File photo The Fiscal Policy Roundtable Co-Chair Doyin Salami has linked government’s inability to meet recurrent and capital expenditures to N3.8 billion budget defict and debt profile of N22.7 trillion. …
DG, Debt Management Office, Patience Oniha The Federal Government is offering fresh N100bn bonds for subscription through an auction scheduled for next week. The Debt Management Office, in a circular …
The National Assembly on Tuesday passed the 2019 Appropriation Bill, raising the size by about N17bn from the N8.83tn proposed by the Executive to N8.916tn, with N23.7bn earmarked for lawmakers’ …
File photo Nigeria’s crude oil exports have suffered a setback as Aiteo Eastern Exploration and Production Company Limited declared force majeure on Nembe Creek Trunk Line following a fire outbreak. …
Muhammadu Buhari Only economic growth can defuse poverty time bomb in Nigeria, Bloomberg said in an editorial on Sunday. The New York-based international news agency, which described President Muhammadu Buhari’s …
The African Development Bank has described Nigeria as an economy with a moderate risk of debt distress. In its African Economic Outlook 2019 and West Africa Economic Outlook 2019 released …
The Federal Government suffered a shortfall of N977.57bn in appropriated expenditure in 2017, the Fiscal Responsibility Commission said. The FRC disclosed this in a report on the performance of key …
The National Bureau of Statistics says the Consumer Price Index which measured inflation decreased to 11.31 per cent (year-on-year) in February from 11.37 per cent recorded in January. The NBS …
An economic and financial analyst, Mr David Ibidapo, says the amount spent on importation of textiles and garments into Nigeria can fund more than half of the nation’s budget deficit. …
The Nigerian economy is growing slower than the growth rate in its population, the FSDH research has revealed. According to the research by the FSDH Merchant Bank on ‘Final judgment …
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