Economic Confidential

$9.6bn Judgment Debt a Fraudulent target on our foreign reserve –

$9.6bn Judgment Debt a Fraudulent target on our foreign reserve – The Federal Government has alleged that the awarded $9.6 billion-dollar judgment debt against Nigeria over a botched gas contract is a calculated attempt by international and local scammers to...

22mb of crude oil lost in 6 months – Obaseki

22mb of crude oil lost in 6 months – Obaseki Edo Governor, Godwin Obaseki said the nation lost about 22 million barrels of its crude oil production to oil theft between January and June 2019. Obaseki disclosed this in a...

NASS Tackles Housing deficit via implementable laws

NASS Tackles Housing deficit via implementable laws Hon. Gideon Luka, Minority Whip, House of Representative has promised to formulate implementable laws to address housing deficit in the country. Luka said this in Abuja at the Archibuild 2019 Exposition with theme: “Driving...

SEC Engages Armed Forces, Others on Investments

SEC Engages Armed Forces, Others on Investments In a bid to step up its financial literacy and investor education initiatives, the Securities and Exchange Conmission, SEC has organised  a one Day enlightenment outreach for officers of the Armed Forces, Police,...

Rice Smuggling: Nigeria Risks Loss of $400m if..

Rice Smuggling: Nigeria Risks Loss of $400m if.. ….as RIPAN Backs Border Closure Rice Processors Association of Nigeria(RIPAN) has said Nigeria risks the loss of over $400 million to rice smuggling if the over one million metric tonnes of the commodity...

AfDB Commits $2bn to train 6 million scientists

AfDB Commits $2bn to train 6 million scientists The African Development Bank (AfDB) has committed $2 billion to the education and training of six million science students in Africa from 2005 to date. A statement by the bank’s Communication and External...
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