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 […]
Tag: Nigeria
Moody’s: Oil slump hurts states and provinces from Nigeria to Russia, Mexico to Canada
Global Credit Research – 22 Mar 2016/Moody’s Investors Service The sustained fall in oil prices is hurting not only sovereign borrowers worldwide, but also state governments, says Moody’s Investors Service. However, sub-sovereign reliance on oil varies wildly among countries. In an analysis oil-dependent sub-sovereign borrowers, Moody’s looked at states and […]
Firstmonie, MMIT Collaborates on BlackBerry Social Commerce in Nigeria
…BBM Users can subscribe for BBM Shop Content using Firstmonie March 22, 2016/First Bank of Nigeria Firstmonie, the mobile money service of First Bank of Nigeria Limited and MMIT (Mobile Media Info Tech) are partnering with BlackBerry in Nigeria to enable social commerce in BBM™, the popular private social network. […]
