Economic Confidential

No Plan to Increase Fuel Price-NNPC

...TUC vows to resist pump price hike The Nigerian National Petroleum Corporation has announced that there was no plan to increase the price of Premium Motor Spirit, popularly known as petrol. It stated that it had a robust supply arrangement to guarantee...

Jonathan: Dasuki Did Not Steal $2.2bn

... Insists aircraft, warships, arms bought by his administration Breaking his silence for the first time on the probe being undertaken by the present administration on the procurement of arms to fight Boko Haram by his government, former President Goodluck...

FG, States, LGAs share N420bn‎ for September

...As FAAC revenue down by N35.3bn The federation accounts allocation committee(FAAC) shared the sum of N420 billion among the Federal, State‎s and Local Governments for the month of September 2016. It is however short by N35.3bn compared with the amount in...

Customs Fires 29 Senior Officers

Senior officers numbering Twenty-nine (29) have been fired from the Nigeria Customs Service for various acts of gross misconduct. The officers are among forty-four (44) who were punished for actions capable of compromising national economy. Ten (10) other officers were retired...

FG begins new housing programme with N35bn

In its bid to remove obstacles to the supply of affordable housing units across the country, the Federal Government has commenced the pilot phase of the National Housing Programme with the sum of N35bn. According to the Minister of Power,...

Nigeria’ll Return as Africa’s Largest Economy- IMF

Nigeria is set to overtake South Africa and reclaim its spot as the biggest economy in Africa at the end of the year, the International Monetary Fund has predicted. In its latest report, the IMF projected that Nigeria’s Gross Domestic...
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