Nigeria raises borrowing in budget as oil prices fall

Nigeria raises borrowing in budget as oil prices fall

Nigeria's president has announced plans to raise spending by 20% next year by borrowing heavily amid falling oil prices. In his first budget since his election victory in March, Muhammadu Buhari said he would spend $ 31bn (£20.8bn) in 2016 on …
Read more on BBC News



A radio show host may have fixed Nigeria's worst problem

Enter Nnaemeka Ikegwuonu, a radio presenter and social entrepreneur, with "Cold Hubs" – an enterprise that could transform millions of lives and the entire Nigerian economy. The start-up produces walk-in, solar-powered refrigeration units which extend …
Read more on CNN




Nigeria raises borrowing in budget as oil prices fall

Comments