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Nigeria bursts monthly fiscal deficit target by over 100% in May, signaling burden ahead for 2018 budget
The fiscal operations of the Federal Government resulted in an…
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After $1.1trn from oil in 35 years, Nigeria has just $3.9bn left, barely enough to fund 16% of budget
Despite earning a whopping $1.09 trillion from oil exports in…
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Nigeria’s budget implementation faces funding crisis as oil, non-oil revenues shrink
Nigeria’s federally-collected revenue (gross) in the month of May 2017…
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Boon from oil not enough to plug Ghana’s budget hole as prices drop
A surge in Ghana’s oil output this year may do…
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Nigeria gets 2018 budget alert in OPEC’s ominous global demand warning
Nigeria, Africa’s largest economy by gross domestic product, presently on…
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World Bank says it could not monitor Abacha-loot expenditure as it was built into Nigeria’s national budget
The World Bank has clarified its role in the monitoring…
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Nigeria’s non-oil revenues already below budget, say analysts
Analysts at FBNQuest have raised the alarm that non-oil revenues…
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DMO sees $483.4m foreign debt service for Nigeria in 10 years
Nigeria's debt office plans to use $483.4 million to service its foreign…
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Fashola gets NUPENG affiliate’s backing in budget face-off with NASS
An affiliate group of Nigeria's strong petroleum and gas workers…
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Nigeria’s debt rose steeply by 48% in 15 months on expansionary budget, deficit
Figures released by Nigeria’s Debt Management Office (DMO) show that…
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