Friday, 24 February 2012
Friday, 17 February 2012
Tuesday, 14 February 2012
Finally Nigeria's Jaiz Islamic Bank Commences Business from 3 Branches
Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebookhttp://www.facebook.com/economicmagazine and http://www.facebook.com/economicconfidential and also Twitter : http://twitter.com/economicng
Islamic Bank: Jaiz Commences Business in 3 Branches
The Nigeria's first licensed Islamic Bank, Jaiz Bank Plc has commenced full operation of non-interest commercial banking in Nigeria from three branches in Abuja, Kaduna and Kano.Read: http://economicconfidential.net/new/financial/monetary/908-islamic-bank-jaiz-commences-business-in-3-branches
Key Monetary Decisions at CBN/MPC Meeting in January 2012
The Monetary Policy Committee (MPC) met on January 30 and 31, 2012 with all 12 members in attendance to review the domestic economy in 2011 and the nature of current challenges against the background of developments in the international economic and financial environments.Read: http://economicconfidential.net/new/focus/914-key-monetary-decisions-at-cbnmpc-meeting-in-january-2012
Finally a Bill on Made in Nigeria Underway
After so much publicity on the made-in-Nigeria campaign, the federal government is putting finishing touches to a bill that will enforce compliance and give credence to the patronage of made in Nigeria goods campaign. Read: http://economicconfidential.net/new/news/national-news/898-finally-a-bill-on-made-in-nigeria-underway
Nigeria is Irreversible
Boko Haram's ambition of creating a climate of fear, terror and panic ahead of their plan to re-invent Nigeria, seem close to reality. A visitor to some of the major cities in northern Nigeria - Kano, Bauchi, Maiduguri, Kaduna etc - will be forgiven to conclude that Nigeria is at war. Read: http://economicconfidential.net/new/features/902-nigeria-is-irreversible
NDIC: Consolidating achievements, projecting brighter future
As global economic challenges continue to rage with serious impacts on the world financial system, a stable banking sector must be achieved to be sure of the much desired resolution of the impasse. Consequently, different measures and policies have been adopted by various national governments as well international cooperation to safeguard the system from total collapses.Read: http://economicconfidential.net/new/financial/monetary/903-ndic-consolidating-achievements-projecting-brighter-future
Gombe seeks FG's intervention to tackle unemployment problems
The Gombe State Government is seeking the intervention of the Federal Government to enable it tackle transportation and unemployment challenges. The Governor of Gombe State, Alhaji Ibrahim Dankwaabo, stated this during a meeting with the Minister of Trade and Investment, in Abuja.Read: http://economicconfidential.net/new/news/state-news/899-gombe-seeks-fgs-intervention-to-tackle-unemployment-problems
PenCom tasks bureaux to report defaulting States, LG
As part of efforts to ensure the success of contributory pension scheme in Nigeria, the National Pension Commission (PenCom) has mandated the State Pension Bureaux to report to the commission, should any State or Local Government fail to remit. Read: http://economicconfidential.net/new/news/state-news/869-pencom-tasks-bureaux-to-report-defaulting-states-lg
ACAP/Swede Control Acquire Law Union & Rock Insurance
…New Core Investor Targets Top Five Position In Insurance Industry By 2015
Alternative Capital Partners ("ACAP") in consortium with Swede Control Intertek Limited have acquired one of Nigeria's first generation insurance companies, Law Union and Rock Insurance Plc.Read: http://economicconfidential.net/new/news/national-news/913-acapswede-control-acquire-law-union-a-rock-insurance
Islamic Bank: Jaiz Commences Business in 3 Branches
The Nigeria's first licensed Islamic Bank, Jaiz Bank Plc has commenced full operation of non-interest commercial banking in Nigeria from three branches in Abuja, Kaduna and Kano.Read: http://economicconfidential.net/new/financial/monetary/908-islamic-bank-jaiz-commences-business-in-3-branches
Key Monetary Decisions at CBN/MPC Meeting in January 2012
The Monetary Policy Committee (MPC) met on January 30 and 31, 2012 with all 12 members in attendance to review the domestic economy in 2011 and the nature of current challenges against the background of developments in the international economic and financial environments.Read: http://economicconfidential.net/new/focus/914-key-monetary-decisions-at-cbnmpc-meeting-in-january-2012
Finally a Bill on Made in Nigeria Underway
After so much publicity on the made-in-Nigeria campaign, the federal government is putting finishing touches to a bill that will enforce compliance and give credence to the patronage of made in Nigeria goods campaign. Read: http://economicconfidential.net/new/news/national-news/898-finally-a-bill-on-made-in-nigeria-underway
Nigeria is Irreversible
