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Economics FEATURED Latest TOP STORIES 

Soaring prices push Nigeria’s PMI to lowest in seven months

July 1, 2024 Markets Reporters 0 Comments Muyiwa Oni, Nigeria PMI, Stanbic IBTC PMI

Business activity in Nigeria fell in June to the lowest level in seven months as companies jacked up their prices

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Economics FEATURED Latest TOP STORIES 

Foreign investment flows to Nigeria triple in Q1

July 1, 2024July 1, 2024 Markets Reporters 0 Comments Foreign investment, Nigeria capital importation

Foreign capital imported into Nigeria tripled in the first three months of this year compared to the last quarter of

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FEATURED Latest Thinkpiece TOP STORIES 

Exodus of multinationals from Nigeria is a worrying trend: CIoD

June 25, 2024June 25, 2024 Markets Reporters 0 Comments CIoD Nigeria, Forex crisis in Nigeria, Multinationals exit Nigeria

By Bamidele Alimi Introduction Over the past decade, Nigeria has seen a significant exodus of multinational companies (MNC). These exits have raised

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Energy FEATURED Latest TOP STORIES 

Dangote’s dirty fuel import allegation inaccurate, say depot owners

June 24, 2024 Markets Reporters 0 Comments

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has refuted the allegation by Dangote Industries Limited that the

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Energy FEATURED Latest TOP STORIES 

TotalEnergies, NNPC sanction new project for gas supply to NLNG

June 20, 2024June 20, 2024 Markets Reporters 0 Comments NLNG Train 7, NNPC, TotalEnergies, Ubeta gas field

TotalEnergies and the Nigerian National Petroleum Company Ltd have taken the final investment decision for the development of the Ubeta

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Economics FEATURED Latest TOP STORIES 

Annual FDI flows to Africa extend decline to $53bn

June 20, 2024June 20, 2024 Markets Reporters 0 Comments FDI flows, Foreign direct investment, UNCTAD

Foreign direct investment (FDI) flows to Africa fell by 3% to $53 billion in 2023, the latest World Investment Report released

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation nears 34% despite fall in monthly food price growth

June 15, 2024June 17, 2024 Markets Reporters 0 Comments Food insecurity in Nigeria, Inflation in Nigeria

Nigeria saw its inflation rate rise to 33.95 percent in May from 33.69 percent in the previous month, new data

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation crisis will be prolonged: Capital Economics

June 15, 2024June 15, 2024 Markets Reporters 0 Comments Capital Economics, Food prices in Nigeria, Nigeria inflation

The inflation rate in Nigeria that is at its highest in nearly 30 years will stay elevated for long, analysts

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Energy FEATURED Latest TOP STORIES 

Nigeria’s mining law, fiscal incentives need rejig, says KPMG

June 15, 2024June 15, 2024 Markets Reporters 0 Comments KPMG Nigeria, Nigeria mining sector, Nigerian Minerals and Mining Act

There is an urgent need to revise the Nigerian Minerals and Mining Act (NMMA) and harmonise the fiscal incentives in

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Economics FEATURED Latest TOP STORIES 

Nigeria’s May inflation seen defying CBN rate hike

June 15, 2024June 15, 2024 Markets Reporters 0 Comments CBN rate hike, Financial Derivatives Company, Inflation rate in Nigeria

The inflation rate for last month is expected to be higher than 33.69 percent despite the further increase in the

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