9 h. ago Nigeria’s manufacturing investments dip to lowest level since 2018

Nigeria’s capital importation into the manufacturing sector has dipped to its lowest level since 2017 despite foreign exchange stability, data read more Nigeria’s manufacturing investments dip to lowest level since 2018

Politics

42 h. ago Tinubu travelling around like tourist amid Nigeria’s worsening situation — Peter Obi

Tribune Online Tinubu travelling around like tourist amid Nigeria’s worsening situation — Peter Obi "Most importantly, our President must know that he's not a tourist, but the Chief Executive of a troubled nation, so he must..." Tinubu travelling around like tourist amid Nigeria’s worsening situation — Peter Obi Tribune Online

Politics

3 d. ago Capital importation to reach $19.3bn in 2025, Afrinvest forecasts

Tribune Online Capital importation to reach $19.3bn in 2025, Afrinvest forecasts NIGERIA’S capital importation is projected to hit $19.3 billion by the end of 2025, marking a significant 56.1 per cent increase compared to 2024, according to a forecast by Afrinvest (West) Africa Limited. The investment banking and advisory firm attributed the upbeat outlook to a favourable domestic interest rate environment, relative price and currency stability, […] Capital importation to reach $19.3bn in 2025, Afrinvest forecasts Tribune Online

Politics

3 d. ago How paper imports cripple $5bn of local industry potential despite the ‘Nigeria first’ policy

In the crowded markets and classrooms of Nigeria, paper is an ever-present and essential commodity. From the exercise books in read more How paper imports cripple $5bn of local industry potential despite the ‘Nigeria first’ policy

Politics

4 d. ago ‘Hot money’ fuels Q1 2025 capital importation, accounting for 92.2% of inflows

Tribune Online ‘Hot money’ fuels Q1 2025 capital importation, accounting for 92.2% of inflows Nigeria’s capital importation surged to its highest level in five years in the first quarter (Q1) of 2025, but the growth was overwhelmingly driven by short-term “hot money” flows. Portfolio investments—often speculative and highly sensitive to market shifts—accounted for a dominant 92.2 percent of total inflows, signalling both renewed investor interest and potential volatility ahead. […] ‘Hot money’ fuels Q1 2025 capital importation, accounting for 92.2% of inflows Tribune Online

Politics

6 d. ago Indian Refiners Increase Crude Imports From Nigeria After Russia Ban

The combined spot purchases by the two state refiners for September and October are equivalent to about 6% of India's crude processing in May. The post Indian Refiners Increase Crude Imports From Nigeria After Russia Ban appeared first on Channels Television.

Politics

7 d. ago Bayelsa Gov’s Aide Decries Poverty, Cancer Crisis in Niger Delta

According to him, without a safer Niger Delta, the Federal Government’s projections for increased crude oil production—and the development that depends on it—would be unattainable. The post Bayelsa Gov’s Aide Decries Poverty, Cancer Crisis in Niger Delta appeared first on Channels Television.

Politics

8 d. ago NHRC, Taipei Trade Empower Victims Of Human Rights Violations

The Taipei Trade Office in Nigeria, in collaboration with the National Human Rights Commission (NHRC), empowered 11 indigent victims of human rights violations yesterday in Abuja with a total of N1,000,000 contributed by the Taipei Trade Office in Nigeria. The head of mission, Taipei Trade Office in Nigeria, Andy Yih-Ping Liu, highlighted the importance of […]

Politics

8 d. ago 7% seaport surcharge threatens cargo clearance at Nigerian ports

Tribune Online 7% seaport surcharge threatens cargo clearance at Nigerian ports 7 per cent levy not ours —Customs CG • Cost of vehicles will rise —Motor dealers IMPORTERS are threatening to abandon cargoes at the nation’s ports following the presence of a seven per cent surcharge levy on the B’Odogwu Declaration form being issued to importers by the Nigeria Customs Service (NCS), checks by the Nigerian […] 7% seaport surcharge threatens cargo clearance at Nigerian ports Tribune Online

