Budget

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…

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