Economic Confidential

NIBSS Processes N9.3trn Electronic Transactions

The electronic payment landscape in Nigeria has continued to be on the ascendancy as the Nigerian Interbank Settlement System Plc (NIBSS) has conducted over 14 million transactions between November 2012 to October 2013 valued at  over N9.3 trillion, recording...

66 power firms jostle for NIPP plants

About 66 power companies submitted yesterday bids for the purchase of 10 Nigeria National Integrated Power Plants NIPP in the Niger Delta. They include; Alaoji (3), Egbema (4),Ogorode (8), Omuku (8), Geregu (8), Gbarai (7), Benin (4), Omotosho (13), Olorunsogo...

CBN: The Poverty In Sanusi Lamido Sanusi’s Legacy

As Nigeria starts screening for a new CBN governor to replace Sanusi Lamido Sanusi (SLS) at the expiration of his tenure come June 2014, the names of people in consideration for his post, which includes coterie-elite bank managers like...

Elizade, Globe, Coscharis, Others Trade Tackles with Stallion over Car Imports

•Vaswani challenges them to competition •Group petitions FG over insider information on automotive policy •Dealers seek two-year deferment on implementation Major importers of cars into the country are at one another’s throats over allegations made by a group comprising Elizade, Toyota Nigeria...

Nigeria In Unprecedented Financial Crisis – Oshiomhole

Why was Governor Adams Aliyu Oshiomhole of Edo State involved in a solidarity march organized by the Nigeria Labour Congress (NLC) in Abuja to protest over minimum wage? He explains, in this interview, the reason, despite being a governor...

Ensuring Debt Sustainability

Director General of the Debt Management Office, Dr. Abraham Nwankwo says Nigeria will achieve debt sustainability only when the economy is diversified What are the responsibilities of the Debt Management Office? Our job is to manage Nigeria's debt effectively, and that...
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