Economy
Add as a preferred source on GoogleThe outlet put 2025 asset investment at N1,331.88 billion, up from N658.81 billion in 2024.
Nigerian manufacturers’ spending on assets more than doubled in 2025, BusinessDay reported, linking the increase to manufacturers’ deeper efforts to invest in domestic supply chains.
The outlet put 2024 asset investment at N658.81 billion. For 2025, it reported N1,331.88 billion, an increase of 102.16%.
Chancellor of the Exchequer John Healey’s Oct. 28 budget will test confidence in his fiscal pledge. Traders see a November Bank of England rate cut as unlikely.
Price-adjusted investment in fixed assets fell 0.5% in 2025. The government expects about 200 executives and investors at the main conference.
The dollar bought 6.67992 offshore yuan at 1:53 a.m. ET Monday, compared with 6.69038 in an earlier EconoTimes market snapshot.
