Foreign investments into the Nigerian economy soared to its highest in at least two years after jumbo rate hikes by the CBN helped lure capital.
Capital inflow jumped from $0.33 billion in January 2024 to $2.06 billion in the corresponding month in 2025, marking a 524.24 percent increase in one y
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
