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MARCH 2025

African airlines recorded a 13.4% year-on-year decline in air cargo demand in March 2025, the steepest drop among all global regions, despite a 4.4% global growth in demand. 
Nigeria’s currency in circulation declined to N5 trillion in March 2025, according to the latest data from the Central Bank of Nigeria (CBN), reflecting a continued drop for the third consecutive month in 2025. 
Enrolments for the National Identification Number (NIN) rose to 118.4 million in March 2025, according to the latest data released by the National Identity Management Commission (NIMC).
The Debt Management Office (DMO) has released the results of its latest Federal Government of Nigeria (FGN) bond auction for March 2025, with a total allotment of N4.686 billion for the 5-year bond and N266.452 billion for the 9-year bond.
The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria (FGN), has announced an offer for subscription by auction of two re-opened Federal Government of Nigeria (FGN) bonds totaling N300 billion.
Shares of Livestock Feeds Plc have jumped by 27.9% month-to-date so far in March 2025, climbing from an opening price of N7.43 to N9.50.
The Debt Management Office (DMO) has launched the March 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors attractive interest rates of up to 17.635% per annum.