Economic Confidential

We have not devalued the Naira- CBN

We have not devalued the Naira- CBN The Central Bank of Nigeria(CBN) has debunked  insinuations that it has  devalued the Naira and seriously warned currency speculators and their agents that  the  bank will invoke the full weight of applicable sanctions...

CBN, Fiscal Authorities to deploy measures to insulate economy from global shocks

CBN, Fiscal Authorities to deploy measures to insulate economy from global shocks The Central Bank of Nigeria(CBN) in conjunction with the fiscal authorities will immediately take measures aimed  at strengthening  buffers and insulate the Nigerian economy from the global headwinds. Governor...

FIRS to MDAs: Spending IGR at source stagnates national development

FIRS to MDAs: Spending IGR at source stagnates national development The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has urged revenue generating Ministries, Departments and Agencies (MDAs) to stop spending revenues collected on behalf of the Federal...

SEC DG Advocates Structured Commodities Exchange for Local Participants

SEC DG Advocates Structured Commodities Exchange for Local Participants The Acting Director General of the Securities and Exchange Commission (SEC) Mary Uduk has called for a structured Commodities Exchange that would cater for the needs of local particpants. The SEC stated...

NNPC Assures Women of Equal Opportunity 

NNPC Assures Women of Equal Opportunity  ...As WIEN Pledges Support to Close Energy Gap The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians that as a National Oil Company, it would continue to provide equal opportunity for all staff members to...

Senate to engage Executive on oil price crash

Senate to engage Executive on oil price crash President of the Senate, Ahmad Lawan has announced the constitution of a Joint Committee to engage the Executive arm of government on measures to be taken to insulate the Nigerian economy against...
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