Dollar Rates: Nigeria Records Zero Rise In Budget, Capital Spending In 10 Yrs – Data   In terms of the foreign exchange (forex) rates in the United States dollars equivalent, Nigeria may not have increased its budgetary and capital spending in the last 10 years, data...

Signed Budget Fails To Lift Stock Market The nation’s stock market closed on a negative note for the fifth straight session on Thursday, a day after President Muhammadu Buhari signed the 2018 budget. The All-Share Index of the Nigerian Stock Exchange dropped by 1.17 per cent...

FG, States Spent 1.8% Of N44tr Budgets On Agric In 3 Years   The federal and state governments have budgeted less than two percent of their total vote of N44 trillion for agriculture in the last three years, according to an investigation by Daily Trust using...

Capital Market Operators Flay Delay in passage of 2018 Budget Operators in the Nigerian Stock Exchange (NSE) have chorused that delay in the passage of the 2018 budget would negatively affect the capital market. Some of them expressed optimism that the 2017 earnings anticipated by investors...

NEPZA licences three new FZs, nets $2.8bn in FDI - Jime *Clears air on budget padding allegation The Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Hon. Emmanuel Jime, has disclosed that the Authority, under his watch, has licenced three new Free Trade Zones (FTZs). Jime,...

Budget: NBET To Rent New Office With N487.7m, Gulped N600m In 2017 The Nigerian Bulk Electricity Trading Plc (NBET) will spend N487.7 million to relocate to a new office complex by 2018, after it had gulped N600m in 2017, budgetary documents from the Budget Office...