This research article aims to explain Nigeria’s budget performance by comparing it with the actual performance in each of the fiscal years. While the article gives explanations of some trends from 1981, it is specifically focused on budget performance from 2010 to 2019.
This article explains the step by step methods of using ARDL bounds test to estimate the model if some of the variables are stationary at level I(0) while some are stationary at first difference I(1).
In the excel file below, nominal GDP data was used as a proxy to measure economic growth and this serves as the independent variable. Multilateral Debt, Paris Club Debt, London …
This research work concentrates on analyzing how each of the West African Countries have performed in terms of meeting the inflation target, fiscal deficit, debt as a percentage of GDP, import cover as well as the target of tax revenue as a percentage of GDP.
This research work tends to give brief analysis of the performance of the major stock exchange in Africa based on their index levels. It also gave a special preference to Nigeria by focusing on the stock performance of its stock exchange during the year under review.
Total revenue as at October 2019 was N85.12 billion which shows that revenue underperformed by 34.69% when compared with N130.38 billion projected revenue for 2019. Total expenditure as at October 2019 on the other hand, was N77.37 billion which also underperformed by 40.66% when compared with the projected expenditure of N130.38 billion for 2019.
In this insightful piece, we analyzed the 2020 budget of Kogi state with special focus on the budget allocation for the Kogi State government house. We also identified some items which we believed are misplaced priorities.
In the end, we asked you to judge if the budget is a Hoax or not.
The aim of this research work is to identify the key drivers of growth in the export category as well as examine the compositions of Nigeria’s imports while explaining the country’s misplaced priority in terms of the production and exportation of certain commodities.
On Wednesday 11 of December, the World’s largest integrated oil and gas company (and fourth largest integrated refiner in the world) officially listed on the Saudi Stock Exchange after its IPO by selling 1.5% (equivalent to 3 billion shares) of the company’s share capital ($1.7 trillion at valuation) to the public, thereby making it surpass the amount Alibaba raised in 2014 ($25 billion) as it raised a record $25.5 billion- Largest IPO in the history of mankind.
This research article aims to provide answers to the differences in analysts opinions on Nigeria having a debt problem or revenue problem by providing trend analysis of debt servicing in Nigeria, as well as compare debt services with capital expenditure over the period. It concluded by examining the budgeted revenue and actual revenue in 2018 to come about a conclusion on whether Nigeria has a debt problem or revenue problem.