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Indigenous Oil Producers May Collapse Over N3.4trn Debt Exposure

Indigenous Oil Producers May Collapse Over N3.4trn Debt Exposure   Many indigenous crude oil producers are on the brink of liquidation following the raging COVID-19 pandemic, an expert, Abiodun Adesanya has warned. Adesanya, a former vice president of the Nigerian Association of Petroleum Explorationists (NAPE) lamented that...

FG Recorded N3.4tn Fiscal Deficit Last Year

FG Recorded N3.4tn Fiscal Deficit Last Year Between January and December last year, the Federal Government recorded a fiscal deficit of N3.4tn in its operations, figures obtained from the Central Bank of Nigeria have revealed. The 2018 budget, signed by President Muhammadu Buhari on June 20...