Economic Confidential

Workshops on Cost Management for Govt Agencies Underway

The Efficiency Unit in the Federal Ministry of Finance has concluded arrangements for a series of workshops on Cost Management for officers of Federal Ministries, Departments and Agencies (MDAs) and their counterparts in the 36 States of the Federation. The...

FIRS, ECOWAS Member States Take Stock of Transfer Pricing in the Region

Economic Community of West African States (ECOWAS), the Federal Inland Revenue Service (FIRS) and the World Bank Group is currently meeting on the first Transfer Pricing for ECOWAS Member States in Abuja, under the European funded Improved Business and...

FG to Spend N350bn Releases to Fund Budget

Amid complaints that Nigerians are not feeling the impact of the economic policies of the present administration, Vice-President Yemi Osinbajo has assured the public that the federal government is bent on revamping the Nigerian economy through its policies designed...

We’ve Injected N2.419tn into Economy —FG

The Federal Government has injected over N2.419tn into the economy out of the total of N6.06tn budgeted for 2016, according to its 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper. The figure covered recurrent and capital expenditures incurred as...

Oil Price Hits One-year High at $53

Global oil benchmark, Brent, jumped to a one-year high on Monday, after Russia said it was ready to join the Organisation of Petroleum Exporting Countries in curbing crude output. The oil price has risen from $45 on September 28 when...

Economic Growth Depends on Patronage of Nigeria-made Products — Buhari

President Muhammadu Buhari has said his greatest desire is to guide Nigeria to become an export-led economy. According to him, there is no way to achieve this without building the right economic foundation of patronising made-in-Nigeria goods and services. The President,...
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