Browsing: Federal Ministry of Finance
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says revenue
The Nigeria’s key economic indices have been in bad shape before the outbreak of coronavirus
Federal Accounts Allocation Committee (FAAC) shares ₦604 billion for Federal Government, 36 States including the Federal Capital Territory and the 774 local government councils in the country.
Analysts at Vetiva Capital Management Limited has advised government to prioritise projects
The Federal Government has approached the National Assembly for approval to source $1.2 billion loans
Reality is, Nigeria would need to take a loftier currency devaluation and/or foreign currency
Analysts at Chapel Hill Denham think there is sufficient liquidity in the fixed income market
Following the Nigeria’s government plans to refinance proposed budget deficit with new borrowings estimated at ₦4.28 trillion
FEC Approves ₦2.3trn to Address COVID-19 Damages on Economy. The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved ₦2.3 trillion stimulus package to support the economy.
Fitch Ratings Estimates 31% Debt to GDP for Nigeria. Fitch Ratings has projected 30.7% debt to gross domestic product (GDP) for Nigeria in 2020, the data is contained in a special report on Sub-Saharan Africa.