Economic Confidential

International Remittances Dominate IOM, ACP, EU Meeting in Ghana

International Remittances Dominate IOM, ACP, EU Meeting in Ghana The International Organization for Migration (IOM), Africa, Caribbean and the Pacific(ACP) and the European Union(EU) are currently discussing on how to improve the use of migrant remittances, particularly in Sub-Saharan Africa...

NIMASA Paid Firm N138m For Non-existence Contract

NIMASA Paid Firm N138m For Non-existence Contract The Federal High Court in Lagos on Monday heard how N138.5 million was paid to a company in 2014 by the Nigerian Maritime Administration and Safety Agency (NIMASA) despite not executing any contract. Fredrick...

Equity market loses N196 bn

Equity market loses N196 bn The  Stock market  on Monday reacted negatively to sudden election postponement, dropping by N196 billion as predicted by financial experts. Specifically, the market capitalisation shed N196 billion or 1.61 per cent to close at N12.004 trillion...

Alleged N115m fraud: Gwarzo must not go free- CACOL

Alleged N115m fraud: Gwarzo must not go free- CACOL The Centre for Anti-Corruption and Open Leadership, CACOL has urged the new ICPC Boss to ensure that the weighty allegations against suspended Director General of the Securities and Exchange Commission, SEC,...

Our vision of industrializing, growing economies of KEDCO States is on course-Gwamna

Our vision of industrializing, growing economies of KEDCO States is on course-Gwamna The Managing Director and Chief Executive Officer of Kano Electricity Distribution Company (KEDCO), Dr Jamilu Isyaku Gwamna, says the company is on track towards achieving the vision of...

AEDC Acquires €2.4m Worth InCMS To Combat Power Theft

AEDC Acquires €2.4m Worth InCMS To Combat Power Theft Following challenges of electricity theft and associated loss of revenue, the Abuja Electricity Distribution Company (AEDC) has acquired and installed an Integrated Commercial Management System (InCMS) worth €2.4 million to check...
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