Economic Confidential

Fraud Alert: NNPC Disowns Bogus ‘Annual Chemistry Competition’

Fraud Alert: NNPC Disowns Bogus ‘Annual Chemistry Competition’ The Nigerian National Petroleum Corporation (NNPC) Wednesday in Abuja distanced the corporation and its subsidiaries from a trending online advert inviting unsuspecting members of the public to submit entries for a phantom...

FG Rehabilitates 3 refineries for local production of 360,000MT of gas

FG Rehabilitates 3 refineries for local production of 360,000MT of gas The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries to achieve local production of 360,000 MTPA of Liquefied Petroleum Gas (LPG) by 2023. The Minister...

Senate invites NNPC, over $1.2bn Brass LNG project

Senate invites NNPC, over $1.2bn Brass LNG project The Senate has invited the management of the Nigerian National Petroleum Corporation (NNPC) and the Brass LNG to brief the Committee on Gas on the extent of implementation of the $1.2billion LNG...

CBN holds MPR at 13.5%

CBN holds MPR at 13.5% The monetary Policy committee of the Central Bank of Nigeria (CBN) has announced its decision to maintain the monetary policy rate (MPR) at 13.5%. Speaking to newsmen after the committee’s meeting in Abuja, the CBN governor,...

EU, UN Budgets $40m in 4 years to end gender violence in Nigeria

EU, UN Budgets $40m in 4 years to end gender violence in Nigeria The UN and European Union (EU) plan to spend 10 million dollars per year in the next four years to end all forms of violence against women...

SEC Approves N154.62b New Securities In Q3

SEC Approves N154.62b New Securities In Q3 The Securities and Exchange Commission (SEC) approved new securities worth N154.62 billion in the third quarter(Q3) of 2019. The commission disclosed this in its current Nigerian Journal of Securities Market in Lagos on Monday. A...
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