Economic Reforms Opening Domestic Markets For FDI Inflows
Capital inflows to Nigeria stood at $5.6bn in the first quarter of 2025, the National Bureau of Statistics ,NBS, data shows. The International Monetary Fund ,IMF, says the quantum of investments into the domestic economy are determined by a mix of economic, institutional, and market-related factors. For Nigeria, market size, growth potential, high level of macroeconomic stability and financial sector reforms instituted by the Central Bank of Nigeria ,CBN, that enable foreign investors to repatriate profits to home country remain big incentives for investors.
ADC Asks Court To Dismiss Suit Against David Mark, Aregbesola
African Democratic Congress ,ADC, has asked the Federal High Court in Abuja to dismiss the suit seeking the removal of Sen. David Mark and...
NiMet Predicts 3-Day Thunderstorm, Rainfall Across Nigeria
Nigerian Meteorological Agency, NiMet, has forecast three days of thunderstorm and rainfall across the country from Monday to Wednesday.
Inflation Rate Drops To 20.12%
Inflation rate dropped to 20.12% in August, according to the latest Consumer Price Index, CPI, report released by the National Bureau of Statistics, NBS, yesterday, signifying 5th consecutive drop.
Shettima Orders Disbursement Of FG’s N250bn Credit Support Loan
Vice-President, Senator Kashim Shettima, has directed the Presidential Food Systems Coordinating Unit, PFSCU, to expedite action on the disbursement of the Federal Government’s ₦250 billion credit support for small holder farmers at a single-digit interest rate.