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
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...
Maritime Exports Outpace Imports by 39% in 2024 - NBS
Goods exported via maritime transport exceeded imports in the same category by 39.76 per cent in 2024, a sharp deviation from other modes of foreign trade transport. This highlights the fact that importers avoided delay...
Nigeria's Telecom Industry Records $7.6bn Revenue in 2024
According to a report by PwC, Nigeria's telecommunications sector experienced substantial growth in 2024, with mobile service revenue totaling $7.6 billion.
The report also showed that the global telecommunications industry is projected to generate $1.3 trillion in total...