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Business: Mboweni’s dark hour | This week’s budget may unite leaders or crush the facade

Finance Minister Tito Mboweni is a man who is not above using humour to get a sincere point across. He also does not believe that he should hold his tongue simply because his views are diametrically opposed to the views of institutions he represents. As he prepares to submit his supplementary budget speech in Parliament […]

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Nigeria to revise budget

The budget of Nigeria, Africa’s largest oil producer estimated at 34.6 billion dollars for the year 2020 will be revised downwards, according to the Ministry of Finance. This is due to the sharp drop in the price of crude oil. World oil demand is expected to contract this year for the first time in more […]