Economic Confidential

Vigilant CBN Holds Rate Steady

As expected, the Central Bank of Nigeria (CBN) has retained its Monetary Policy Rate (MPR) at 12.00 percent but said it had not yet reached the end of its tightening cycle and may need to tighten in 2014 in...

How Mike Tyson Cheated During Fights

In a new memoir, former heavyweight champion reveals an addiction to marijuana and cocaine and his novel way of circumventing testing Mike Tyson was high on drugs during some of his major fights and used a fake penis filled...

What 9 World Leaders Were Doing in Their 20s

These days we're constantly hearing about how hard it is to be a 20-something-year-old  the self-doubt, the meaningless jobs, the ramen-only diet. Do you ever wonder what some of our world leaders were up to during this period of...

Investment Tribunal Adjudicates N352b Cases

Since it was created in 2003, aggrieved investors have filed 256 cases and 35 complaints before the Investments and Securities Tribunal (IST) making monetary claims amounting to N351.9 billion.   At a stakeholders' forum organised by the tribunal on the theme:...

The Giant Strides of NEXIM in 2013

The activities of the National Export and Import Bank, NEXIM and its impact on the Nigerian economy can never go unnoticed. The strides by NEXIM towards the achievement of the transformation agenda of President Goodluck Jonathan cannot be overlooked. ...

New Investor Emerges For Union Dicon Salt

Union Dicon Salt (UDS) Plc has announced that a new core investor, CBO Capital Partners with a turnaround management contract, has become a significant minority shareholder in the company.   UDS, currently chaired by General T.Y. Danjuma, was established in 1984,...
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