By Oluwaseyi Bangudu July 14, 2010 12:42AM   Finance experts have raised an alarm that the wide budget deficit and bailouts could slide Nigeria into fiscal danger again, after the country exited its debt overhang in 2005.   Bismark Rewane, managing director, Financial Derivatives Company, an economic research […]

  WEDNESDAY, 14 JULY 2010 01:20   Nigeria distributed N13.28 billion ($2.8 billion) from federation accounts to its three tiers of government last month but has not dipped into its windfall oil savings to do so, officials said on yesterday.   The amount distributed represents a 2.45 percent increase on […]

  WEDNESDAY, 14 JULY 2010 01:10  ONYINYE NWACHUKWU     Olusegun Aganga, minister of finance, Tuesday assured that the 2011 executive budget proposal will be ready by September for the National Assembly’s scrutiny and passage before the end of the 2010 fiscal year. Also, he added, the Federal Government is planning to […]