Economic Confidential

Reps Want Urgent Measures to Curb Fall In Naira Value

Reps Want Urgent Measures to Curb Fall In Naira Value The House of Representatives has urged the Central Bank of Nigeria (CBN) to urgently put in place a policy to check further devaluation of the naira to the United States...

Rivers, Lagos Lead as Public Debt Climbs to N33.1tn

Rivers, Lagos Lead as Public Debt Climbs to N33.1tn Nigeria’s total public debt had a 0.58 per cent marginal increase from N32.916 trillion as of December 31, 2020 to N33.1 trillion ($87.239 billion by March 31, 2021, latest figures...

NIMC Appoints Spectranet 4G for NIN Enrollment

NIMC Appoints Spectranet 4G for NIN Enrollment The National Identity Management Commission (NIMC), has appointed Spectranet 4G LTE owned exclusive shops as locations for Nigerians to register for National Identity Number (NIN) Disclosing this in a chat with journalists, the Chief...

Airfares May drop as more planes arrive

Airfares May drop as more planes arrive Passengers are set to enjoy lower air fares as more domestic airlines received more aircraft, many of which were trapped at maintenance facilities abroad following the outbreak of COVID-19 pandemic and restrictions. Over the...

Buhari Inaugurates Lagos-Ibadan Rail Line For Commercial Operations

Buhari Inaugurates Lagos-Ibadan Rail Line For Commercial Operations President Buhari on Thursday inaugurated the commercial operations of Lagos-Ibadan railway project at the Mobolaji Johnson Railway Station, Ebute Metta, Lagos, describing the feat “as another milestone in the drive of this...

At World Environment Day, DBN Commits to Environmental Sustainability

At World Environment Day, DBN Commits to Environmental Sustainability The Development Bank of Nigeria (DBN) has reiterated its commitment to sustainability with a pledge to entrench positive environmental practices in its operations and amongst its stakeholders. The bank made this...
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