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‘Why FG needs more borrowing to fund capital projects’

‘Why FG needs more borrowing to fund capital projects’

Omodele Adigun As huge revenue shortfall dogs the 2018 budget, it has been revealed why the Federal Government needs more loans to fund the capital projects. According to Jimi Ogbobine, Senior Analyst at Agusto & Co, funding capital projects requires higher than planned borrowing with adverse implications for interest rates and interest costs for the […]
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Why Nigeria may not benefit from rising oil prices

Why Nigeria may not benefit from rising oil prices

Adewale Sanyaolu The global oil community appears to be in a celebratory mood as the threat of sanctions on Iran by the United States has spiked Brent crude to nearly $90 per barrel, the highest since 2014.The rise in oil price signifies increased revenue for oil producing countries but, regrettably, Nigeria may not benefit from […]
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OPEC’s Says Global Energy Demand to Increase by 33 Per Cent

It’s dangerous to misuse borrowed money, IMF warns Nigeria

The 2018 Organization of the Petroleum Exporting Countries (OPEC) World Oil Outlook (WOO) has revealed that the total primary energy demand is set to expand by a robust 33% between 2015 and 2040, driven predominantly by developing countries, which see almost 95% of the overall energy demand growth.
Continue reading OPEC’s Says Global Energy Demand to Increase by 33 Per Cent at Vanguard News. …

OPEC ripping off consumers, says Trump

OPEC ripping off consumers, says Trump

US President Donald Trump has criticised the Organisation of Petroleum Exporting Countries (OPEC) and its members for taking undue advantage of oil consuming nations by keeping oil prices high. Trump, who spoke at the United Nations General Assembly in New York yesterday, lashed out at OPEC and its allies for keeping oil price high, sayingRead More …

Infrastructure funding: FG needs to borrow N1.6trn –Agusto & Co boss

Infrastructure funding: FG needs to borrow N1.6trn –Agusto & Co boss

The Federal Government has been advised to take more loans if its decision to fund infrastructure in the country will be realised. Speaking at the training for financial journalists held in Lagos at the weekend, a Senior Analyst at Agusto & Co, Jimi Ogbobine, said the government will need about N1.6 trillion to fund infrastructure […]
The post Infrastructure funding: FG needs to borrow N1.6trn –Agusto & Co boss appeared first on The Sun News. …

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