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Naira Appreciates To N385.50/$1
Naira Appreciates To N385.50/$1
The naira appreciated to N385.50 at the Investors and Exporters (I&E) window on Monday, June 1, 2020, as the Central Bank...
In Two Months, NNPC Records 74 Pipeline Breaches
In Two Months, NNPC Records 74 Pipeline Breaches
The Nigerian National Petroleum Corporation (NNPC) lost over N20 billion due to 74 pipelines breaches by suspected...
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Latest News
NIPOST Tackles FIRS Over Stamp Duty Collection
NIPOST Tackles FIRS Over Stamp Duty Collection
The Nigerian Postal Service has again tackled the Federal Inland Revenue Service over who has the exclusive right...
Discos Lose N366bn To Tariff Hike Postponement
Discos Lose N366bn To Tariff Hike Postponement
The postponement of the electricity tariff hike shift from April to June is estimated to have cost the...
Economy Contracted In May – CBN Report
Economy Contracted In May - CBN Report
Economic activities in manufacturing, production, new others and other indices contracted in May after recording at least 36...
Nigeria Ranks 64th In Pension Adequacy Index, Says Report
Nigeria Ranks 64th In Pension Adequacy Index, Says Report
The Allianz Group has put Nigeria in the 64th position in the global ranking of pension...
Bonds Yields Dip, Naira Strengthens After Rate Cut
Bonds Yields Dip, Naira Strengthens After Rate Cut
The Federal Government’s five-year bond yield dropped by more than 200 basis points on Friday, after the...
CBN Extends Accounts Submission Deadline For MfBs, Others
CBN Extends Accounts Submission Deadline For MfBs, Others
The Central Bank of Nigeria has extended the timeframe for the submission of the 2019 audited financial...
Economic Confidential
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LATEST ARTICLES
Buhari Okays Nigeria, Siemens Electricity Deal Funding
Buhari Okays Nigeria, Siemens Electricity Deal Funding
President Muhammadu Buhari, has given the nod to a German firm, Siemens AG, to begin the concessionary funding...
Customs Challenge Ruling Stopping Duty On Passengers Baggage
Customs Challenge Ruling Stopping Duty On Passengers Baggage
The Nigeria Customs Service, on Wednesday, appealed against a ruling that it lacked the powers to collect...
World Bank Approves $346m For Lake Chad Region Projects
World Bank Approves $346m For Lake Chad Region Projects
The World Bank has approved $346m for two projects aimed at strengthening resilience and livelihoods in...
Petrol Sold Above N130 In 17 States – NBS
Petrol Sold Above N130 In 17 States - NBS
Despite the reduction in the price of petrol to N125 per litre, the product was sold...
IMF Advises Banks To Suspend Dividend Payment
IMF Advises Banks To Suspend Dividend Payment
The International Monetary Fund has advised commercial banks to retain their earnings by suspending payment of shareholders’ dividends...
