Economic Confidential

NCC: We Did Not Give Directive for Increase of Data Tariffs

Contrary to the general perception that the Nigerian Communications Commission (NCC) gave network providers the directive to increase data tariffs, the commission said that it never gave such a directive. The commission, which made the disclosure at an investigative hearing...

NIPOST to Train 70 Million Youths in Farming, Tailoring

The Nigeria Postal Service has said that it was set to commence the training of 70 million youths across the country in farming, woodwork, tailoring and other skills. The training, according to NIPOST, is part of a process to revamp...

Sokoto Plant to Generate Power at N178/kilowatt

The Sokoto State power plant will generate electricity at N178 per kilowatt, more than three times its current price in the region, Daily Trust investigations have shown. The 38-megawatt Independent Power Plant (IPP) was built by the state at the...

Stock Market Posted N660bn Loss in November

The bearish trend in the Nigerian equities market persisted in the month of November, leaving investors with a combined loss of N660bn. The market has largely suffered from declines in trade value and volumes for a good part of the...

Nigeria, Four Others Ban Europe’s Dirty Fuel Imports

Nigeria and four other West African countries have agreed to ban the importation of Europe’s dirty fuels, the United Nations Environment Programme has said. The UNEP said the move would dramatically reduce vehicle emissions and help more than 250 million...

Senate Exonerates NEMA on alleged Diversion of IDPs relief materials

Senate Majority Leader, Sen. Ali Ndume has cleared the National Emergency Management Agency (NEMA) of complicity in the alleged diversion of relief materials meant for the Internally Displaced Persons (IDPs) in North-East. Alhaji Mohammed Ndume Ndume told media in Yola...
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