Latest from the Factual, Authoritative and Accessible Economic Confidential
Hezbollah Connection: Amigo Supermarket, Wonderland Park Change Names
Why did popular Amigo Supermarket and Wonderland Amusement Park in Abuja change their name? Economic Confidential provides the details: Read: http://economicconfidential.com/hezbollah-connection-amigo-supermarket-wonderland-park-change-names/
FAAC Distributes N600bn for July at August Meeting
Again Akwa Ibom got highest allocation N16bn, folows by Lagos N15bn, Delta, Kano, Rivers got 11bn each. The lowest recipients are Gombe, Ekiti, Ebonyi State who got N4bn each from Federation in August. Read: http://economicconfidential.com/faac-distributes-n600bn-for-july/
Go To Hell: CBN Tells JP Morgan
The Central Bank of Nigeria (CBN) has reacted angrily to decision by JP Morgan to phase out the country from the Government Bond Index for Emerging Markets (GBI-EM). Read: http://economicconfidential.com/go-to-hell-cbn-tells-jp-morgan/
Danteni Mordecai: Championing Efficiency in DPR
In less than two months of his appointment as the most senior and competent officer in his agency, the Director Petroleum Resources, Ladan Danteni Baba Mordecai has made huge impact in the oil and gas industry. Read: http://economicconfidential.com/8395-2/
Exploring Potentials of Tourism as Revenue Spinner
Tourism, one of the earliest industries known to man, essentially involves travelling from one place of interest to another, either for sight-seeing, leisure, adventure, picnic, relaxation/ recreation, holidays, business or just for peace and quietness. Read: http://economicconfidential.com/exploring-potentials-of-tourism-as-revenue-spinner/
World Bank to Disburse US$140m for Community Development In Nigeria
The new World Bank president, Jim Yong KimThe World Bank assisted Community and Social Development Project (CSDP) is now set to start disbursing additional $140million (about 30 billion naira) to twenty six states and FCT for community driven projects. Read: http://economicconfidential.com/world-bank-to-disburse-us140m-for-community-development-in-nigeria/
When WTO and Greek Ambassador Visit NEXIM
The Deputy Director of General of the World Trade Organization, Mr.Yonov Fred Agah paid a courtesy visit to NEXIM Bank on Wednesday the 26th of August 2015 to discuss and explore areas of collaboration and synergy between the two organizations. Read: http://economicconfidential.com/when-wto-and-greek-ambassador-visit-nexim/
Exploitative DISCOs and Ambiguous National Grid
Although there has been noticeable improvement in electricity supply in the country in recent time, this however, cannot obscure the fact that the power generation and supply targets envisaged under the privatization arrangement has not been met. The private firms handling the business are more concerned about profit making at expense of the State and citizens' comfort.Read: http://economicconfidential.com/exploitative-discos-and-ambiguous-national-grid/
Nigeria Power Sector: The Pains And The Gains, What Next?
Power generation in Nigeria was 1,750 MW in 1999 when the military exited the stage for democratic governance. The issue became worse after the transition of government in 1999 from the military regime to civilian regime. Read: http://economicconfidential.com/nigeria-power-sector-the-pains-and-the-gains-what-next/
Ministers, CEOs Of MDAs Must Declare Assets Publicly – Ex-Finance Minister
A former Minister in Jonathan's administration advocates Payment of 10% offorfeited undeclared assets to whistle blower because Nigeria's Culture of Impunity Is Bane of Endemic Corruption. He explains he resigned from Jonathan's Cabinet... Read: http://economicconfidential.com/curbing-corruption-ministers-ceos-of-mdas-must-declare-assets-publicly-ex-finance-minister/
Buhari, Service Chiefs And Three Months Deadline
Can the new security service chiefs meet the three months Presidetial directive to to finish the Boko Haram terorists by November 2015? Some current indices and factors regarding the operation are quite clear on how President Buhari intends to achieve the mission. Read: http://economicconfidential.com/buhari-service-chiefs-and-three-months-deadline/
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