This study employs histological procedure to elucidate the natural cycles of gonadal development in a population of E. radiata in the Cross River, Nigeria. The cycles of condition indices and shell-free dry mass follow a general pattern in which they increased with the sexual maturity of the species till a peak is reached in June when spawning begins. Then there is a gradual decline, as the spawning event progresses, till a minimum is obtained in October when the animal is spent. Thus, the species spawns once in a year during the peak of the rainy season (June to October). The timing of spawning is such that the young larvae stand to profit from the high plankton biomass during the ensuing dry season months.