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Foreign portfolio investment has become the main channel through which foreign capital is entering Nigeria in recent years. In 2025, total capital importation reached about $23.22 billion, with portfolio investment accounting for roughly $19.74 billion—more than 85 per cent of…
Read moreNigeria’s economy has entered a new phase where the focus is shifting from stabilising key economic indicators to delivering real improvements in investment, productivity and living standards, according to FirstBank’s “Reading the Signals | The Next Half” Mid-Year Economic &…
Read moreNigeria is at risk of becoming permanently dependent on foreign artificial intelligence (AI) technologies unless it significantly increases investment in developing indigenous AI models, datasets and computing infrastructure, according to a new report. The post Nigeria is adopting AI fast,…
Read moreSkyway Aviation Handling Company Plc reported pre-tax profit of N5.827 billion for the first half year ended 30 June 2026, representing a 41.49% decline from N9.958 billion recorded in the corresponding period of 2025. The post SAHCO’s H1 2026 pre-tax…
Read moreThe Nigerian equities market closed the week at losses, with the benchmark All-Share Index slipping 0.03% session-on-session and 0.81% week-on-week to close at 245,283.68 points, down from 245,362.26 points last session, and 247,357.40 points at the start of the week.…
Read moreNigeria needs approximately 20 million additional homes. Most discussions focus on how quickly those homes can be built…. The post Building homes or building an economy? Why nigeria’s housing strategy will determine the path to a us$1 trillion economy appeared…
Read moreFirstBank of Nigeria Limited has said Nigeria’s economy has entered a new phase where the priority is no longer restoring macroeconomic… The post FirstBank: Economic stability alone won’t improve Nigerians’ living standards appeared first on Nairametrics.
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Indigenous commodity trader Cardinal Torch Company Limited has announced plans to transition into a full-fledged agro-processing in a strategic shift to capture higher margins along Nigeria’s agricultural value chain. The post Cardinal Torch pivots to agro-processing after N10 billion fundraising…
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The Central Bank of Nigeria (CBN) sterilized N7.18 trillion from the financial system in July through Open Market Operations (OMO) auctions, a 48.57% decline from the N13.96 trillion mopped up conducted in June. The post CBN mops up N7.2 trillion…
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