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A Beginner’s Guide to CBN’s Ways and Means to the Federal Government of Nigeria
CBN’s financing of the FGN deficits seems to be a structural one and not a one-off event. This is because historical data has shown that the CBN has been financing a huge part…
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Data on Nigeria’s Budgeted and Actual Revenue and Expenses (2010-2019)
Over the past 10 years, Nigeria have recorded surplus (actual revenue minus budgeted revenue) in revenue during three periods and those periods are 2010, 2011 and 2014. In 2010, budgeted revenue was N2.52…
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The FG Records N3.67 Trillion Deficit in the First 9 Months of 2019; Total Revenue at 48% of Total Expenditure
This analysis provides a look into the financial operations of the government in the first 9 months of 2019, as well as ranks the revenue sources to provide knowledge of the sources that…
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Understanding Lagos State Finances and its Preference for External Debt over Internal Debt
Lagos State Government recently released its financial statement and we provide an insightful analysis into the state finances and its debt profile.