attracted almost $4 billion in investor demand, in what the company says is Africa's largest publicly disclosed primary equity placement by value. The offer closed 3.7 times oversubscribed against its original target, the refinery's operating company, Dangote Petroleum Refinery and …
President Bola Tinubu has ended nearly a decade of regulatory guesswork over how Nigeria polices its cryptocurrency market, signing an executive order that hands coordinated oversight to a new council chaired by the Central Bank of Nigeria. The Presidential Executive Order on Virtual Assets Coordination, 2026, took effect immediately upon signing on 17 July. It …
For many Nigerians, owning property in prime Lagos locations such as Lekki, Ikoyi or Victoria Island remains a lifetime ambition. Rising property prices, however, have placed such investments beyond the reach of most salary earners. But investment analysts say there is an alternative that allows retail investors to gain exposure to income-generating real estate without …
Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has seen the value of his investment in the financial services group rise by about $221 million (over ₦330 billion at current exchange rates) in just three weeks, highlighting the rewards—and risks—of long-term investing in Nigeria's equities market. According to an analysis of Nigerian Exchange …
For much of 2026, Nigeria's fuel story was one of quiet triumph: a country that had spent decades importing the bulk of the petrol it consumed was steadily weaning itself off foreign supply, thanks largely to the Dangote Petroleum Refinery. In January, domestic refineries supplied 40.1 million liters of Premium Motor Spirit (PMS) per day, …
Retirees under Nigeria's Social Insurance Trust Fund scheme have received their first pension increase in 21 years, with the National Pension Commission (PenCom) confirming that monthly payments for some beneficiaries have risen more than elevenfold — from N18,000 to N206,000. PenCom Director-General Ms Omolola Oloworaran disclosed the figures while reviewing the Commission's recent reforms, describing …
President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Dr. George Elombi, visited the African Medical Centre of Excellence (AMCE) in Abuja on July 3, 2026, as part of a working tour of Nigeria and the wider region. The visit doubled as a checkpoint on a bold experiment: can Africa …
