Economic Confidential

Reps summon Sanusi, Okonjo-Iweala over Naira depreciation

ABUJA — Worried by the continued depreciation of the Naira, the House of Representatives, yesterday, summoned the Governor of the Central Bank of Nigeria, CBN, Alhaji Sanusi Lamido Sanusi and the Minister of Finance, Dr. Ngozi Okonjo-Iweala to appear...

Privatisation: FG spends N609.4bn on labour liabilities

The Federal Government spent N609.4bn on settlement of labour liabilities in privatised public enterprises between 2000 and 2013, the Bureau of Public Enterprises has said. The Director-General, BPE, Mr. Benjamin Dikki, said this in a statement made available to our...

Peacekeeping: UN Owes Nigeria, 4 Others N127bn

The United Nations (UN) is indebted to Nigerian army and other four countries to the tune of N127 billion through her participation in the global peacekeeping effort but, despite this, all the troops participating in the programme have been...

Pirates kidnap U.S sailors off Nigerian coast

Pirates attacked an oil supply vessel off the Nigerian coast and kidnapped the captain and chief engineer, both United States citizens, an American defense official and security sources said on Thursday. Reuters reports that pirate attacks off Nigeria’s coast have...

Nigeria And Argentine Republic Relate On Job Creation

The Honourable Minister of Labour and Productivity, Chief Emeka Wogu CON, has revealed that the main policy trust of the present administration is to create jobs and ensure industrial harmony with the practice of social dialogue, as enshrined in...

House Probes NCAA’s Purchase of Armoured Cars for Oduah

•Minister’s ties with presidency impedes EFCC investigation By Onwuka Nzeshi, Reuben Buhari and Dele Ogbodo  and Chinedu Eze The House of Representatives Tuesday ordered an investigation into the controversial purchase of two armoured BMW 760 Li cars by the Nigeria Civil Aviation...
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