Business News
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5Free Zones Drive $500m Exports, 20,000 Jobs –FG
The Federal Government has stated that Nigeria’s Special Economic Zones (SEZs) generated over $500m in export revenues and created more than 20,000...
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5UK Investors Drive 65% of Nigeria’s Foreign Inflows
Nigeria attracted about 65 per cent of its recent foreign capital inflows from United Kingdom investors over the past year, with investments...
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516Investor Confidence Lifts Foreign Inflows to $14b –FG
Nigeria attracted nearly $14bn in combined foreign portfolio investment and foreign direct investment in the first nine months of 2025, driven by...
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117Electricity Subsidy Nears ₦2tr Yearly
Amid its struggles to pay the over N4tn debt owed to power generation companies, the Federal Government incurred a total of N1.98tn...
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508Oil Dips on Ample Supply Outlook, Market Weighs Venezuelan Output
Oil prices fell on Tuesday on expectations of ample global supply amid weak demand, and as the market weighed the prospect of...
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473Oil Trades Sideways Despite Political Turmoil in Venezuela
Oil prices inched up on Monday as investors weighed whether political upheaval in OPEC member Venezuela would disrupt shipments after U.S. President...
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447Stocks Start 2026 Upbeat on Tech, Silver Jumps
Stocks opened the new year with artificial intelligence and chipmaking once again dominating market moves. Precious metals — another hot corner of...
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236
Foreign Direct Investments Soar Sevenfold to $720m in Q3
Foreign direct investments (FDIs) into Nigeria surged to $720 million in the third quarter of 2025, a sevenfold jump from $90 million...
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237Tax Laws to Support, not Burden Airlines –FG
The federal government has moved to reassure the aviation industry that the newly enacted tax laws are designed to support, rather than...
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241Nigeria Records $4.6b Balance of Payment Surplus in Q3’25
Nigeria’s financial transactions with the rest of the world improved markedly in the third quarter of 2025 (Q3’25), as the country recorded...
