Economic Confidential

Dealers in Unregistered SIM cards fraudulent – NCC

Dealers in Unregistered SIM cards fraudulent – NCC The Nigerian Communication Commission (NCC) has raised the alarm that dealers in unregistered SIM cards are fraudulent and lamented that in spite of enlightenment efforts, some customers still deal in unregistered SIM...

China Guilty for surge in ozone-depleting emissions – Study

China Guilty for surge in ozone-depleting emissions – Study China is to blame for much of the increase in illegal ozone-depleting substances (ODS) since 2013, according to a study published by the journal Nature on Thursday, with domestic companies accused...

Emefiele Promises single-digit interest financing window for MSMEs

Emefiele Promises single-digit interest financing window for MSMEs A single-digit interest financing window awaits entrepreneurs set to commence operations at the Edo Production Centre, Central Bank Governor Mr Godwin Emefiele has said. This will be made possible through the favorable financing...

FAAC: FG, States, LGs Share N616.198bn in April 2019.

FAAC: FG, States, LGs Share N616.198bn  in April 2019. The Federation Account Allocation Committee (FAAC) at the end of their technical and plenary meeting in Abuja distributed a total of N616.198 billion to the three tiers of government for the...

MPC Retains Interest Rate At 13.5%

MPC Retains Interest Rate At 13.5% The Central Bank of Nigeria (CBN) at its Monetary Policy Committee (MPC) held in Abuja resolved to retain the Monetary Policy Rate (MPR), also known as interest rate at 13.5 per cent. Chairman of the...

Investors lose £27m to crypto, forex scams

Investors lose £27m to crypto, forex scams Investors have lost about 27 million British Pounds sterling to crypto and foreign exchange frauds in the last one year. The Financial Conduct Authority (FCA) and Action Fraud are warning the public to be...
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