Budget

Fitch flags budget deficit as key driver of potential Naira weakness

Onome Amuge Fitch Ratings has flagged the possibility of significant hurdles in Nigeria’s efforts to stabilize its economy, stressing that…

By businessamlive
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Tinubu’s 2025 Restoration budget forecasts Naira appreciation from N1700 to N1500 per dollar

Onome Amuge President Bola Tinubu has presented an optimistic outlook for Nigeria’s foreign exchange market, projecting a strengthening of the…

Weak revenue base raises concerns over FG’s N47.9trn 2025 expenditure

Onome Amuge In a development that threatens to exacerbate the government's fiscal woes, the federal government recently tabled a N47.90…

States in N1.7trn debt to FG for budget support loans

Business a.m. The finances of Nigeria's 36 states and the Federal Capital Territory are in a precarious state, as they…

Lagos 2020 budget revised to N920bn

The Lagos State government has reworked its 2020 budget arising from the disruption occasioned by the Coronavirus pandemic. The Lagos…

N4.563trn budget deficit pushes Nigeria closer to recession

By Omobayo Azeez The Nigerian economy is fast showing signs of  shrinking and plunging into recession as deficit for financing…

FG slashes 2020 budget

The federal government has sent a revised budget to the National Assembly, cutting down some costs in view of the…