Tag: non-oil revenue

Nigeria’s 2020 Budget: When ‘Other Revenue’ Sources Become King

Nigeria’s 2020 Budget: When ‘Other Revenue’ Sources Become King

By CardinalStone Partners Research President Muhammadu Buhari presented the 2020 federal budget proposal at a joint session of the National Assembly ...
FG Records N35.21bn Surplus In August, Says CBN Report

FG Records N35.21bn Surplus In August, Says CBN Report

The Central Bank of Nigeria (CBN) Economic Report for the month of August released at the weekend showed that despite a 32.7% decline in federally-col...
Nigeria Earned N7.317tr Revenue, Recorded N3.05tr Deficit In 2017

Nigeria Earned N7.317tr Revenue, Recorded N3.05tr Deficit In 2017

Nigeria’s total federally collected revenue in 2017 rose 30.3% to N7.317tr in 2017, according to the Central Bank of Nigeria (CBN) annual report for t...
FG Records N247.44bn Deficit In Q42017, Says CBN Report

FG Records N247.44bn Deficit In Q42017, Says CBN Report

The Central Bank of Nigeria (CBN), on Thursday released its Economic Report for the fourth quarter ended December 31, 2017, highlight of which include...
Fitch Assigns Nigeria ‘B+’ Rating, Flags Bloating Public Debt

Fitch Assigns Nigeria ‘B+’ Rating, Flags Bloating Public Debt

Fitch Ratings, on Thursday affirmed Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Negative Outlook which it says is ...
CBN Sold $2.64bn To Authorised Dealers In May- Report

CBN Sold $2.64bn To Authorised Dealers In May- Report

• As Nigeria Records 1.63mbd Of Oil Production, N397.74bn Deficit In continuation of its resolve to sustain intervention in various segments of the...