Economic Confidential

Oil slips below $61 on weak demand

Oil slips below $61 on weak demand Oil slipped below 61 dollars a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC and its...

Tomato farmers lament wastage

Tomato farmers lament wastage Some tomato farmers in Benue have called on the state government to mop up surplus tomatoes in markets across the state to curb wastage. The farmers made the call in separate interviews with the News Agency of...

Nigeria Loses $15bn to Tax Evasion -Fowler.

Nigeria Loses $15bn to Tax Evasion -Fowler. The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, said Nigeria loses about $15 billion dollars to tax evasion annually. As no few than 50 participants tax experts across the globe meet...

Dangote Cement Engages GE to Digitize Its Cement Plants

Dangote Cement Engages GE to Digitize Its Cement Plants ….to boost Plant reliability and Power Efficiency Dangote Cement Plc has engaged General Electric (GE) to modernize Seven Aeroderivative Gas Turbines and install its Asset Performance Management (APM) Digital Solution at...

How NDIC Fills FG Revenue Gap

How NDIC Fills FG Revenue Gap By Salisu Na’inna Dambatta In the era of perennial shortfall in the revenue side of Federal Government’s budget proposals, the Nigeria Deposit Insurance Corporation (NDIC), which recently celebrated the 30th anniversary of its establishment, stands...

Bitcoin Kidnap Ransom: Police Nab Suspect in $15,000 Transaction

Bitcoin Kidnap Ransom: Police Nab Suspect in $15,000 Transaction ... Suspect Makes useful revelations ... Other suspects traced, tracked ... Sources allege insider connections to kidnap incidents The Nigerian Police Force, Federal Capital Territory (FCT) Command has tracked down and arrested the main...
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