BD Business Week – BusinessDay Television

Why Is Nigeria Not Able to Attract FDI Despite Reforms?

Nigeria devalued the Naira and cut subsidies to attract foreign investors, so why is foreign direct investment (FDI) still completely avoiding the country? We break down the alarming systemic failures ...holding back Nigeria's path to a $1 Trillion economy.

BusinessDay Publisher Frank Aigbogun and Lolade Akinmurele (Editor, BusinessDay) and Bunmi Bailey (Assistant Editor, BusinessDay) dissect the jarring paradox of Nigeria’s current economic climate. While the Central Bank of Nigeria (CBN) has achieved stability with foreign portfolio investment (FPI) and the Nigerian exchange group (NGX) stock market has experienced a massive 50% rally, long-term foreign direct investment remains critically absent. We contrast Nigeria's stagnation with Egypt’s massive $46 Billion capital importation breakthrough to pinpoint what the presidency is getting completely wrong.

The conversation addresses the core structural blockades paralyzing local and global investor confidence, including severe manufacturing power outages, national insecurity crippling agriculture, and highly elevated tax structures. Furthermore, we reveal why a booming stock market has failed to trigger Initial Public Offerings (IPOs), evaluating why major institutions like the Dangote Refinery are diversifying across multiple African exchanges rather than relying solely on local liquidity. Finally, we analyze banking sector efficiency, investigating why aggressive expansion models like Access Bank are raising serious questions among asset management firms.

CHAPTERS:
00:00 – Introduction: The African Inflation Snapshot
02:10 – How Ghana, Angola & Zambia Are Beating Nigeria's Inflation
04:00 – The Fallout of 2023 Subsidy & Currency Reforms
05:25 – CBN Exchange Rate Management & FPI Stability
07:08 – The FDI Crisis: Why Foreign Direct Investment is Lagging
09:20 – How Egypt Attracted $46 Billion While Nigeria Missed Out
11:05 – What Global Investors Look for After an Election Cycle
12:10 – Structural Failure: Power, Security, and Manufacturing Stagnation
13:15 – Domestic Investment vs FDI: The Local Investor Network
14:45 – Tracking Tinubu's $1 Trillion Economy Target for 2030
15:35 – The Stock Market Rally Paradox: Where Are the IPOs?
16:20 – Dangote Refinery IPO Strategy & Cross-Border Listings
18:40 – High Interest Rates vs Equity Alternatives for Expansion
21:20 – Devaluation & Profit Declines in Nigerian Banking Stocks
22:30 – Access Bank Acquisition Strategy vs Efficiency Concerns
23:25 – Conclusion: Nigeria's Path to Single-Digit Inflation

#nigeria #economy #FDI #news #naira #tinubuShow More

Why Is Nigeria Not Able to Attract FDI Despite Reforms?

Nigeria devalued the Naira and cut subsidies to attract foreign ...

Will Dangote Petrol Prices Drop Below ₦1,000 This Month?

As global crude oil prices begin to plunge, millions of Nigerians are ...

As global crude oil prices begin to plunge, millions of Nigerians are desperately looking for a massive sigh of relief at the petrol pumps. BusinessDay Publisher Frank Aigbogun and Lolade ...Akinmurele (Editor, BusinessDay) and Bunmi Bailey (Assistant Editor, BusinessDay) break down exactly how the shifting dynamics between international energy markets, the Central Bank of Nigeria's foreign exchange reserves, and local supply hubs will impact your wallet this month.

The global economy is facing a massive shakeup as international oil benchmarks cool down from their wartime peaks. While this usually signals a drop in retail fuel costs, the structural realities of Nigeria’s economy mean things aren’t always that simple. We dive deep into the operations of the Dangote Refinery, analyzing how its domestic crude allocations from the Federal Government are impacting local supply chains and why the refinery has suddenly become a dominant player in aviation fuel and regional West African trade.

Furthermore, we contrast Nigeria's current macroeconomic landscape with other African peers like Zambia, Angola, and Ghana. While rising copper demand has stabilized currencies elsewhere, Nigeria’s production-sensitive model continues to struggle with persistent inflationary pressures, elevated food prices, and an influx of foreign portfolio investments. Watch until the end to understand whether true disinflation is on the horizon or if the high cost of living is here to stay.

