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Nigeria Recorded N2.29trn Fiscal Deficit In Q1, 2021

Nigeria Recorded N2.29trn Fiscal Deficit In Q1, 2021             Nigerian economy took a battering in the first quarter of 2021 as the country recorded a fiscal deficit of N2.293 trillion or 6.43 percent of the year’s quarterly GDP. The Budget Office of the Federation (BoF) in its...

Fed Govt Recorded N485.51bn Fiscal Deficit In January – CBN

Fed Govt Recorded N485.51bn Fiscal Deficit In January – CBN       The Federal Government recorded N485.51bn fiscal deficit in January, statistics obtained from the Central Bank of Nigeria have shown. to the monthly economic report for January released by the CBN on Friday, the low revenue performance...

FG Recorded N1.48trn Fiscal Deficit In Q4, 2020 – CBN

FG Recorded N1.48trn Fiscal Deficit In Q4, 2020 – CBN     The Federal Government recorded an estimated fiscal deficit of N1.48tn in the fourth quarter of 2020, figures obtained from the Central Bank of Nigeria revealed on Tuesday. The CBN disclosed in its economic report for the...

Fiscal Deficit Rose To N620.49bn In November – CBN

Fiscal Deficit Rose To N620.49bn In November – CBN         The Federal Governments’ fiscal deficit rose by N208.14bn to N620.49bn as of the end of November from N421.35bn at the end of October. The Central Bank of Nigeria disclosed this in its monthly economic report for November...

Fiscal Deficit Rose To N451.22bn In October – CBN

Fiscal Deficit Rose To N451.22bn In October – CBN         The Federal Government recorded a fiscal deficit of N451.22bn in October 2020. The Central Bank of Nigeria disclosed this in its monthly economic report for October which was released on Tuesday. Part of the report read, “At N616.35bn,...

Fed Govt Records N1.29trn Fiscal Deficit In Three Months

Fed Govt Records N1.29trn Fiscal Deficit In Three Months       The Federal Government recorded a fiscal deficit of N1.29tn during the third quarter of 2020. This was disclosed in the third-quarter economic report of the Central Bank of Nigeria released on Sunday. The CBN said, “At N2.27tn, federally...