Akinrinde Dorcas

In a landmark move aimed at transforming Nigeria’s agricultural sector and promoting sustainable economic growth, the Federal Government, in collaboration with Germany and the European Union (EU), has unveiled the €18.3 million EU-VACE TARED (Agriculture Value Chain Facility – Transformative Agricultural Systems for Rural Economic Development) project. This four-year initiative, running from October 2024 to …

Germany, EU, and Nigeria Launch €18.3 Million Agriculture and Job Creation Initiative Read More »

In the first quarter of 2025, Nigeria’s economy recorded a year-on-year real GDP expansion of 3.13 percent, edging ahead of the previous year’s 2.27 percent but falling short of the 4.9 percent consensus expectation. This performance, while modest, offers a prism through which capital markets, both local and international are refracting Nigeria’s evolving investment narrative. …

Nigeria’s financial markets amid global economic shifts Read More »

The Nigeria’s total Capital importation in the Q1 2025 reached $5,642.07 billion, which is an increase from $3,376.01 billion recorded in Q1 2024. This represents a growth of 67.12% compared to the previous quarter. Additionally, capital importation rose by 10.86%, increasing from $5.09 billion in Q4 2024. Analysis The Total Capital importation stood at $5.64 …

Nigeria’s Capital Importation Rises to $5.64bn in Q1 2025 Read More »

The Naira remains under the steady hand of the Central Bank of Nigeria (CBN), which injected $166 million into authorised dealer banks during the week in a bid to manage the surging demand for US dollars at the official foreign exchange window. The intervention helped keep the market relatively stable, though forward contracts showed signs …

CBN Intervenes with $166 Million as FX Pressures Mount on the Naira Read More »