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.