Failure of President Muhammadu Buhari led federal government to meet revenue targets for the first and second quarters, persistent oil production shut-in from militancy and foreign exchange supply challenges have renewed concerns on the feasibility of the 2016 budget.
The problems have also...
Here are today's current and latest business and financial headlines in Nigeria
Nigerian Breweries Reports Q2 2016 Results; PBT Declines by 36% YoY -The NSE, yesterday, published Nigerian Breweries’ (NB) Q2 2016 results which showed that PAT of N8.6bn fell by -24% y/y. Although sales of N79.8bn...
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The Nigerian Senate, today, deliberated on the alleged forgery of their standing order for which Senate president Bukola Saraki and his deputy, Ike Ekwermadu, are to be arraigned for next week Monday June 27th.
The senate has resolved to mandate their judiciary committee to summon the Attorney...
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IMF Executive directors have welcomed the Nigeria’s policy agenda and suggested the following as utmost solutions to the lingering economic crisis in the country.
- Enhancement of transparency, strengthening governance, improving security, and creating jobs
- The critical need to raise non oil...
Our nation is on a collision course with financial calamity. Nigeria’s national debt is at historic high levels, and we are running deficits that cannot be maintained without eventually bankrupting our nation.
The question at hand is how we can survive the economic hardship, NigerianBulletin...
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