Economic Confidential

Ban on Land Car Import to Axe 2m Jobs, N100bn Loss

The Association of Motor Dealers of Nigeria (AMDON) predicts proposed ban on overland importation of cars could cost the government at least N100 billion in lost revenue, cause chaos in transportation sector and render up to 2 million people...

Dangote, Trump, Others Ranked Most Powerful Persons by Forbes

Africa’s richest man and President of Dangote Group, Aliko Dangote, was at the weekend named among other world leaders such as Russian President Vladimir Putin, American President-elect, Donald Trump and German Chancellor, Angela Merkel as the most powerful persons...

UK to Invest $1bn in Nigeria’s Transport Sector

Firms from the United Kingdom have revealed plans to invest over $1bn (about N305bn) in the transport sector of the Nigerian economy. The investments, expected to come on stream within 18 months, are aimed at improving the operations of Nigeria’s...

Niger Budgets N108 Billion for 2017

Niger State Governor, Alhaji Abubakar Sani Bello on Friday proposed N108 billion budget estimate for the 2017 fiscal year to the State House of Assembly. The appropriation bill tagged "Budget of Consolidation" was designed to give priority attention to Youth...

PCNI and the Path to North East Rebirth

The scale of devastation wrought by the insurgency in the North East by the terrorist insurgency is unprecedented in Nigerian history. Since 2009, it has claimed more than 20, 000 lives, and accounted for the displacement of 2.4 million...

Govt to Restructure Bank of Agriculture

Plans are underway to restructure the Bank of Agriculture for better performance as the Federal Government steps up efforts to make agriculture the mainstay of the economy. The Minister of Agriculture and Rural Development, Mr. Audu Ogbeh, said the restructuring...
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