Monday, 4 October 2010

Ribadu on Patience Jonathan, Still on 224 Bad MF Banks

Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebook www.facebook.com/economicconfidential.
 
 

Why I am the Best Presidential Aspirant – Nuhu Ribadu

The former Chairman of the Economic and Financial Crimes Commission (EFCC), Mallam Nuhu Ribadu has indicated his interest to contest for the Presidency in 2011. The Economic Confidential was represented at some of his media interactions with selected media in Abuja where he also disclosed all he knew about the case involving the wife of the President, Patience Jonathan Goodluck on alleged money laundering. Click to read:

http://www.economicconfidential.com/x/index.php/interviews/452-i-am-the-best-presidential-candidate-nuhu-ribadu

 

AFRICA: Then, Now and Forever              

By Philip Emeagwali          

This year, in 2010, 17 African nations are celebrating their 50th anniversary of sovereignty and post-colonial rule. Nigeria's journey, like that of the other independent African nations, began at the Berlin Conference 126 years ago with no African in attendance. If colonial Africa could be created in Berlin, then a future Africa could be created in Beijing. Nations creating technological knowledge are reinventing the future and recreating Africa. Click to read:

http://www.economicconfidential.com/x/index.php/features/454-africa-then-now-and-forever

 

Nigeria at 50: Primitivism or Civilisation?

By Dr. Aliyu U. Tilde           

I discovered that almost every country is listed on the store except Nigeria, meaning you cannot purchase anything from Nigeria in that store... Someone told me that a Nigerian customer could access the stores if he claims Niger Republic instead of Nigeria. Niger! Itunes is not the only cyberstore that does not have Nigeria on its list. I have encountered many others before. Click to read:

http://www.economicconfidential.com/x/index.php/features/455-nigeria-at-50-primitivism-or-civilisation

 

The 224 Bad Micro Finance Banks in Nigeria

The Economic confidential produces below the text of the Press Conference by Deputy Governor of Cental Bank of Nigeria (CBN), Financial System Stability (FSS), Dr. Kingsley chiedu moghalu on the status of Microfinance Banks in Nigeria and whose licenses are recommended for revocation. The Nigeria Deposit Insurance corporation (NDIC) has however, immediately after suspended the banks. Click to read:

http://www.economicconfidential.com/x/index.php/monetary/442-the-224-bad-micro-finance-bank-in-nigeria

 

FAAC: How FG and States Shared N550bn in Sept 2010

The Economic Confidential magazine provides the distribution of a total sum of N550 billion being the Statutory and VAT allocations shared to all tiers of government at the monthly meeting of the Federation Account Allocation committee (FAAC) in September 2010. From the table of net disbursements after deductions, the highest recipients are from the oil producing states with Akwa Ibom receiving N16.2bn and Rivers N15.4bn. The highest recipients from non-oil –producing states are Lagos N11.8bn and Kano N9.3bn. for more click to read:

http://www.economicconfidential.com/x/index.php/facts-a-figures/451-faac-how-fg-and-states-shared-n550bn-in-sept-2010

 

PRS Officers to Come Under Planning Commission

In what may be a prelude to moving Planning, Research and Statistics Departments (PRS) in the Federal Civil service to be under the supervision and control of National Planning Commission, the federal government is consulting wildly with various stakeholders. Click to read:

http://www.economicconfidential.com/x/index.php/national-news/448-prs-officers-to-come-under-planning-commission

 

Fake Panel Approved N5bn Contract as Ex-Governor Collected N101mn in Cash

While a principal witness on the trial of former aviation minister insists that a fake committee approves contracts of billions of Naira, another witness in another case confesses that a former governor who is a Reverend Father collected over N100mn in cash to host former President Olusegun Obasanjo. Click to read:

http://www.economicconfidential.com/x/index.php/national-news/441-fake-panel-approved-n5bn-contract-as-ex-governor-collected-n101mn-in-cash

 

Reforming Micro Financing in Nigeria

Across the globe, the Banking Sector plays a vital role in the growth and development of any nation. Since independence to date, there had been various policies and reforms geared towards strengthening the economic backbone; from indigenization to Consolidation in recent past, and Bail-outs, Recapitalization and Institutionalization of Banking Ethics, and the Acquisition of Toxic Assets from banks' books to avert possible collapse in present times. Click to read:

http://www.economicconfidential.com/x/index.php/features/450-reforming-micro-financing-in-nigeria
 
 
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