Economic Confidential

Oxfam: Gates, 7 Others as Wealthy as Half of World’s Population

Oxfam has published a new report that reveals eight men that own the same wealth as the 3.6 billion people who make up the poorest half of humanity. At its annual meeting of political and business leaders in Davos ,...

Dangote Floats Truck Assembly Plant

Dangote Group of Companies has established a $100 million truck assembly plant in Lagos as part of its efforts to boost foreign exchange and job creation. The group said in a statement in Lagos that the plant was floated by...

58% of Domestic Flights Delayed in 2016

Eight Nigerian airlines delayed 32,121 (equivalent to 58%) of 54, 682 flights operated between January and December, 2016 and cancelled 1,207 flights, findings by Daily Trust have shown. In the year under review, the airlines, including Aero Contractors, Arik Air,...

N458bn Lagos-Ibadan New Rail Project to Begin Feb

The Federal Government will commence the construction of a standard gauge rail line from Lagos to Ibadan next month, the Managing Director, Nigerian Railway Corporation, Mr. Fidet Okheria, has said. The project, which has been awarded to the China Civil...

50 Companies Bid for NNPC’s Boat Supply Term Contract

A total of 50 companies recently submitted bids to partake in the provision of sea worthy Tug boats on charter time basis for the maritime operational requirements of the NNPC in Lagos, Warri and Port Harcourt. The public bid opening...

NYSC Scheme and Experience of A Novice

I had looked forward to National Youth Service Corps scheme after my graduation from Faculty of Communication of Bayero University Kano. It was on Monday November 21, 2016, when I received the thrilled news that Call-up letters of prospective...
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