NGX Group are targeting $6 billion in foreign investments by 2025 to boost Nigeria’s economy, focusing on infrastructure, SMEs, and green finance.
Foreign investments in Nigeria surged 524% in January 2025, driven by CBN’s aggressive interest rate hikes. Portfolio inflows dominate, while FDI continues to decline.
Despite the euro’s surge against the U.S. dollar in global markets, the Nigerian naira remained steady on the parallel market
Nigeria has fallen to third place in Africa’s 2025 hotel development pipeline, overtaken by Morocco, according to the W Hospitality Group.
Airlines slash flight ticket prices from Nigeria to Europe amid the February–May low travel season. Business and economy class fares see major drops
Nigeria saw a 9% rise in remittance inflows in 2024, hitting $20.98 billion—the highest in five years under CBN Governor Olayemi Cardoso.
China retaliates with an 84% tariff on US imports after President Trump’s 104% tariff on Chinese goods, sparking global market concerns.
Protests planned by the Take it Back Movement in Lagos, Abuja, Port Harcourt, and Ibadan may trigger a showdown with security forces as police vow to halt what they call a subversive act on National Police
U.S. President Donald Trump has announced a 14% tariff on Nigerian exports, citing trade imbalance. The new policy impacts over 50 countries and sparks global trade concerns.
The naira struggles below ₦1,550/$ in the parallel market despite growing FX reserves. Meanwhile, global markets await President Trump’s new tariff plans.
