Business

By Yinka Kolawole Manufacturers under the aegis of the Manufacturers Association of Nigeria Export Group (MANEG) have raised concerns over what they described as a policy imbalance by the Central Bank of Nigeria (CBN), following its recent decision to allow International Oil Companies (IOCs) unfettered access to repatriate 100 per cent of their export proceeds. The […]

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…Drops to $772.45m in 2025 •Sector’s investment share falls to 3.33% from 49.73% in 2023 By Yinka Kolawole Foreign investment in flows into Nigeria’s manufacturing sector have suffered a sharp decline over the past two years, underscoring weakening investor confidence in the country’s real sector despite a surge in overall capital importation. Data obtained from the […]

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By Peter Egwuatu   Profit taking by investors characterised the Nigeria stock market last week,  leading to the decline in the major performance indicators. Specifically, the Nigerian Exchange Limited, NGX market capitalisation, which represents the value of equities listed on the Exchange, dropped to N128.969 trillion last week from N129.125 trillion the previous week. Similarly, another […]

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