Tag: NBS report

Foreign inflows pour $13.5bn into Nigerian banks as recapitalisation boosts confidence

Business Damilola Bayonle -
Nigeria’s banking sector witnessed a dramatic surge in foreign capital inflows in 2025, driven largely by an aggressive recapitalisation...

Nigeria attracts $6.44bn in capital importation as UK investors dominate financial market surge

Business Damilola Bayonle -
Nigeria’s external capital inflows recorded a notable upswing in the final quarter of 2025, with total capital importation climbing...

Nigeria imports from Europe drop by N5.36tn as Asia dominates trade

Business Damilola Bayonle -
Nigeria’s import landscape is undergoing a major transformation as Nigeria imports from Europe drop sharply, signaling a structural shift...

Nigeria’s exports fall in Q4 2025 as crude oil shipments drop, imports rise — NBS report

Business Damilola Bayonle -
Nigeria recorded a decline in export earnings in the fourth quarter of 2025 despite maintaining a trade surplus during...

Food prices finally ease in Nigeria as key staples record November drop – NBS

Business Damilola Bayonle -
Nigeria recorded a modest easing in food prices in November 2025, offering a rare moment of relief for households...

Nigeria’s inflation rate falls to 18.02% — six-month decline economic optimism

Business Damilola Bayonle -
Nigeria’s inflation rate recorded a significant slowdown in September 2025, dropping to 18.02 percent, according to the latest report...

Nigeria’s Trade with African Countries Soars by N610bn — A Powerful Boost for Regional Growth

Business Damilola Bayonle -
Nigeria’s trade with African countries has recorded a remarkable upswing, expanding by N610bn in the first half of 2025,...

Petrol Imports Skyrocket by 105% to #N15tn, Says NBS

News Damilola Bayonle -
Nigeria's Petrol imports skyrocketed in 2024, despite significant investments in local refining capacity, highlighting the country's continued reliance on...