Economic Confidential

FIRS, Customs get N1.2 Trillion Revenue Collection Cost in 5yrs

The Federal Inland Revenue Service (FIRS) and Nigeria Customs Service (NCS) had received about N1.217 trillion as cost of revenue collections in the last five years, Daily Trust investigations have shown. Analysis of official data obtained from FIRS and Federal...

Forex Rubbishes N304bn Health Budget for 2017

Due to continuous depreciation of Nigeria Naira to other foreign currencies, Stakeholders in the health sector have raised an alarm over inadequate budgetary provision of a total sum of N304bn for the Federal Ministry of Health in the 2017...

Niger Delta Sabotage Cuts OPEC Output

OPEC oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey has found . The survey published said the output cut was assisted by attacks on Nigeria’s oil industry and top...

CBN Sells 173 Billion Naira Treasury Bills with Rates Flat

Nigeria's central bank sold 172.85 billion Naira ($550 million) at its first treasury bill sale of the year with yields unchanged from the previous auction, held on Dec. 21, fixed income traders has said. The Central Bank of Nigeria (CBN)...

Nigeria’s Internet Users Fall to 92.4m

The internet users in Nigeria’s telecommunications networks declined to 92,446,687 in November 2016, from the high of 93,176,061 in October, the Nigerian Communications Commission (NCC) has said. The telecommunications industry regulator made the disclosure in its latest Monthly Internet Subscribers...

We Won’t be Sacrificial Lamb of Recession – NLC

Workers in the country will not allow the governments at all levels to make them sacrificial lambs of the current economic recession, president of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba has said. In his New Year message, Wabba...
spot_img

latest articles