Economic Confidential

Africa’s Capacity for Climate Risk Response

The financial cost of the 2012 flooding across Nigeria was officially put at N2.6 trillion by the National Emergency Management Agency (NEMA). With housing and agriculture being the two highest affected sectors, the crisis dealt very hard blows on...

The Beauty of Sticking by the Rules

Between the 5th -22nd of August 2016, the eyes of the world would be focused on one of the world’s greatest sporting event, the summer Olympic Games. This year’s event is dubbed the Rio-Olympics games. It is also officially...

Assessing CBN’s Economic Diversification Strategy

The Nigerian economy, prior to the advent of petro-dollar (oil boom) years of the 1970s was basically agricultural based. Agriculture contributed about 65 per cent to the GDP and represented 70 per cent of total exports. The sector was marked...

Bill Gates donates $1m for Food, Farming Aids to Borno

...Shettima launches distribution Borno State Governor, Kashim Shettima on Sunday inaugurated the distribution of food items and farm outreach committee targeting 40,000 victims of the Boko Haram insurgency through the support of the Bill and Melinda Gates Foundation which donated...

Stop Begging for Dialogue, Avengers Tell N’Delta Elders

The Niger Delta Avengers on Sunday warned the Niger Delta elders to desist from appealing to the group to accept the proposed dialogue by the Federal Government, noting that President Muhammadu Buhari is insincere and therefore should not be...

CBN Conducts Special Examination on Banks

...Eyes on NBS as Kale’s tenure ends today In order to ascertain the actual well-being of banks owing to the nation’s macroeconomic challenges and rising non-performing loans (NPLs), the Central Bank of Nigeria (CBN) is currently carrying out examination on...
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