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Facts & Figures

FG Raises ₦5trn from Bonds in Six Months

The Federal Government raised ₦5.08 trillion from the domestic bond market in the first half of 2026, a 77.8% increase compared to ₦2.86 trillion in the same period of 2025, according to analysis of Debt Management Office (DMO) auction results.

In Three Months, Manufacturing Sector Remits N330bn in VAT

In Three Months, Manufacturing Sector Remits N330bn in VAT   Nigeria’s manufacturing sector remitted a record N329.59bn in Value Added Tax in the first quarter of 2026, the highest quarterly VAT contribution by the sector in four years and the largest share recorded by any economic...

Manufacturing CIT Falls 68% in Q1 2026

Company Income Tax (CIT) payments by Nigeria’s manufacturing sector fell sharply by 68.25% year-on-year to ₦74.48bn in Q1 2026

FAAC Shares ₦2.3tn Among FG, States, LGs  in May

The Federation Account Allocation Committee (FAAC) shared ₦2.3 trillion among the Federal Government, states, and local governments

External Reserves Top $50bn After $1bn Gain in June

Nigeria’s external reserves climbed by over $1 billion in the first half of June 2026, strengthening the country’s foreign exchange buffers, according to Central Bank of Nigeria (CBN) data.

How Inflation Increased to 15.93% in May – NBS

Headline inflation has climbed to 15.93% in May 2026, according to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS).Â