Economic Confidential

AMCON Declares N823b Loss

Asset Management Corporation of Nigeria (AMCON) recorded a loss of N823 billion in the 2012 financial year.   The corporation's Executive Director, Finance, Mrs Mofoluke Dosunmu while presenting the 2012 financial scorecard in Lagos said the loss arose from the cost...

FG To Conclude Sale Of Coal Corp

An ad-hoc committee to review and make recommendations to the National Council on Privatization on the resolution of all outstanding issues that had delayed the sale of the non-core assets of the Nigerian Coal Corporation (NCC) has been inaugurated....

3,209 Nigerians died of HIV/AIDS in 4 years – Statistician General

The National Bureau of Statistics says HIV and AIDS claimed 3,209 lives in the country between 2007 and 2010. In a statement in Abuja, Statistician-General of the Federation, Dr Yemi Kale, said 738 lives were lost in 2007; 972...

Farmers To Enjoy Extend Loan Repayment Period

A breakfast meeting organised by the Federal Ministry of Agriculture and Rural Development in Abuja with the Central Bank of Nigeria (CBN) and heads of various deposit money banks (DMBs) in attendance have agreed to extend the loan repayment...

NAFDAC, IITA Flag Off Awareness On Aflatoxin In Nigeria

Nigeria's food and drug regulator, the National Agency for Food and Drug Administration and Control (NAFDAC), in collaboration with the International Institute of Tropical Agriculture (IITA) has organised an awareness workshop for the country's south-eastern region.   Director General of NAFDAC,...

Manufacturers Seek Single Digit Interest On Loans

Chairman of the Manufacturers Association of Nigeria (MAN), Ogun State, Dr. Dolapo B. A. Ogutuga (MON), has said that a major challenge facing manufacturers in 2013, especially small and medium scale industries is the difficulty in accessing long term...
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