By January 2017 which is just a little over 25 days away, the economic depression in Nigeria will be clocking the six month period analysts postulate for such situation to be a passing phase in the life of a...

It is no more news that, in seeking to help the government tackle the acute forex crisis, the Nigerian Law Reform Commission has proposed an amendment to the Foreign-Exchange Act to enable the imprisonment of anyone who holds foreign...

Corporate social responsibility (CSR) has become one of the standard business practices all over the world. For companies committed to CSR it means kudos and an enhanced overall reputation – a powerful statement of what they stand for in...

Popular money-doubling scheme, Mavrodi Mundial Moneybox (MMM), has placed one month ban on all withdrawals starting from Dec. 13. A letter displayed on the page of participants of the scheme cited “heavy workload on system” as reason for the ban. This...

The Economic Confidential Magazine and its 247 online edition published by Image Merchants Promotion Limited (IMPR) has, in Abuja, emerged “Nigeria’s Magazine of the Year 2016” for its incisive, in-depth and effective reportage of Nigeria’s economy spanning a decade. The...

The Nigerian Electricity Regulatory Commission (NERC) has responded to claims by the 11 electricity distribution companies (Discos) that its regulatory actions contributed to the current N809.8 billion revenue shortfall of the electricity market. Through their association – the Association of...