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World Business Report

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Nigeria Raises Borrowing in Record Budget

December 22nd, 2015

Episode 590 of 892 episodes

We ask whether the country can afford to double its deficit whilst oil prices fall. Nigerian journalist Tolu Ogun Iesi gives us his assessment. Also in the programme, it's a giant leap for the space business as SpaceX successfully lands a sub-orbital rocket for the first time. Dr Nigel Bannister, from the physics and astronomy department of the University of Leicester explains the significance. Ecuador hopes to market itself as a chocolate lovers' destination, and is aiming for high end holidaymakers. We find out more from the country's deputy tourism minister, Dominic Hamilton. Plus as Spain's 'El Gordo' distributes more than $2bn in prize money, we find out why the country has gone lottery crazy.

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