Economic Confidential

Abuja Commodity Exchange For Sale

The Federal Government plans to sell its ownership of the Abuja Securities & Commodities Exchange by the middle of the year after missing an initial deadline in a plan to revive trading, Bloomberg has reported. “The government wants to privatize...

40,000 Prepaid Metres Coming To Kaduna

The Kaduna Electricity Distribution Company will take delivery of 40,000 prepaid metres from the World Bank in February, the company’s Managing Director, Malam Mohammed Idris, has said. He told the News Agency of Nigeria on Tuesday in Kaduna that the...

Privatisation Vote of Confidence

“We have absolute confidence in the way the Government and the Bureau of Public Enterprises (BPE) have positioned the power sector reforms”, Alhaji Ibrahim Dahiru Waziri, the new Chairman of Transmission Company of Nigeria (TCN) has declared during a...

Nigeria’s Capital Market In 2013

At a gathering of stakeholders in Lagos, Chief Executive Officer of the Nigerian Stock Exchange (NSE0, Mr. Oscar Onyema reviewed capital market performance in 2013 and gave a projection for the current year.  In December 2013, Nigerian Stock Exchange (NSE)...

GDP Estimates For 2012 To September 2013

National Bureau of Statistics has released GDP estimates for January 2012 to September 2013. On an aggregate basis, the economy when measured by the Real Gross Domestic Product (GDP), grew by 6.81 percent in the third quarter of 2013....

More Knocks For 2014 Budget Proposal

A group, Rule of Law Collective knocks the 2014 appropriation Bill submitted to the National Assembly, calling it wasteful, short-sighted and extravagant The Rule of Law Collective is a civic platform comprising Nigerians from all walks of life who through...
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