Economic Confidential

NIMASA, Navy Arrest 16 Stowaways on US Bound Vessel

Search and Rescue personnel of the Nigerian Maritime Administration and Safety Agency (NIMASA) in conjunction with officers and men of the Nigerian Navy have apprehended 16 stowaways on a United States bound vessel, MV Colombia River. The arrest which was...

World Bank Supports 10,845 Tomato Farmers in Kano

The Fadama II Additional Financing project financed by the World Bank has supported a total of 10,845 farmers in the last 10 months. The support, according to the Kano State Coordination Office of Fadama, was facilitated through the signing of...

2017 budget: ‘Empty’ MTEF Causing Delay- Senate

The preparation of the 2017 budget suffered another setback at the Senate on Thursday, as the upper chamber of the National Assembly took a swipe at the Executive for blaming lawmakers for the delay in the process. The Senate specifically...

Economic Recovery Plan Ready by December – FG

The Minister of State for Budget and National Planning, Mrs. Zainab Ahmed, has said that the national economic recovery plan for the next three years will be ready next. She explained at an economics communications workshop in Abuja that the...

22 Stocks Decline, NSE Capitalisation Sheds N61bn

The market capitalisation of the Nigerian Stock Exchange dropped by N61bn at the close of trading on Thursday, as 22 stocks depreciate. A total of 112.523 million shares worth N2.359bn were traded in 2,684 deals. The NSE market capitalisation slid to...

Increase Investment in Infrastructure, NBCC Advises FG

The Nigerian British Chamber of Commerce has advised the Federal Government to increase its investment in infrastructure as a way of creating more jobs. The chamber gave this advice in a statement signed by its President, Mr. Dapo Adelegan, the...
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