Economic Confidential

Board, Management Mismanaged Fortis Micro-Finance into Liquidation- NDIC

Board, Management Mismanaged Fortis Micro-Finance into Liquidation- NDIC The Nigeria Deposit Insurance Corporation(NDIC) has said that liquidation of Fortis Micro-Finance Bank was due largely to non-adherence to corporate governance issues by its board and management. In a statement by the Head...

2019 Election: Buhari’s Programmes are his strength- Gwamna

2019 Election: Buhari’s Programmes are his strength- Gwamna A chieftain of the All Progressives Congress (APC) in Gombe State, Dr. Jamilu Isyaku Gwamna (Sardaunan Gombe) has expressed optimism that President Muhammadu Buhari would emerge victorious in the forthcoming election because...

Nigeria to Boost Domestic Gas Supply by 600mmscfd

Nigeria to Boost Domestic Gas Supply by 600mmscfd …As NNPC, JV Partners Sign FID on Assa North Fields A major step on attaining sufficiency in domestic gas supply was taken by the Nigerian National Petroleum Corporation (NNPC) Wednesday in Abuja with...

17 Years After, FG Begins Verification of Savannah Sugar Retirees

17 Years After, FG Begins Verification of Savannah Sugar Retirees The ordeal of the 1,731 retired workers of the defunct, Savannah Sugar Company, in Numan, Adamawa State, acquired by the Dangote Group of Companies in 2003, during the administration of...

FG Unveils New Four-year Debt Management Strategy

FG Unveils New Four-year Debt Management Strategy The Federal Government on Tuesday released the new National Debt Management Framework 2018-2022. The Debt Management Office stated that the NDMF was a reference document, as well as a compendium of Nigeria’s key debt...

Deposit Money Banks’ Assets, Liabilities Now At N37.14tn

Deposit Money Banks’ Assets, Liabilities Now At N37.14tn The total assets and liabilities of commercial banks stood at N37.14tn at the end of November 2018, representing 0.4 per cent decrease below the level at end-September 2018. According to figures obtained from...
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