Transport

9 d. ago 70% of manufacturing inputs imported, sector’s GDP role below 10% –RMRDC

By Durosimi Temitope The Raw Materials  Research and Development Council (RMRDC) has said over 70 per cent of manufacturing inputs used in the economy are imported into Nigeria. Director General of the council, Nnanyelugo  Ike-Muonso, who made the disclosure recently in Lagos, decried Nigeria’s manufacturing contribution to GDP which remains below 10 per cent, registering […] The post 70% of manufacturing inputs imported, sector’s GDP role below 10% –RMRDC appeared first on The Sun Nigeria.

Politics

9 d. ago Nigeria is our very important partner in Africa – Sanna Selin, Finland’s Ambassador to Nigeria

With its political influence, economic scale, and regional leadership, Nigeria stands out as a strategic partner for Finland’s growing engagement read more Nigeria is our very important partner in Africa – Sanna Selin, Finland’s Ambassador to Nigeria

Politics

1 week ago Abuja Overtakes Lagos As Nigeria Records $5.64bn Capital Importation In Q1

Nigeria recorded a substantial capital importation of $5.642 billion in the first quarter of 2025, reflecting renewed investor confidence and marking a significant shift in investment destination preferences within the country. According to the latest figures released by the National Bureau of Statistics (NBS), the Federal Capital Territory (FCT), Abuja, outperformed Lagos State in terms […]

Politics

1 week ago FCT Displaces Lagos, Emerges Nigeria’s Top Foreign Investment Destination

The Federal Capital Territory (FCT) has emerged as the top destination for foreign investment into Nigeria, according to a report by the National Bureau of Statistics (NBS). The report, titled ‘Nigeria Capital importation, Q1 2025’, said that the FCT attracted $3.04bn to come ahead of Lagos State, which attracted $2.54bn during the period. LEADERSHIP reports […]

Politics

1 week ago Nigeria Records $5.64bn Capital Importation In Q1 2025 — NBS

Nigeria attracted a total of $5.642 billion in capital inflows in the first quarter of 2025, marking a significant 67.12 per cent increase compared to the $3.376 billion recorded in the same period in 2024, according to the latest report by the National Bureau of Statistics (NBS). The figure also represents a 10.86 per cent […]

Politics

1 week ago Foreign investment into Nigeria soar by 67% to $5.6bn in Q1 2025

Nigeria, in the first quarter of 2025, recorded a total capital importation of $5.642 billion, which is 67.12 percent higher read more Foreign investment into Nigeria soar by 67% to $5.6bn in Q1 2025

Politics

1 week ago Customs migrates from fast track scheme to authorised economic operator programme

Tribune Online Customs migrates from fast track scheme to authorised economic operator programme "The scheme is also designed to build trust, ensure cargo integrity, and enhance the predictability and transparency of Nigeria’s import-export operations.... Customs migrates from fast track scheme to authorised economic operator programme Tribune Online

Culture

4 w. ago Increase in import volume affecting Nigeria’s currency — Prof Opara

From Okwe Obi A former Executive Secretary of the Nigerian Christian Pilgrim Commission (NCPC), Prof Kennedy Opara, has attributed the weak nature of the naira to the increased volume of imported goods. Opara, who is the Chairman of CSSP Farm, Gora, told journalists recently that Nigeria must look inwards, especially in agriculture, to strengthen the […] The post Increase in import volume affecting Nigeria’s currency — Prof Opara appeared first on The Sun Nigeria.

Politics

4 w. ago Oyetola Unveils Local Production Plan To End Fish Importation

The minister of Marine and Blue Economy, Adegboyega Oyetola, has vowed to end Nigeria’s dependence on fish importation by aggressively boosting local fish production. At a high-level consultative meeting with fisheries cooperative groups in Abuja, the minister outlined a bold vision aimed at transforming the nation’s aquaculture sector into a powerhouse of food security, employment, […]

Politics