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...

The 2016 appropriation bill, may go down in history as the most controversial budgeting process in Nigeria.

President Muhammadu Buhari has finally signed the 2016 budget appropriation  bill into law.  The signing was witnessed by the Vice President, Professor Yemi Osinbajo, Special Adviser to the President on National Assembly, Ita Enang and Chairmen of  appropriation committees of both  the senate and House...

The House of Representatives is to receive the highest allocation in National Assembly’s N115 billion budget for 2016, details of the proposal exclusively obtained by PREMIUM TIMES ahead of an official release, shows. The public release of specific allocations to the various arms of the...