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Private sector laments loan repayment as interest rate hits 26.26%
Finance

Nigeria records 428% surge in foreign capital inflows

Nigeria recorded a significant surge in foreign capital inflows in 2025, receiving $20.98 billion in the first ten months of the year, according to Central Bank Governor Olayemi Cardoso. These inflows represent a 70% increase compared to the total received throughout 2024, and a substantial 428% jump from the $3.9 billion recorded in 2023. Cardoso […]

Nigeria's foreign capital rises 66.27% in Q4 2023 
Business

Nigeria’s foreign capital rises 66.27% in Q4 2023 

Nigeria experienced a noteworthy increase in capital inflows, representing a 66.27% rise in comparison to data from the third quarter of 2023. The Times reported that the figures increased from $654.65 million in Q3 2023 to $1.09 billion in the last quarter of the year, indicating a strong recovery and a favourable reaction to the economic […]