Economic Confidential

$14bn Spent on Importation of Pharmaceutical Products by Nigeria, Others

$14bn Spent on Importation of Pharmaceutical Products by Nigeria, Others Nigeria and other African countries currently spend at least $14 billion on importation of pharmaceutical products needed in the continent, owing to lack of capacity in local products, therefore exporting...

Nigeria’s Services sector Grew by 1.83 % in 2018 – NBS

Nigeria’s Services sector Grew by 1.83 % in 2018 – NBS The National Bureau of Statistics (NBS), said the services sector of the economy measured by the Gross Domestic Product (GDP) grew by 1.83 per cent in 2018. The NBS disclosed...

EU blacklists Nigeria, Others Over Terrorism financing

EU blacklists Nigeria, Others Over Terrorism financing The European Commission has added Nigeria, Saudi Arabia, Panama and other jurisdictions to a blacklist of nations that pose a threat because of lax controls on terrorism financing and money laundering, the EU...

Tension as Secret Meetings scheduled in Aso Rock with international Group.

Tension as Secret Meetings scheduled in Aso Rock with international Group. There is palpable tension as the Aso Rock has hinted that there may be some changes to the old presidential aides just a high-powered international group of young, multitalented...

Dangote, Imouhkuede’s ABC Health Receives endorsement from African Leaders

Dangote, Imouhkuede’s ABC Health Receives endorsement from African Leaders An ambitious platform, African Business Coalition for Health(ABC Health) designed to bring together business leaders in Africa to collaborate with heads of government and other stakeholders to tackle basic health challenges...

Despite FAAC Allocation, States Unable To Fund Their Budgets- NEITI

Despite FAAC Allocation, States Unable To Fund Their Budgets- NEITI The Nigeria Extractive Industries Transparency Initiative (NEITI) has declared that none of the 36 states were able to fund their respective annual budget in 2018 with the allocation they got...
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