Economic Confidential

Amnesty International wants Nigeria to Investigate 2016 Biafra Day killings

Amnesty International wants Nigeria to Investigate 2016 Biafra Day killings Amnesty International has said that four years after 60 pro Biafra protesters were killed and about 100 injured in Nkpor, Anambra state by the Nigerian security forces, justice is still...

Former NNPC GMD, Baru, is Dead

Former NNPC GMD, Baru, is Dead The Nigerian National Petroleum Corporation (NNPC) regrets to announce the demise of its former Group Managing Director (GMD), Dr. Maikanti Kacalla Baru, Friday night. Dr. Baru, a consummate Mechanical Engineer, died after a brief illness,...

Senate considers N10.51trn revised budget for 2020

Senate considers N10.51trn revised budget for 2020 The Senate has reconvened to consider President Muhammadu Buhari’s request for approval of the revised 2020-2022 Medium Term Expenditure Framework/Fiscal Strategy Paper, and revised Appropriation Bill 2020. The bill to amend the 2020 Appropriation...

Breaking: CBN Slashes MPR to 12.5%

Breaking: CBN Slashes MPR to 12.5% The Monetary Policy Committee (MPC) of Central Bank of Nigeria(CBN) has slashed the monetary policy rate (MPR), to 12.5 per cent. The MPR is the lending rate solely controlled by the apex bank. CBN Governor Godwin...

Emefiele: Thinking ahead for a new Nigeria

Emefiele: Thinking ahead for a new Nigeria By: Justus Nduwugwe In June, 2014 when Mr. Godwin Emefiele assumed the position of the Governor of the Central Bank of Nigeria (CBN), little did the country realize that a great thinker and banker,...

Buhari writes Reps, seeks fresh $5.513bn loan

Buhari writes Reps, seeks fresh $5.513bn loan The Federal Government is to borrow a sum of $5.513 billion from external sources to finance the revised 2020 appropriation and support state government meet their challenges occasioned by COVID-19. In a letter to...
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