Nigeria central bank to issue N229bn treasury bills to curb money supply growth
In order to further help government finance its budget deficit, curb money supply growth and to help lenders manage their ...
Monday, May 25, 2026
Tag: Budget
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 estimated deficit of N397.74 billion for the month of May ...
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 35 years, Nigeria still lacks the capacity to fund its ...
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 was estimated at N458.42 billion falling below the monthly budget ...
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 little to ease the country’s fiscal strains as crude prices ...
Nigeria gets 2018 budget alert in OPEC’s ominous global demand warning
Nigeria, Africa’s largest economy by gross domestic product, presently on a crude oil life support, owing to decades of dependency ...
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 of the expenditure of the recovered loot by the late ...
Nigeria’s non-oil revenues already below budget, say analysts
Analysts at FBNQuest have raised the alarm that non-oil revenues for the prosecution of the 2017 budget are already running ...
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 debt over a 10-year period and make repayments starting from ...
Fashola gets NUPENG affiliate’s backing in budget face-off with NASS
An affiliate group of Nigeria's strong petroleum and gas workers union, NUPENG, has provided what is one of the strongest ...
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