Economic Confidential

35, 000 Barrels per Day Crude Oil Production to Come on Stream

35, 000 Barrels per Day Crude Oil Production to Come on Stream Nigeria’s crude oil production is poised for an increased output of 35,000 barrels per day as a protracted dispute that soiled relations amongst Shell Petroleum Development Company (SPDC),...

Sukuk Rules Has Enhanced Issuance Process- SEC

Sukuk Rules Has Enhanced Issuance Process- SEC The Securities and Exchange Commission (SEC) has said that the release of rules on Sukuk bonds has enhanced the issuance process and fostered participation in the instrument. This was stated by Acting Director General...

FG Sets Up Inter-Agency Task Force to Recover N5trn AMCON Debt

FG Sets Up Inter-Agency Task Force to Recover N5trn AMCON Debt The Federal Government has taken another determined step in its bid to recover over N5 Trillion outstanding debts owed the Asset Management Corporation of Nigeria (AMCON), with the formal...

Nigeria’s stride in Natural Gas development

Nigeria's stride in Natural Gas development By Salisu Na’inna Dambatta There is the popular saying by knowledgeable experts in the oil and gas industry that, Nigeria is more of a gas-endowed nation than a crude petroleum one. The recent discovery of one...

Buhari Constitutes Economic Advisory Council

Buhari Constitutes Economic Advisory Council President Muhammadu Buhari has constituted an Economic Advisory Council (EAC) and abolished the erstwhile Economic Management Team headed by the Vice President. The council is made up of the following: Prof. Doyin Salami – Chairman, Dr....

NFIU Not Probing Bank Accounts of PEPs

NFIU Not Probing Bank Accounts of PEPs …. To Investigate leakage The Nigerian Financial Intelligence Unit (NFIU) is not probing bank accounts of politically Exposed Persons(PEPs), Chief Media Analyst of NFIU, Mr Ahmed Dikko has said in a statement. NFIU said it...
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