Economic Confidential

FG Eyes N20bn revenue from mining sector

FG Eyes N20bn revenue from mining sector The Minister of Mines and Steel Development, Arch. Olamilekan Adegbite has said that government hopes to earn N20 billion revenue from the mining sector in the current fiscal year. Adegbite stated this when the...

FG Registers 27 Data Protection Firms to Check Data Theft

FG Registers 27 Data Protection Firms to Check Data Theft The Federal Government has licensed 27 data protection companies to guard against data theft and privacy violation in the country. The Director General of National Information Technology Development Agency (NITDA), Mr...

Nigeria to Commence rice export in 2 years – Minister

Nigeria to Commence rice export in 2 years – Minister The Minister of Agriculture and Rural Development, Mr Sabo Nanono, has said in Abuja that Nigeria would hopefully begin exporting rice to other countries in the next two(2) years. Nanono hinted...

UTME: Jamb Rakes in N2.27 Billion In 7 days

UTME: Jamb Rakes in N2.27 Billion In 7 days The Joint Admission and Matriculation Board, JAMB, made the sum of N2,272,681,643:00 in 7 days of selling forms for the 2020 Unified Tertiary Matriculation Examinations, UTME, to admission seekers in the...

FG records N1.14tr deficit in 90 days

FG records N1.14tr deficit in 90 days • Salaries, debt service, others take 73 percent of revenue The fiscal operations of the Federal Government in the fourth quarter of 2019, showed an estimated deficit of N1.14 trillion, compared with the proportionate...

Vitafoam Doubles Pre-Tax profit to N1.18bn

Vitafoam Doubles Pre-Tax profit to N1.18bn Vitafoam Nigeria Plc started the new business year on a double as the foam-manufacturing company doubled profit to N1.18 billion within the first three months of the year. Vitafoam Nigeria’s share price rose by 6.0...
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