Economic Confidential

Taming Nigeria’s Rising Inflation

The latest report released by the National Bureau of Statistics (NBS) revealed that the Consumer Price Index (CPI) which is basically seen as the inflation rate has yet again increased from the 17.1 percent recorded in July to 17.6...

Tackling The Menace Of Substandard Products

    The Standards Organization of Nigeria (SON) is a body saddled with the responsibility of ensuring that products used in manufacturing within the country and products imported into the country meet global quality standards. This is to safeguard the health...

Challenges of Manufacturers in an Economic Recession

“Expectation of an early reprieve for Nigeria’s embattled economy was laid to rest as the Manufacturer Association of Nigeria (MAN) said the country’s chances of coming out of the current recession before the end of the first quarter of...

Recession: Nigerians List Opportunity Costs

As Nigerians list opportunity costs of the present hard times and steps the Governments is taking to rescue the economy from the current shambles, the Africa’s richest man, Alhaji Aliko Dangote, recently suggested sales of some of the national...

Between Recession and the Sales of National Assets

The way out the current economic challenges in Nigeria has continued to generate debate among Nigerians both at home and in Diaspora. As a matter of fact, recently the Senate President Bukola Saraki made a suggestion that President Mohammadu...

FAAC Distributes N510.2bn in September

The Federation Account Allocation Committee (FAAC) shared the sum of N510.27 billion among the three tiers of government in September this year, being the statutory allocations for the month of August. The distributable monthly allocation slightly increased above the N493.8...
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