Economic Confidential

Governor Ortom launches Hajj Savings Scheme in Benue State

Governor Ortom launches Hajj Savings Scheme in Benue State *Assures Muslims of equal rights Governor Samuel Ortom of Benue State has flagged off Hajj Savings Scheme in the state, assuring Muslims of equal treatment. The scheme is a product of the...

NNPC Records 37.21% Drop in Oil Pipeline Vandalism in January

NNPC Records 37.21% Drop in Oil Pipeline Vandalism in January …Increases Gas Supply for Power Generation The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January...

Electricity generation drops to 3,922MW

Electricity generation drops to 3,922MW …… as 11 plants idle Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as 11 plants were idle, even as several others suffered declines in the output. Total power generation fell to...

CAC to Reduce Company Registration to three-hour cycle

CAC to Reduce Company Registration to three-hour cycle The Corporate Affairs Commission on Sunday stated that following the successful deployment of an end-to-end registration module, it was now prioritising the reduction of the registration circle for new companies to just...

Budget execution App Underway- Clem Agba

Budget execution App Underway- Clem Agba The Minister of State, Budget and National Planning, Clem Agba, has said the ministry will soon launch a web application called ‘Eye-Mark’ to track projects executed with budget funds. Also, he said it is not...

Controversy Trails N10b COVID-19 bailout to auto industry

Controversy Trails N10b COVID-19 bailout to auto industry The N10billion COVID-19 bailout as intervention fund to operators in the auto industry, expected to rescue ailing companies and firms to reposition the sector, seems to be shrouded in controversy. It was gathered...
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