Wednesday, 31 August 2016

Recession Bites Harder as Inflation Jumps to 17.1%, GDP drops to -2.06%

Latest on the Economic Confidential
 
Recession Bites Harder as Inflation Jumps to 17.1%, GDP drops to -2.06%
https://economicconfidential.com/2016/08/recession-bites-harder-inflation-jumps-17-1/
 
FG to Set Up Technology Hubs in 8 Geo-Political Zones
Read: https://economicconfidential.com/2016/08/fg-set-technology-hubs-8-geo-political-zones/
 
Zuckerberg: Facebook CEO in Nigeria, Excited About Technology Drive
Read: https://economicconfidential.com/2016/08/zuckerberg-facebook-ceo-nigeria-excited-technology-drive/
 
N2.2tr Oil Loan Upset Banks
Read: https://economicconfidential.com/2016/08/n2-2tr-oil-loan-upset-banks/
 
We Can't Fix The Economy Overnight – APC
Read: https://economicconfidential.com/2016/08/cant-fix-economy-overnight-apc/
 
Pension Funds in Nigeria Hit N5.8 trillion
Read: https://economicconfidential.com/2016/08/pension-funds-hit-n5-8trn/
 
EFCC to Prosecute Firms Not Remitting Pensions
Read: https://economicconfidential.com/2016/08/efcc-prosecute-firms-not-remitting-pensions/
 
Elumelu Tasks Nation's Policy Makers on Poverty Reduction
Read: https://economicconfidential.com/2016/08/elumelu-tasks-nations-policy-makers-poverty-reduction/
 
Adesina Warns Nigeria, Others on Foreign Debt
Read: https://economicconfidential.com/2016/08/adesina-warns-nigeria-others-on-foreign-debt/
 
Business and Human Rights Conference for Sub-Saharan Africa
 
 
For more visit:
Posted by at No comments:

Monday, 29 August 2016

Landslide Threatens $3.2bn Mambilla Hydro-Power as Nigeria Loses N1.1tr to NigerDElta Militant

Latest on the Economic Confidential
 
Landslide May Stall $3.2bn Mambilla Hydro-Power Project, the largest in Nigeria
 
Nigerians Groan as Africa's Largest Economy Battles Recession
 
Eliminate Subsidies, Fix Power to Grow Economy, Sanusi Urges Buhari
 
IDPs: Nigeria's Case is "Highest Category Crises"-UN
 
NigerDelta: Nigeria loses N1.1trillions to militant attacks
 
FIRS Seeks Robust Tax Law to Boost Revenue
 
Nigeria'll be Top Investment Hub by 2019, Buhari Says
 
CBN Warns Banks Against Illegal Money Transfer
 
Can Banks Readily Cough Up NNPC's $2.12bn?
 
 
More on
Posted by at No comments:

Sunday, 21 August 2016

Debts: FG Deducts N32bn from States' Allocations... Osun, Bayelsa 4 Others in Critical Conditions

Latest on the Economic Confidential

Debts: FG Deducts N32bn from States' Allocations
… Debts on Bail-Out, AMCON, Foreign Loans, Bonds, Commercial Agric
… Osun, Bayelsa, 4 other States in Critical conditions
The Economic Confidential provides details on the loans and the level of deductions for each state of the Federation in this story with tables of the Indebted States: https://economicconfidential.com/2016/08/indebted-states-nigeria-april2016/

 For more on economic updates visit

Posted by at No comments:

Thursday, 18 August 2016

How FG, States, LGCs, Others Shared N691bn in July 2016

Latest on the Economic Confidential, the Economic Intelligence Magazine
 
FAAC Table: The Full Breakdown on How FG, States, LGCs, Others Share N691bn in July 2016
 
NEXIM, AFREXIM Bank to Revamp Nigeria's Cocoa Sector
 
Finally, Lagos is now Oil Producing State with Four Oil Wells
 
Skye Bank not Distressed, CBN Insists
 
FG Borrows N110bn Through Bonds
 
United States Oil Import from Nigeria Drops to 4.7mb
 
Electricity Firms Face Fresh Financing Hurdles
 
Power: Price of Gas Rises by 60%
 
FG Orders Massive Importation of Kerosene- Marketers
 
FG Releases N9.8bn to Fight Polio in N'East
 
Nigerian Banks Can't fund Mining Projects – Ex-NMC MD
 
UBEC Funds: 28 States Yet to Gain Access
 
Niger Delta Avengers Disown Contact Group, Says No Negotiation with FG
 
 
For more visit
Posted by at No comments:

