Nigeria's Fiscal Deficit Increased by 0.1% in April – CBN The Federal Government’s fiscal deficit rose month-on-month by 0.1 per cent to N824.79bn in April from N823.91bn in March, the Central Bank of Nigeria disclosed in its April 2024 Monthly Economic Report. A fiscal deficit is...

FG Records N1.5trn Fiscal Deficit In Two Months, CBN Reveals   The Federal Government recorded N1.54tn fiscal deficit in July and August 2023, figures from the Central Bank of Nigeria (CB) have revealed. According to CBN’s monthly economic report for August, the Federal Government recorded N818.53bn and...

Nigeria’s Fiscal Deficit to Decline in Q3, Q4 2023 — MPC Members of the Monetary Policy Committee, MPC, of the Central Bank of Nigeria (CBN) have projected a continuous decline in the federal government’s fiscal deficit in the third quarter and fourth quarter of this...

In One Month, FG Recorded N643.09bn Fiscal Deficit The Federal Government’s fiscal deficit rose from N491.28bn in March to N643.09bn in April, according to figures obtained from the Central Bank of Nigeria. The banking regulator’s April economic report stated that, “The 14.3 per cent increase in...

Fed Govt Revenue Drops By 52% Amid Rising Spending   The Federal Government recorded a fiscal deficit of N405.28bn in August, the Central Bank of Nigeria said in its economic report. It said the government’s aggregate expenditure was N781.61bn while retained revenue stood at N376.33bn. The report said...

N5.5trn Fiscal Deficit Report Wrong - CBN     The Central Bank of Nigeria, CBN, has faulted report that the cumulative fiscal deficit of the Federal Government stood at N5.5 trillion as at August 2021. The report representing a 39 per cent increase from the level in 2020,...