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Nigeria’s Capital importation rises 83% to $10.37bn

Nigeria’s capital importation surged by 83.8 per cent to $10.37 billion in the first quarter of 2026 (Q1’26), up from $5.64 billion recorded in the corresponding period of 2025, signaling renewed foreign investor confidence in the country’s financial markets.

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Recidivism: FG cuts repeat offenders from 11,600 to 1,300; as 15,632 jailed in May, 14,190 released

By Omeiza Ajayi ABUJA — The Federal Government on Wednesday said recidivism within the Nigerian Correctional Service (NCoS) has dropped sharply from 11,616 in 2023 to 1,382 in 2025, attributing the decline to ongoing rehabilitation and reformation programmes under President Bola Tinubu’s administration. Minister of Interior, Dr. Olubunmi Tunji-Ojo, disclosed this during the presentation of […]

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