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Nigeria: Buhari Takes Measures After Oil Price Tumble
Daily Trust, 24 January 2016
As crude oil prices continue to crash on the international market, the President Muhammadu Buhari administration has devised strategies to underline its resolve to look beyond oil… Read more »
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Nigeria: Oil Price Crash - Nigeria to Save N1 Trillion - FG
Vanguard, 22 January 2016
The Federal Government, yesterday, stated that the low price of crude oil had presented an opportunity for Nigeria to save up to $5 billion, about N1 trillion as it would no longer… Read more »
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Nigeria: Govt - Budget Deficit Increases to N3 Trillion
Daily Trust, 22 January 2016
The 2016 budget deficit will now expand by N800 billion to N3trn, which will be 3 per cent of GDP, the Minister of Finance, Mrs Kemi Adeosun has said. In a presentation on the… Read more »
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Nigeria: Oyegun - Consequence of Fall in Oil Price Is a Lesson for All
Daily Trust, 22 January 2016
National Chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun, has said that the drastic fall in global oil price is a lesson to Nigeria on the need to embrace… Read more »
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Nigeria: Again, European Equities Open Lower On Oil Rout
Guardian, 22 January 2016
European stocks opened sharply lower as concerns over plummeting oil prices continued to weigh, as well as worries over global economic growth. Read more »
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Nigeria: FG Targets N394 Billion From Non-Oil Export in 2016
Guardian, 21 January 2016
The Federal Government is targeting to earn an additional two billion dollars (N394 billion) from non oil exports within the 2016 fiscal period. Read more »
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Nigeria: '2016 Budget Can't Work'
Guardian, 21 January 2016
Both chambers of the National Assembly yesterday opened debate on the general principles of the N6.08 trillion budget with calls for a critical appraisal of its revenue base. Read more »
Nigeria: Oil Prices Crash - Buhari Takes Tough Measures
As crude oil prices continue to crash on the international market, President Muhammadu Buhari's administration has devised strategies to underline its resolve to look beyond oil revenue to implement the 2016 budget.
InFocus
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President Muhammadu Buhari has said his administration would enact new policies to diversify the country's economy from oil to other sectors such as agriculture, mining and ... Read more »
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President-Elect Muhammadu Buhari has reiterated his commitment to address amongst others, the instability in the country's economy. Read more »
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The economy has taken a beating - this follows the drop in the global oil price. Read more »
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Minister of Agriculture and Rural Development, Audu Ogbeh, explains why agriculture collapsed and outlines plans by President Muhammadu Buhari's administration to resuscitate ... Read more »