Boko Haram's ambition of creating a climate of fear, terror and panic ahead of their plan to re-invent Nigeria, seem close to reality. A visitor to some of the major cities in northern Nigeria - Kano, Bauchi, Maiduguri, Kaduna etc - will be forgiven to conclude that Nigeria is at war. Read: http://economicconfidential.net/new/features/902-nigeria-is-irreversible
NDIC: Consolidating achievements, projecting brighter future
As global economic challenges continue to rage with serious impacts on the world financial system, a stable banking sector must be achieved to be sure of the much desired resolution of the impasse. Consequently, different measures and policies have been adopted by various national governments as well international cooperation to safeguard the system from total collapses.Read: http://economicconfidential.net/new/financial/monetary/903-ndic-consolidating-achievements-projecting-brighter-future
Gombe seeks FG's intervention to tackle unemployment problems
The Gombe State Government is seeking the intervention of the Federal Government to enable it tackle transportation and unemployment challenges. The Governor of Gombe State, Alhaji Ibrahim Dankwaabo, stated this during a meeting with the Minister of Trade and Investment, in Abuja.Read: http://economicconfidential.net/new/news/state-news/899-gombe-seeks-fgs-intervention-to-tackle-unemployment-problems
PenCom tasks bureaux to report defaulting States, LG
As part of efforts to ensure the success of contributory pension scheme in Nigeria, the National Pension Commission (PenCom) has mandated the State Pension Bureaux to report to the commission, should any State or Local Government fail to remit. Read: http://economicconfidential.net/new/news/state-news/869-pencom-tasks-bureaux-to-report-defaulting-states-lg
ACAP/Swede Control Acquire Law Union & Rock Insurance
…New Core Investor Targets Top Five Position In Insurance Industry By 2015
Alternative Capital Partners ("ACAP") in consortium with Swede Control Intertek Limited have acquired one of Nigeria's first generation insurance companies, Law Union and Rock Insurance Plc.Read: http://economicconfidential.net/new/news/national-news/913-acapswede-control-acquire-law-union-a-rock-insurance
Economic Confidential
Factual, Authoritative and Accesible
Nigeria's Economic Magazine
Monday, 13 February 2012
Igbo Businessmen Refuse to Relocate as CAC Register 2mn Companies
Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebook http://www.facebook.com/economicconfidential and http://www.facebook.com/economicmagazine and Twitter : http://twitter.com/economicng
Home Away From Home: Igbo Businessmen Refuse to Relocate from the North
After the directive from the Movement for the Actualization of the Soveriegn State of Biafra (MASSOB) for Igbos in the North to return to their ancestral homes on the allegation that Boko Haram members are targeting people from Eastern Nigeria in their attacks, most Igbo businessmen in Kano have refused to relocate citing conducive business environment in the city.With about a million population of Igbos in the city, and investments of over N20 billion, they have no reason to run away. Read: http://economicconfidential.net/new/news/national-news/910-igbo-businessmen-refuse-to-relocate-from-the-north
CAC Registers 2 Million Business Names, to Delist 50,000 Companies
The Corporate Affairs Commission, CAC, has registered over two million business names as at December 31, 2011 and would soon delist 50,000 companies from its registry. The Registrar General and chief executive officer of the Commission, Barrister Mahmud Bello made the disclosure in an interview with the Economic Confidential. Read: http://economicconfidential.net/new/news/national-news/911-cac-registers-2-million-business-names
Islamic Bank: After $370mn, Nigeria Seeks Additional $600mn Loan
After receiving a sum of $370 million from Islamic Development Bank (IDB) for education, health and agriculture sector, the federal government of Nigeria has requested for a fresh loan of $600 million from the same bank.Read: http://economicconfidential.net/new/news/national-news/909-islamic-bank-after-370mn-nigeria-seeks-additional-600mn-loan
NEXIM Targets N1.6bn Profit -Orya
NEXIM, under the leadership of Robert Ungwaga Orya, has witnessed rapid and sustained transformation that has completely changed the fortunes of the Bank since 2009. Prior to this period, the bank was run in deficit. The MD has disclosed that said NEXIM targets a profit of N1.6bn as against the N1.1bn in 2011 fiscal year.Read: http://economicconfidential.net/new/news/national-news/906-nexim-targets-n16bn-profit-orya
Memo to Northerners on Diversification
The criticisms and bashing of the North and their leaders could be blessings in disguise if the region could wakeup from its slumber and look inwards. This is the time to call the bluff of the so-called 'resources control' campaigners by harnessing our immense potentials to greatness. Read: http://economicconfidential.net/new/features/912-memo-to-northerners-on-diversification
Three Billion Naira Daily for Insecurity?