CHAPTERS:
00:00 – Introduction: The Shocking Fuel Price Dilemma
01:15 – Where Did Nigeria's $23 Million-a-Day Excess Oil Profit Go?
02:30 – The Real Reason Nigeria's Foreign Exchange Reserves Are Rising
03:45 – Will Dangote Petrol Prices Drop Below ₦1,000 This Week?
05:10 – Why Fuel Prices Spike Instantly But Drop Mechanically Slow
06:40 – How the Geopolitical Crisis Handed Dangote Free Crude Oil
08:20 – Aviation Fuel & Jet A1: Dangote’s Global Takeover
09:50 – African Inflation Battle: Why Zambia and Angola Are Beating Nigeria
11:30 – Strategic Conclusion: Nigeria’s True Comparative Advantage

#DangoteRefinery #dangote #FuelPrice #Nigeria #Naira #NewsShow More

Court Declares N110bn Splurge on SUVs, Allowances for Lawmakers Unlawful

The Federal High Court has officially declared the controversial ₦110 ...

The Federal High Court has officially declared the controversial ₦110 Billion splurge on luxury SUVs and allowances unlawful. As household purchasing power vanishes across Nigeria, this landmark judgment marks a ...major turning point in the fight against political corruption and economic insensitivity.

In this episode of Business Week, BusinessDay Publisher Frank Aigbogun and Lolade Akinmurele (Editor, BusinessDay) break down the legal and economic implications of the recent Federal High Court ruling against the National Assembly’s ₦110 billion luxury vehicle purchase. They discuss the deep leadership problem and systemic corruption that allows political office holders to enjoy immense luxury while everyday Nigerians struggle to survive on multiple jobs under severe economic reforms.

Furthermore, the discussion tackles Nigeria's rising debt stock, the massive trust deficit between citizens and the government, and the recurring pattern of executing 100% recurrent expenditure while starving capital developments. They also analyze the ongoing security crisis, the recent Oyo State police rescue of the Adelabu family, and the strategic leadership reforms needed such as leveraging technology and economic stability to rescue Nigeria from severe poverty and institutional collapse.

CHAPTERS
00:00 – Introduction & Nigeria's Collapsing Purchasing Power

00:37 – Court Rules ₦110Bn Lawmaker SUVs Unlawful

01:26 – Nigeria's Rising Debt Stock vs Luxury Spending

02:50 – Why the Court Struck Down the N110B Allocation

03:24 – The Nigerian Leadership Crisis & Political Corruption

05:19 – Recurrent Expenditure vs Capital Spending Crucial Gap

07:59 – Comparative Analysis: Why Businesses Choose Ghana Over Nigeria

10:53 – Security Crisis: Police Rescue Adelabu's Family

13:57 – The Extortion Problem in the Nigerian Police Force

17:15 – 3 Strategic Steps the President Must Take to Fix Insecurity

19:00 – Conclusion & Business Week Wrap-up

#Nigeria #news #politics #economy #NationalAssemblyShow More

For Nigerian Households, One Job Is No Longer Enough

Nigeria’s cost of living crisis has reached a breaking point, one job ...

Nigeria’s cost of living crisis has reached a breaking point, one job per household is no longer enough to survive. Discover the brutal reality of stagnant incomes versus spiralling inflation ...and what it takes to stay afloat.

In this episode of Business Week, BusinessDay Publisher Frank Aigbogun and Lolade Akinmurele (Editor, BusinessDay) deliver a detailed breakdown of the unfolding economic crisis facing Nigerian households. Driven by the removal of the petroleum subsidy, multiple exchange rate alignments, and a staggering 5x surge in food prices since 2015, the purchasing power of the average family has completely faded. While institutional investors watch the stock market triple, multi-dimensional poverty has spiked to over 131 million citizens who are left scrambling to find survival side hustles just to buy food and pay basic bills.

They dive deep into an exclusive BusinessDay survey tracking how professionals including Lagos bankers are forced into ride-hailing gigs like Uber and online social media retail to combat stagnant incomes. They dissect the historical context of Nigeria's dependency on oil exports, the reckless cycle of currency devaluation, and the alarming lack of empathy from a political class spending ₦110 billion on luxury SUVs. Discover the critical infrastructure and structural reforms needed to establish a viable consumer credit framework, lower energy costs, and save the largest market in Africa from a catastrophic collapse in consumer purchasing power.

CHAPTERS:
00:00 – Introduction to Nigeria’s Household Crisis
01:06 – The Fading Purchasing Power & Inflation Spike
02:24 – Food Inflation & The Reality of Food Costs
03:10 – Why ₦2 Million is the New Minimum Survival Income
04:50 – The Rise of Ride-Hailing Gigs and Side Hustles
07:39 – Does the Government Understand the People's Pain?
09:59 – Poverty Statistics & Declining Consumer Purchasing Power
11:37 – Historical Look: How Nigeria's Economy Got Here
14:20 – The Truth About Petrol Subsidy & Exchange Rate Reforms
18:46 – Targeted Infrastructure Investments Over Debt
21:13 – Consumer Credit: Why Global Brands Are Exiting Nigeria
23:19 – Outro and Upcoming National Assembly Discussion

#Nigeria #news #Economy #costofliving #povertyShow More