Nigeria’s capital importation rises 256.9% to $2.82bn 

Nigeria’s capital importation rises 256.9% to $2.82bn 

Nigeria’s capital importation rose by 256.9 per cent year-on-year (YoY) to $2.82 billion in April 2026 from $0.79 billion in the corresponding period of 2025, indicating increased investor confidence in the economy, the Central Bank of Nigeria (CBN) has said. However, capital importation declined by 26.7 per cent month-on-month (MoM) from $3.85 billion in March […]
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LCFE gets NMDPRA licence to trade, clear petroleum liquid

LCFE gets NMDPRA licence to trade, clear petroleum liquid

By Peter Egwuatu The Lagos Commodities and Futures Exchange (LCFE) has secured a licence from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to facilitate the trading and clearing of petroleum liquids, in a development expected to deepen price discovery, transparency and investment in Nigeria’s energy market. The approval provides LCFE with the regulatory […]