FG GIVES DETAILS OF THE N9.12 TRILLION 2018 BUDGET

The Minister of Budget and Planning Sen. Udoma Udo Udoma has spell out details of the N9.12 trillion 2018 budget which was signed by President Muhammadu Buhari on Wednesday after it was raised from N8.61 trillion by the National Assembly. Giving a breakdown of the allocations, Udoma said capital expenditure would gulp 31.5 per cent of […]

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NIGERIA WILL BE OUT OF RECESSION BY 2020 – NATIONAL PLANNING MINISTER

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, yesterday, declared that Nigeria will finally get out of recession in 2020. The minister, while speaking during a Strategic Retreat organised by the Nigerian Institute of Social and Economic Research (NISER), Ibadan at the Training and Conference Centre, Ogere, Ogun State, said it was […]

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Down, down goes the Naira – N452 to a dollar

Alarm bell sounded across Nigeria financial circles Tuesday as the local currency hit an all time low of 452 to a dollar and 570 to a pounds sterling in the parallel market. This comes amidst reports that Nigeria’s foreign reserves have reduced from $26.51 billion in the second quarter of 2016 to $24.74 billion in […]

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