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Episode details

World Service,22 Dec 2015,26 mins

Nigeria Raises Borrowing in Record Budget

World Business Report

Available for over a year

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. (Picture: Nigeria's President Buhari delivers his 2016 budget. Picture credit: Reuters.)

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