Economic Confidential

Nigerian Govt Votes N16bn for erosion control in 12 States, FCT

Nigerian Govt Votes N16bn for erosion control in 12 States, FCT Nigeria's Federal Executive Council has approved N16 Billion for erosion control in 12 States and the Federal Capital Territory, Abuja. The Special Adviser to the President on Media and Publicity, Femi Adesina, made this known when...

FIRS Makes Historic N650bn Tax Haul in June 2021

FIRS Makes Historic N650bn Tax Haul in June 2021 The Federal Inland Revenue Service has raked in over N650 billion in June 2021, the highest revenue realized in a single month since the COVID-19 pandemic started and the assumption of...

Global GDP risks $2.7trn decline Over Ecosystem Collapse

Global GDP risks $2.7trn decline Over Ecosystem Collapse The World Bank estimates that the collapse of select ecosystem services provided by nature can result in a decline in global Gross Domestic Product (GDP) of 2.7 trillion dollars annually by 2030. The...

Debt defaults Risks Rise in Africa – AfDB

Debt defaults Risks Rise in Africa – AfDB The African Development Bank has stated that the risk of debt defaults is increasing among African countries. This statement was contained in the Strategy for Economic Governance in Africa, which was launched on...

FG Approves Aviation university, begins this July

FG Approves Aviation university, begins this July The Minister of Aviation, Hadi Sirika, has presented the concept note for Nigeria’s first aviation and aerospace university, as a provisional approval has been granted for the commencement of the institution. Also, the Executive...

Fresh OML 130 Gas Supply Deal to earn NNPC, Others $760m Revenue

Fresh OML 130 Gas Supply Deal to earn NNPC, Others $760m Revenue The Nigerian National Petroleum Corporation (NNPC) yesterday stated that, along with its partners, the national oil company was set to earn over $760m from various fresh agreements on...
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