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Food price surge offsets inflation drop, CPPE warns

Despite Nigeria’s recent decline in headline inflation, the Centre for the Promotion of Private Enterprise (CPPE) has cautioned that persistent food price increases and...

Foreign Direct Investment Plunges 70% in Three Months

Nigeria’s foreign direct investment (FDI) fell dramatically by 70.06% in the first quarter of 2025, raising fresh concerns over the country’s ability to attract...

Banking Sector Records $3.1bn Foreign Investments in Q2

In a strong show of investor confidence, Nigeria's banking sector attracted an impressive $3.13 billion in foreign capital inflows in the first quarter (Q1)...

Foreign Investment Jumps 88% to N118.9bn on NGX

Foreign portfolio investment (FPI) on the Nigerian Exchange Limited (NGX) surged significantly in May 2025, reaching N118.91bn, an 88.54% rise from the N63.07bn recorded...

Midterm Reckoning: Labour Counters Tinubu’s Scorecard, Says Reforms Inflict Pain

As President Bola Ahmed Tinubu marked his second year in office with a national broadcast reaffirming his administration’s commitment to economic reform under the...

Economic Reforms: Ooni of Ife Commends Tinubu’s Efforts

Ooni of Ife, Oba Adeyeye Ogunwusi Ojaja II, has commended President Bola Tinubu's economic reforms, stating that the initial hardship is gradually giving way...

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