Latest on the Economic Confidential, the Factual, Authoritative and Accessible Economic Magazine
Full Breakdown: How FG, States and LGCs Shared N311bn in June 2016
A total sum of N311bn was disbursed to Federal, States and Local Government Councils in Nigeria at the monthly meeting of the Federation Account Committee (FAAC) which was held in June 2016. The Economic Confidential Magazine provides the PDF format of the breakdown in the table here:
Full Interview FG LOSES $518m to Oil Swap, OPA Deals- Waziri Adio
Recently the 2013 Audit Report of the Nigeria Extractive Industries Transparency Initiative (NEITI) on Oil, Gas and Solid Minerals was made public. The Executive Secretary of NEITI, Mr. Waziri Adio granted an exclusive interview to the Economic Confidential. The Full interview
Amb Adeyemi Dipeolu: Profile of Economic Adviser, Making a Mark on Economic Matters
The Special Adviser to the President on Economic Matters in the office of Vice President is no other person than a seasoned career diplomat and international civil servant, Ambassador Adeyemi Dipeolu.
Over 12,000 Bank Fraud Worth N18.021bn Reported in 2015 — NDIC
Banks in the country reported a total of 12,279 fraud cases in 2015, the just released annual report of the Nigeria Deposit Insurance Corporation (NDIC) has revealed.
I Can Solve Tomatoes Ebola Locally — Dr. Animashaun
Dr Mufutau Animasahun, holds a Doctorate Degree in Horticulture with emphasis on Post-Harvest Pathology from Writtle College University of Essex, England. He is a Consultant Post-harvest Horticulturist, promising that I can solve Tomato Ebola in Nigeria.
FG Moves to Restructure NIMASA
The Federal Government has said it will restructure the Nigerian Maritime Administration and Safety Agency(NIMASA) in order to enable it perform optimally and bring about meaningful changes in the maritime sector.
The Growing Insurance Fraud In Nigerian
The Nigerian insurance sector is said to be faltering due to lack of attention and development of the sector. The sector is said to be contributing a meagre 0.4 percent to Gross Domestic Product (GDP) Read: https://economicconfidential.com/2016/07/growing-insurance-fraud-nigerian/
Imperatives Of Home Grown School Feeding Programme
Just like in Kaduna and Osun States, the Federal Government has begun its very ambitious moves to implement one of its five promised Social Investment Programs: Home Grown School Feeding Program (HGSF).
Retrenchment In Banks: Is It Really Necessary Now?
As some banks in the country embark on shedding of their staff weight (of which many more are expected in the coming weeks), the exercise runs counter to the age-long belief that banking jobs are among the safest jobs in the country.
The Many Gains Of TSA And Opportunities For Banking Sector
While some managers and even general public may be sceptical, there are many advantages and opportunities for the Treasury Single Account (TSA) Policy.
Nigeria Loses N127bn Yearly to Cybercrime – FG
Nigeria loses about N127bn to cybercrime annually, the Minister of Communications, Mr. Adebayo Shittu, has said.
Cautious Optimism As New FOREX Regime Begins
The new foreign exchange policy of the Central Bank of Nigeria (CBN) which took effect last month generated ripples among the stakeholders with some of them arguing that the apex bank is now stylishly performing a U-turn.
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