Economic Confidential

National Action Committee on AfCFTA Engages Stakeholders on Knowledge Sharing

National Action Committee on AfCFTA Engages Stakeholders on Knowledge Sharing As part of its preparations for the operationalization of the African Continental Free Trade Area (AfCFTA) scheduled for January, 2021 the Nigeria's National Action Committee under the leadership of the...

RMAFC Set to Recover Accruable Revenue from Defaulters to Federation Account.

RMAFC Set to Recover Accruable Revenue from Defaulters to Federation Account. The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) in collaboration with the Economic and Financial Crime Commission (EFCC) and the Independent Corrupt Practice Commission (ICPC) is to carry out...

Gwagwalada Area Council Includes Compensation Layout Road in 2020 Budget 

Gwagwalada Area Council Includes Compensation Layout Road in 2020 Budget The 1.2 km road leading to Phase 4, Compensation Layout, Gwagwalada, is to be included in this year's budget of the Gwagwalada Area Council. The Chairman of the Council, Adamu Mustapha...

CBN Reduces MPR to 11.5%

CBN Reduces MPR to 11.5% The Governor of the Central Bank of Nigeria(CBN) Mr Godwin Emefiele has announced the reduction of Monetary Policy Rate(MPR)  to 11.5%. Mr Emefiele  stated this  while reading the communique at the end of the MPC meeting...

JAIZ Bank is Most Improved Islamic Bank

JAIZ Bank is Most Improved Islamic Bank Jaiz Bank Plc, Nigeria’s premier non-interest bank has been awarded as the Most Improved Islamic Bank 2020 in the world by the Global Islamic Finance Awards (GIFA). The Global Islamic Finance Awards (GIFA) are...

FAAC Shares N682bn Revenue to FG, States and LGs for August

FAAC Shares N682bn Revenue to FG, States and LGs for August. The Federation Accounts Allocation Committee (FAAC) has shared a total of N682.060 billion August 2020 federation account revenue to the Federal, States and Local Government Councils and agencies. This...
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