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 …
Nigeria has more adults, more registered voters and better election technology than at any other time in its democratic history. Yet one problem continues to grow quietly with every election cycle: millions of Nigerians no longer believe their votes matter. Ahead of the 2027 general election, the Independent National Electoral Commission (INEC) has registered a …
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 …
Presco and Okomu Oil Palm Company delivered another strong operating performance in the first half of 2026; however, higher taxes under Nigeria's new tax regime and strategic balance sheet adjustments reduced their net profits, despite resilient margins, stronger balance sheets, and rising investor confidence. An analysis of the companies' half-year (H1) financial results shows that, …
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 …
As regulators award new acreage under the Petroleum Industry Act, questions remain over whether infrastructure, investment, and operational realities can deliver on the ambitious 2030 output targets. The 3-Million-BPD Ambition For decades, achieving a three-million-barrel-per-day (bpd) target has seemingly remained elusive in Nigeria’s oil sector as the country’s production has been hindered by years …
Nigeria's foreign exchange market recorded its highest weekly turnover this year; however, a new analysis has warned that the milestone may reflect temporary, large transactions rather than lasting improvements in market liquidity and stability. According to an editorial released by the Alliance for Economic Research and Ethics, total spot and derivatives turnover reached $4.375 billion …
Lower electricity output dragged Transcorp Group's half-year earnings, while manufacturers such as Unilever Nigeria and Guinness Nigeria returned stronger profit growth as lower foreign exchange losses eased pressure on their bottom lines. Pinnacle Daily can report. Its analysis of the H1 2026 financial results of Transcorp Group, Transcorp Hotels, Unilever Nigeria, Guinness Nigeria, Fidson Healthcare …
Four years ago, Abubakar Malami stood at a political crossroads. One path led to Kebbi Government House. The other kept him at the centre of federal power as Nigeria's attorney general. He chose power over ambition. Today, as he battles asset forfeiture, corruption allegations and an uphill governorship race, that decision is once again under …
Nigeria's ambitious Industrial Policy 2025 faces implementation concerns as millions of small businesses struggle to survive harsh operating conditions. The Chairman of the Alliance for Economic Research and Ethics, Dele Kelvin Oye, raised the concern. According to him, Nigeria's Industrial Policy 2025 (NIP2025) risks failing to achieve its objectives unless the government closes the gap …
