Economic Confidential

Fec Okays $170m French Loan For Fct Power Infrastructue •Sets Up Diaspora Bond For Nigerians Abroad

THE Federal Executive Council (FEC), on Wednesday, gave the go ahead for the Ministry of Finance to obtain a $170 million loan facility from the French Development Agency, to strengthen power infrastructure in the Federal Capital Territory (FCT).  It also...

UN To Jonathan: End Continuous Killings In Nigeria

The United Nations on Wednesday urged President Goodluck Jonathan and the Nigerian security agencies to find all the means to end the killings and violence in the country. Speaking in a statement made available to LEADERSHIP’s correspondent in New York,...

CBN lists 83 micro finance banks for liquidation

THE central Bank of Nigeria, CBN, has approved the liquidation of 83 existing microfinance banks over engaging in fraudulent activities and non operational offices. Already, a total of N102 billion has been earmarked in the 2014 budget of the Nigeria...

Senator Suleiman Ajadi: Political Bridge Builder

The announcement of Senator Suleiman Makanjuola Ajadi as Special Adviser on National Assembly Matters did not come as a surprise to those who are conversant with the dynamics of Nigerian and especially Kwara State politics. Ajadi was elected as...

Air And Land Operations Continue Amidts Encounters

The air operations to clear terrorists bases sited in Daggu and Yazza  areas of Borno State during the weekend have registered the expected results in the ongoing campaign against terror.  The mopping up operation by ground forces after air assault has...

12 People Who Control Nigeria’s Economy

About 12 Nigerians currently control one-eighth (1/8) of the country’s gross domestic product (GDP), a survey conducted by LEADERSHIP Weekend has revealed.  In the same way, the 10 most capitalised companies listed on the Nigerian Stock Exchange (NSE) make...
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