Nigeria’s private sector output hits six-month high despite power outages, payment delays
Business activity in Nigeria’s private sector strengthened in October, marking the highest output growth in six months, even as power...
Nigeria’s FX utilisation for foreign education, medical tourism falls by 66% in Q1 2025
Nigeria’s foreign exchange spending on foreign education and medical tourism fell sharply by 66% year-on-year in the first quarter of...
Nigeria seeks fresh $1 billion World Bank loan to boost jobs, investment
Nigeria has begun discussions with the World Bank for a new $1 billion loan under a programme designed to accelerate...
FGN bond subscriptions stay above N1 trillion despite falling rates
Nigeria’s October 2025 bond auction showed that investor appetite for Federal Government securities remains robust even as rates trend lower.
Nigerians hold N4.47 trillion cash outside banks in September as money supply drops
Nigerians held N4.47 trillion in cash outside the banking system in September 2025, despite a contraction in overall money supply,...
Nigeria’s money supply drops to N117.78 trillion in September amid rate cut
Nigeria’s broad money supply (M3) dropped to N117.78 trillion in September 2025, marking a 1.6% decline from N119.69 trillion in...
Foreign investors buy over N1 trillion Nigerian stocks in nine months
Foreign portfolio investors have poured N1.03 trillion into Nigerian equities in the first nine months of 2025, according to the...
ATM withdrawals climb to N15.97 trillion in Q1 2025 despite new fees
Automated Teller Machine (ATM) transactions in Nigeria surged in the first quarter of 2025 despite the Central Bank of Nigeria...
IMTO inflows down $193.14 million in Q1 2025, miss remittance target
Nigeria’s International Money Transfer Operator (IMTO) inflows declined by $193.14 million in the first quarter of 2025. Data from the...
Top 10 most expensive states to live in Nigeria in September 2025
Nigeria’s headline inflation eased to 18.02% in September 2025 from 20.12% in August, according to the latest Consumer Price Index...
