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Facts & Figures

FG Spends N611.7bn on Dollar Bond Service in March – DMO

The Federal Government spent N611.71bn in March 2025 to service its first-ever domestic US Dollar-denominated bond.

Money Supply Declines by 0.25%, CBN Discloses

Nigeria’s broad money supply declined for the second time this year, falling slightly to N119.01tn in May 2025, according to fresh data from the Central Bank of Nigeria (CBN).

NBS Reports 29% Surge in Farm Produce Costs

NBS Reports 29% Surge in Farm Produce Costs     The National Bureau of Statistics (NBS) has reported a 28.98 per cent rise in the average cost of farm produce between January and May 2025, signalling a deepening crisis in Nigeria’s agricultural sector. According to the NBS, the...

Nigeria’s Inflation Drops to 22.97%

The National Bureau of Statistics (NBS), on Monday, announced that Nigeria’s headline inflation rate has dropped to 22.97 percent.

MAN Reports 35% Drop in Manufacturing Sector Investments

MAN Reports 35% Drop in Manufacturing Sector Investments   A report by the Manufacturers Association of Nigeria (MAN) has revealed that investments in the manufacturing sector contracted by 35.3 per cent in 2024. The sector endured a sharp contraction in real investment in the past year, as...

How FG Borrowed N1.94trn From Bond Investors

How FG Borrowed N1.94trn From Bond Investors   The Federal Government borrowed a total of N1.94trn from bond investors in the first quarter of 2025, an analysis of bond auction results released by the Debt Management Office (DMO) showed. However, the amount was raised through Federal Government...