Economic Confidential

Inflation Shrinks to 17.75%

Inflation Shrinks to 17.75% The Consumer Price Index (CPI) which measures inflation – the rate of change in the increase in prices – dropped to 17.75 per cent (year-on-year) in June compared to17.93 per cent in the preceding month, the...

Its Pure Monopoly to limit Fuel Imports- TUC

Its Pure Monopoly to limit Fuel Imports- TUC The Trade Union Congress of Nigeria (TUC) has condemned the plan to limit fuel imports to few operators in the oil and gas industry. It said this was monopolistic and aimed at...

PIB: Reps Pass bill, approve 3% for host communities

PIB: Reps Pass bill, approve 3% for host communities The House of Representatives on Friday adopted the conference Committee report on the Petroleum Industry(PIB) Bill, voting 3 percent for host communities in the oil- producing areas. The consideration was stepped down...

PATF Lacks Vitality, Financial Security- Nami

PATF Lacks Vitality, Financial Security- Nami Executive Chairman of the Federal Inland Revenue Service (FIRS) Mr Muhammad Nami has said that the Programme for Tax Transition in West Africa (PATF) lacks vitality and financial security to effectively carry out its...

Emefiele’s Seven Years of Central Banking

Emefiele’s Seven Years of Central Banking By Ademola Bakare Mr. Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), is a foremost development economist, with a quest to bequeath a central bank that is professional, apolitical, and people-focused in...

N150b FG Bonds on Offer- DMO

N150b FG Bonds on Offer- DMO Nigeria's apex debt management agency, Debt Management Office (DMO) has put  N150 billion bonds on offer for subscription for the month of July, on behalf of the federal government. The announcement via an Offer Circular...
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