Tuesday, 16 August 2016

NNPC to Commence Oil Exploration in Benue, CBN Increases Dollar Sales top BDCs

Latest on the Economic Confidential, the Economic Intelligence Magazine
 
NNPC to commence Oil Exploration in Benue Trough
 
CBN increases dollar sale to BDCs, Special Fund for Agriculture and Manufacturing
Read: https://economicconfidential.com/2016/08/cbn-increases-dollar-bdcs-fund-agric/
 
NDIC Charges Jaiz Bank to Uphold Good Corporate Governance
 
Nigeria Will Need Extra 900,000b/d to Recover Oil Lost to attacks by Niger-Delta Militants
 
Again FG Promise to employ 100,000 youths as extension workers to help farmers
 
Globalcom Comes First in NCC Rating of Telecoms Firms in Data Subscription
Read: https://economicconfidential.com/2016/08/ncc-rates-telecoms-firms-data-subscription/
 
Ambitious SunTrust Bank Commences Operations
 
A group of Foreign Investors Release $14bn for Projects to speed up the economic revival of Nigeria.
 
Mixed Feelings as Recession Bites Harder after three straight quarters of negative growth.

 
FEATURES/OPINION

Maikanti Baru: Repositioning the Energy Behemoth for Profitability
 
FG's Deaf Ear on Kerosene Policy as the Commodity become scarce and unaffordable
 
Assessing CBN's Economic Diversification Strategy
 
Assessing Buhari's Anti-Graft War
 
Between Nigerian Economy and Progressive Economic Policy
 
Africa's Capacity for Climate Risk Response
 
The Beauty of Sticking by the Rules
 
Goodluck Jonathan: From Worst President to Best Ex-President
 
Genetically Modified Organisms: To be or not to be for Nigerian consumers?
 
2016 Partial Budget Implementation and its Implications
 
For more visit:
Posted by at No comments:

Sunday, 14 August 2016

AMCON Has over N2tr Assets as Military Reacts to Latest Video of Boko Haram on Chibok Girls

Latest from the Economic Confidential and PRNigeria
 
AMCON Has Assets in Excess of N2trillion with powers to Trace and Possess Assets of Debtors through Court Order- AMCON Boss
 
Maximum Deposit Insurance Coverage for Primary Mortgage Banks Now N.5m- NDIC
 
FIRS: The Palpable Fear of Invading Tax Enforcers
 
Nigeria loses N88bn as India, US reduce oil imports
 
Unpaid Salaries Cause of High Crime Rate – Sultan
 
NNPC, NPA's Tussle over N5bn Debt Threatens Fuel Importation
 
BoI, Gombe Seal N360m Solar Power Pact
 
An Encounter with AMCON Boss – A Media Intern
 
 
UPDATES FROM PRNIGERIA
 
Chibok Girls: Nigerian Military Examines Boko Haram's Latest Video, as it insists precision airstrikes do not hit innocent people
 
Nigerian Army Declares Salkida, Ambassador Ahmed U. Bolori, Hajia Aisha Wakil Wanted
 
Bosso: Gov Bello Directs Release of Suspects to Police, Sets Up Panel of Inquiry
 
 
For more visit
Posted by at No comments:

Tuesday, 2 August 2016

CBN Issues Warning on Unregistered Money Transfer Operators

Latest on the Economic Confidential
 
CBN Issues Warning on Unregistered Money Transfer Operators
 
Buhari Promises to Build 5,000 Houses in Every State
 
Nigerian Accounts for 70% Illicit Weapons in W/Africa
 
Three Ex-militants Bag First Class Degrees in UK Universities
 
Nigeria: President Buhari Appoints Heads of 17 Education Agencies, Retains Four
 
NNPC Dissociates Self From Kerosene Price Hike
FG Takes Over Ajaokuta, Signs Agreement With Indians
 
EFCC, INTERPOL Nabs Nigerian Fraudster Involved $60m Scam
 
Naira Drops to 382 as Dollar Scarcity Bites Harder
 
 'Crude Export Earnings Fell by N153.5bn in May'
 
FG Owes Retirees N293bn, Says it Won't Sack Workers
 
Militancy: Our revenue has dropped below 20%- Governor of Delta State Cries
 
Finally Okorocha Introduces Three-day Work Week, Two Farm-Days, Two Weekend Break
 
Kwara Owes Pensioners N14bn Gratuity – NULGE
 
For more visit Economic Confidential
Posted by at No comments:
Subscribe to: Posts (Atom)