economic

…As Chinese Banks Begin Oil and Gas Projects’ Financing in Nigeria In its bid to support the Federal government’s aspiration to increase power generation to 10GW, the Nigerian National Petroleum Corporation (NNPC) has unveiled plans to expand gas generation and distribution nationwide. NNPC Group Managing Director, Dr. Maikanti Baru, disclosed this when a delegation of […]

Shehu Borno Gov Shetima Boko Haram: Open Letter to Borno PeopleBy Yushau A. Shuaib “Fear a tumult which will affect those who caused it as well as the innocent ones…”Quran Chapter Anfal 8:25 I have deliberately quoted the above verse from the Quran, the Holy Book of Islam since the majority of Borno People are […]Read More

Economic Confidential August 2017 Cover CAC Boss Mahmood Bello We have delisted 44,000 companies from CAC Database- CAC Boss, Bello MahmudBarrister Bello Mahmud, the Registrar General of the Corporate Affairs Commission (CAC) does not need much introduction because of the visible nature of his assignments. He is serving out his second tenure at the CAC. […]

The Nigerian National Petroleum Corporation (NNPC) has, for the umpteenth time, reiterated that it has not launched a recruitment campaign of any kind for now. The latest clarification is coming on the heels of a fresh recruitment advert purportedly from the Corporation being circulated by e-mails and on various social media platforms.A statement by the […]

stock market stock market The Nigerian Stock Exchange (NSE) market capitalisation has increased to N13 trillion mark, barely three weeks it crossed N12 trillion market, amid Nestle gain. The market capitalisation appreciated by N164 billion or 1.27 per cent to close at N13.097 trillion against N12.933 trillion achieved on Monday. Similarly, the All-Share Index improved […]

MD/CEO Jaiz Takaful Insurance, Momodou Musa Joof MD/CEO Jaiz Takaful Insurance, Momodou Musa Joof According to the continental insurance survey by the Africa Insurance Barometer, 2017 edition, a publication of the African Insurance Organisation (AIO), Africa’s insurance penetration currently stands at 2.9 per cent, a figure less than half of the global average. This is […]Read More

INEC Chairman, mahmud-yakubu INEC Chairman, mahmud-yakubu A Non-Governmental Organisation, Youth Initiative for Advocacy, Growth and Advancement (YIAGA) said it would deploy Watching the Vote (WTV) election observation methodology during the Continuous Voter Registration exercise in Anambra State. According to a statement signed by Samson Itodo, YIAGA’s Executive Director, and made available to Economic Confidential, the […]

In a speech recently delivered by Your Excellency, at the Silver Jubilee and graduation of 133 military and para-military participants of the Course 25 of the National Defense College, Abuja, you challenged our Military Institution, that if militants, terrorist groups and internet hackers are constantly re-inventing themselves taking advantage of emerging technologies, you have no […]

Nigeria’s economy THE above title and following excerpts are from the Guardian Newspaper editorial of 31st July, 2017. Please read on. This newspaper hereby reaffirms its position earlier, canvassed in its editorial of 18/7/2017 titled “Economy: Lend To Rather Than Borrow From IMF”, that the economy has the stamina to dispense with external budgetary support […]Read More

Months have passed since the Niger Delta Avengers have launched an attack on Nigeria’s oil pipelines, yet leaders in the region are warning trouble is brewing in the southern swamp lands. A charm offensive led by Nigeria’s acting president Yemi Osinbajo has kept the uprising at bay, with renewed amnesty payments buying calm in the […]

The Federal Government has said it will today (Monday) offer for subscription two-year and three-year Savings Bonds to investors at 13.54 per cent and 14.54 per cent, respectively. A statement issued by the Debt Management Office (DMO) on Sunday in Abuja said the two-year bond would be due in August 2019, while the three-year bond […]

Ahmed Idris AGF Ahmed Idris AGF Just about when he was one year in office as the Accountant General of the Federation, Alhaji Ahmed Idris left no one in doubt that he had deliberately chosen to sing the transparency and accountability ‘anthem’ wherever and whenever the occasion demands. He has carved a niche for the […]