FG Approves $2.9bn Eurobond Issuance To Fund Budget
The Federal Executive Council on Wednesday approved the issuance of $2.9bn and other securities in Eurobond from the international capital market.
The Minister of Finance, Zainab Ahmed, disclosed this to State House correspondents at the end of the...
Budget: Buhari Seeks NASS Approval For $2.78bn Euro Bonds
President Muhammadu Buhari has requested a National Assembly resolution to raise 2.78 billion dollars from the International Capital Market for part-funding of the 2018 budget.
Buhari’s request came in a letter dated July 23, and read by...
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...
