April 10, 2016/SEC The Securities and Exchange Commission (SEC) is ready to host the First Quarter 2016 Capital Market Committee (CMC) meeting scheduled to hold in Lagos next Wednesday (April 13, 2016). According to a statement from SEC, the meeting is scheduled to hold at the Federal Palace Hotel, Lagos and top on the agenda […]
Tag: Senate
Indicative 2016 Budget as Passed by the Senate Today
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 […]
Nigeria’s Buhari requests withdrawal of 2016 budget to make changes – sources
Sun Jan 17, 2016/Reuters By Julia Payne and Felix Onuah Nigerian President Muhammadu Buhari has written to parliament requesting the withdrawal of the 2016 budget in order to make changes, sources at the presidency and Senate said on Sunday. Buhari unveiled the budget for Africa’s biggest economy in December, which […]
