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
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...
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...
