Economic Confidential

Buhari’s Imprints on the Nigerian Oil and Gas Sector

Buhari's Imprints on the Nigerian Oil and Gas Sector By Salisu Na'inna Dambatta The signing of the Petroleum Industry Bill (PIB) into law by President Muhammadu Buhari on August 16th, 2021, after it was passed by the National Assembly, has added...

EndSARS: Insurers pay N5.4b Compensation

EndSARS: Insurers pay N5.4b Compensation A total of N5.4 billion claims has been paid by insurers to Nigerians who suffered losses from #EndSARS riot that occurred last October, the Director-General, Nigeria Insurers Association, Mrs. Yetunde Ilori, has said. Mrs Ilori said...

Budget Readiness: FG Begins Training for 900 MDAs

Budget Readiness: FG Begins Training for 900 MDAs The federal government has commenced training for 4,000 workers drawn from 900 ministries, departments and agencies (MDAs), expressing its resolve to ensure consistent and timely preparation, submission and approval of annual budgets...

NNPC Ready to Deduct N215bn from September FAAC

NNPC Ready to Deduct N215bn from September FAAC The Nigerian National Petroleum Corporation (NNPC) is once more set to deduct about N215.3 billion from its contribution to next month’s joint Federation Account. The aforementioned amount is a combination of N175...

Nigeria’s Q2 GDP Up by 5.01%

Nigeria’s Q2 GDP Up by 5.01% Nigeria’s Gross Domestic Product (GDP) grew to 5.01 per cent (year-on-year) in real terms in the second quarter of the year (Q2 2021), compared to 0.51 per cent in the preceding quarter. This marks three...

Senator Stella Uduah dumps PDP, joins APC

Senator Stella Uduah dumps PDP, joins APC Former Minister of Aviation in the administation of President Goodluck Ebele Jonathan and a serving Senator, Princess Stella Oduah, has dumped the People's Democratic Party (PDP) and joined the ruling All Progressives Congress (APC)...
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