Tag: Capital Expenditure

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Nigeria’s Capital Spending Drops by 25% in H1 2024, Says CBN

October 18, 2024

Nigeria's capital expenditure dropped by 25.3% in the first half of 2024, amounting to N1.99 trillion, down from N2.68 trillion ...

Senate Criticizes Federal Government for Poor Execution of 2024 Capital Budget

by Victoria Attah

July 4, 2024

The Nigerian Senate has expressed dissatisfaction with the Federal Government's execution of the capital component of the 2024 budget, emphasizing ...

2024 Budget Outline: Oil Price Set at $77.96, Naira Stands at 750 Against the Dollar

by Stephen Akudike

November 29, 2023

President Bola Tinubu unveiled the 2024 budget proposal, dubbed the 'Budget of Renewed Hope,' during a joint session of the ...

Nigeria’s Fiscal deficits Deepens to N7.5 trillion

by Stephen Akudike

October 13, 2023

Nigeria's fiscal woes have taken a grim turn as the Federal Government concluded the year 2022 with a fiscal deficit ...

Nigeria’s Upstream Capital Expenditure Declines to $6 Billion, Regulatory Uncertainty Cited

by Victoria Attah

September 25, 2023

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a significant decline in the country's annual upstream capital expenditure (CAPEX) ...