Moment Buhari arrived National Assembly to present 2020 budget

The House of Representatives Committee on Appropriation has raised the 2020 Appropriation Bill by 27 Billion naira.

2020 budget passage: We've proven Nigerians wrong - Sen. Barau Jibrin

Nigeria’s Senate has passed the record N10.59 trillion 2020 budget. The budget passed by Nigeria's parliament assumes a deficit of 1.52 per cent of the estimated Gross domestic product (GDP) – representing about N2.18 trillion to be financed through foreign and domestic borrowing. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa to unpack the budget.

Delta State Governor, Ifeanyi Okowa, has signed the 2020 Appropriation Budget of 395 billion naira into law. It’s 5 billion naira more than the 2019 budget, with the recurrent expenditure of 172 billion naira and capital spending of 233 billion. Part of the state government’s plan is the setting up of nine technical schools and the completion of storm drainage projects and roads.

Decline in oil prices, economist, Robert Omotunde says it is a rare opportunity for Govt to do the right thing. Oil prices will always go in cycle, it will go up and come down.

As residents and Nigeria’s state-owned oil company NNPC contest the cause of Sunday’s explosion, Lagos State Governor, Babajide Sanwo-Olu says the state has set up a fact-finding committee on the incident. CNBC Africa caught up with him at the site of the incident where he shared plans to open an emergency two billion Naira fund, and disclosed that the state may have to adjust its 2020 budget.

Governments across the globe are pouring increasing stimulus packages into their economies to minimise the adverse impact of the coronavirus pandemic. Chamberlain Peterside, CEO of Xcellon Capital Advisors and Femi Oladehin, Investment Banking Partner at Argentil Capital Partners both join CNBC Africa to discuss Nigeria’s defence tactics against this pandemic.

Here is why you should pick up a copy of The Guardian on Thursday.⁣ Find these stories and much more when you grab a copy of The Guardian on the newsstands on Thursday.⁣

Why we must review 2020 budget - Adamu Aliero

Here is why you should pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Friday⁣.

Here is why you should pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Saturday⁣.

Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣⁣