As the National Assembly expects the submission of the 2013 budget, the Federal Government is expected to present an aggregate expenditure of N4.92tn for the fiscal year. The proposal will be an increase of about N300bn, given that the aggregate expenditure for 2012 was N4.697tn. The details were contained in […]
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‘Nigeria’s GDP growth rate not good enough’
Some financial experts on Wednesday said that the high Gross Domestic Product rate being recorded by Nigeria had not impacted positively on the living conditions of Nigerians. The experts told the News Agency of Nigeria in Lagos that the statistics only reflected productivity, but not real development. According to them, […]
Nigeria naira firms after cbank rate decision
Nigeria’s naira firmed slightly against the U.S. dollar on Wednesday, a day after the central bank left interest rates on hold and said it would keep monetary conditions tight, dealers said. The central bank kept rates on hold for the sixth time in a row at 12 percent on Tuesday, […]