We will revisit our analysis of the security sector budget beginning with some clarifications and rebuttal of the Budget Office's right of reply to last week's column titled – "Where el-Rufai Got it Wrong". I commend the Budget Office for choosing to respond this way instead of asking the SSS to arrest me as the President did on July 1, 2011.Read: http://economicconfidential.net/new/features/901-budget-2012-three-billion-naira-daily-for-insecurity
Subsidy: Govt Grants Waiver for Oil Importing Companies– FIRS
The Federal Inland Revenue Service (FIRS) has disclosed that a federal government waiver exempted fuel importing companies from paying tax on petrol, diesel and kerosene, even when they reaped trillions from subsidy payouts. The Executive Chairman of FIRS, Ifueko Omoigui-Okauru made the disclosure at the House of Representatives hearing on how years of subsidy were managed.Read: http://economicconfidential.net/new/financial/tax-matters/897-subsidy-govt-grants-waiver-for-oil-importing-companies-firs
Economic Confidential
Home Away From Home: Igbo Businessmen Refuse to Relocate from the North
After the directive from the Movement for the Actualization of the Soveriegn State of Biafra (MASSOB) for Igbos in the North to return to their ancestral homes on the allegation that Boko Haram members are targeting people from Eastern Nigeria in their attacks, most Igbo businessmen in Kano have refused to relocate citing conducive business environment in the city.With about a million population of Igbos in the city, and investments of over N20 billion, they have no reason to run away. Read: http://economicconfidential.net/new/news/national-news/910-igbo-businessmen-refuse-to-relocate-from-the-north
CAC Registers 2 Million Business Names, to Delist 50,000 Companies
The Corporate Affairs Commission, CAC, has registered over two million business names as at December 31, 2011 and would soon delist 50,000 companies from its registry. The Registrar General and chief executive officer of the Commission, Barrister Mahmud Bello made the disclosure in an interview with the Economic Confidential. Read: http://economicconfidential.net/new/news/national-news/911-cac-registers-2-million-business-names
Islamic Bank: After $370mn, Nigeria Seeks Additional $600mn Loan
After receiving a sum of $370 million from Islamic Development Bank (IDB) for education, health and agriculture sector, the federal government of Nigeria has requested for a fresh loan of $600 million from the same bank.Read: http://economicconfidential.net/new/news/national-news/909-islamic-bank-after-370mn-nigeria-seeks-additional-600mn-loan
NEXIM Targets N1.6bn Profit -Orya
NEXIM, under the leadership of Robert Ungwaga Orya, has witnessed rapid and sustained transformation that has completely changed the fortunes of the Bank since 2009. Prior to this period, the bank was run in deficit. The MD has disclosed that said NEXIM targets a profit of N1.6bn as against the N1.1bn in 2011 fiscal year.Read: http://economicconfidential.net/new/news/national-news/906-nexim-targets-n16bn-profit-orya
Memo to Northerners on Diversification
The criticisms and bashing of the North and their leaders could be blessings in disguise if the region could wakeup from its slumber and look inwards. This is the time to call the bluff of the so-called 'resources control' campaigners by harnessing our immense potentials to greatness. Read: http://economicconfidential.net/new/features/912-memo-to-northerners-on-diversification
Three Billion Naira Daily for Insecurity?
We will revisit our analysis of the security sector budget beginning with some clarifications and rebuttal of the Budget Office's right of reply to last week's column titled – "Where el-Rufai Got it Wrong". I commend the Budget Office for choosing to respond this way instead of asking the SSS to arrest me as the President did on July 1, 2011.Read: http://economicconfidential.net/new/features/901-budget-2012-three-billion-naira-daily-for-insecurity
Subsidy: Govt Grants Waiver for Oil Importing Companies– FIRS
The Federal Inland Revenue Service (FIRS) has disclosed that a federal government waiver exempted fuel importing companies from paying tax on petrol, diesel and kerosene, even when they reaped trillions from subsidy payouts. The Executive Chairman of FIRS, Ifueko Omoigui-Okauru made the disclosure at the House of Representatives hearing on how years of subsidy were managed.Read: http://economicconfidential.net/new/financial/tax-matters/897-subsidy-govt-grants-waiver-for-oil-importing-companies-firs
Factual, Authoritative and Accesible
Nigeria's Economic Magazine
With over 1 million Igbos and their N20 billion investments in Kano, Igbo businessmen refuse to relocate to the East: http://ping.fm/OCRtn Read their points
After $370 million from Islamic Development Bank (IDB), Nigeria's government request for additional loan of $600mn. http://ping.fm/9XF49
New Core Investors Target Top Insurance firms as ACAP/Swede Control acquire Nigeria’s first generation insurance coy:http://ping.fm/neap8
Salamatu Suleman, former Nigeria's Minister is new ECOWAS Commissioner for Political Affairs. Read: http://ping.fm/anUrG
Sunday, 12 February 2012
Saturday, 11 February 2012
Tuesday, 7 February 2012
Col Dangiwa Umar: Any one advocating anything contrary should know of implications and grave consequences. http://ping.fm/VmpaU on Nigeria unity
Sunday, 5 February 2012
With more than 1mn igbos and their over N10bn investment in Kano, will they return to Igboland on directive of tribal jingoists? http://ping.fm/Sz5Mo
Thursday, 2 February 2012
Wednesday, 1 February 2012
Nigeria's Civil servants yet to receive January Salary. During fuel subsidy wahala, FG promised to pay by middle of last month. http://ping.fm/jrcRO
Subscribe to:
Posts (Atom)