March 23, 2016/Cordros 2016 Budget Passed by the Senate MTEF 2016 Variation Debt service (N’ trn) 1.48 1.48 0% Statutory transfers (N’bn) 351.4 351.4 0% Capital expenditure (N’ trn) 1.59 1.86 -15% Budget deficit/GDP (%) 2.14 2.2 -6bps Exchange Rate (NGN/US$) 197 197 0% Benchmark oil price (US$) 38 38 […]
Updates
CBN Communiqu e No. 106 of the MPC Meeting of Monday and Tuesday, March 2 1 and 22 , 2016
March 16, 2016/CBN The Monetary Policy Committee met on 21st and 22nd March 2016 amidst dithering global economic prospects and continuing challenges in the domestic economy. In attendance were 8 out of the 12 members. The Committee appraised the international and domestic economic and financial environments in the first two […]
Tony Elumelu Foundation Announces Second Round of #TEEP2016
March 22, 2016/Tony Elumelu Foundation The Tony Elumelu Foundation (TEF) announces the selection of 1,000 entrepreneurs for the 2nd round of the Tony Elumelu Entrepreneurship Programme (TEEP). Launched in 2015, TEEP is the largest African philanthropic initiative devoted to entrepreneurship and represents a 10-year, $100 million commitment, to identify and […]
