Economic Confidential

World leaders praise Nigeria on $1tr global trade deal

World leaders have lauded Nigeria’s initiative that facilitated the first-ever global trade reform agreement, which has the potential to add $1 trillion to the global economy. The agreement followed five-days of negotiations in Bali, Indonesia. The outcome is an offshoot of...

Moghalu: GDP Rebasing is Essential for Nigerian Economy

Deputy Governor, Central Bank of Nigeria (CBN), Financial System Stability, Dr. Kingsley Moghalu, has said  the planned rebasing of the country’s Gross Domestic Product (GDP) is very  necessary and helpful to the economy. The National Bureau of Statistics (NBS) had...

‘Vehicle maintenance high because of operating environment’

Mr Odunze Valentine, is the Managing Director/CEO, Sunquick Motor Company with First Degree and second Degree in Mathematics and Education Administration from UNILAG. Sunquick Motors has been on ground for 15 years now he said. In this interview with...

Economic benefits of seafarers’ development in Nigeria

The recent graduation of 11 Nigerian Marine Engineers at the South Shields Marine School, New Castle, United Kingdom under the Nigerian Seafarers Development Programme (NSDP), marks a turning point in Nigeria’s efforts at building a pool of seafarers both...

Rescind decision on refineries’ sale, PENGASSAN urges

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on yesterday urged the Federal Government to review its decision to sell the nation’s refineries. PENGASSAN’s National Public Relations Officer, Oluwaseyi Gambo, told the News Agency of Nigeria that...

Lagos, Rivers, Delta, Lead in Internally Generated Revenue

Lagos, Rivers, Delta, Edo, and Akwa Ibom States recorded the highest internally generated revenue (IGR) in three years spanning 2010 to 2012. Data made available by the National Bureau of Statistics (NBS) and Joint Tax Board (JTB) showed that   Lagos...
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