Nigeria’s economy grew by 3.98 per cent in the third quarter of 2025, marking a slight improvement over the 3.86 per cent recorded in the same period of 2024, according to the latest Gross Domestic Product report released by the National Bureau of Statistics on Monday.
Nigeria’s public debt stock increased from N149.38 trillion (97.23 billion dollars) in the first quarter of 2025 to N152.39 trillion (99.65 billion dollars) in the second quarter of 2025.
Nigeria Sees 11th Consecutive Month of Economic Growth
Nigeria’s economy expanded for the eleventh consecutive month as Central Bank of Nigeria (CBN) Purchasing Managers’ Index rises to 55.4 index points in October 2025 from 54 index points recorded in the previous month.
According to the CBN...
MDAs Receive N5.81trn for 2024 Capital Projects - Budget Office
Ministries, Departments and Agencies (MDAs) of the Federal Government received a total of N5.81tn for capital projects in the 2024 fiscal year, according to the latest Budget Implementation Report released by the Budget Office of...
Bank Credit to Private Sector Declines to N75.83trn
Bank credit to Nigeria’s private sector fell to N75.83tn in August 2025, the lowest level recorded this year, according to the Central Bank of Nigeria’s latest money and credit statistics.
The figure represents a 0.4 per cent decline...
How 20 Governors Borrowed N458bn Amid Rising Debts
No fewer than 20 states of the federation borrowed about N458bn in the first half of 2025, findings have revealed.
This comes against the backdrop of a soaring external debt servicing burden gripping state governments.
Collectively, the states spent...
