January 12, 2023/United Capital Research As is already widely known, President Buhari has signed Nigeria’s 2023 budget into law, along with the 2022 Supplementary Appropriation Bill. The Federal Government (FG) has a projected revenue of N10.5tn. The FG plans to earn this through Oil Revenue  and non-oil revenue sources. However, […]

January 11, 2023/FBNQuest The finance minister’s public presentation of the approved 2023 budget shows that the FGN’s fiscal operations for the Jan-Nov ’22 period resulted in a fiscal deficit of -NGN6.4trn, ahead of the pro-rata figure of -NGN6.1trn. Despite the large size of the fiscal deficit, the outturn for the […]

January 11, 2023/FirstBank of Nigeria Managing Director/Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, has advised financial institutions in the country to be vigilant and improve the monitoring of their customers’ loans in order to prevent the build-up of non-performing loans (NPLs) in the industry as a result of the […]