'Diaspora Nigerians Remitted $168bn In Eight Years'   The Nigerian Diaspora community has remitted $168.33bn to the country in the past eight years, according to World Bank reports collated by our correspondents. This is as foreign investments inflow into the country fluctuated in the period under review...

Insurance Claims Now N1.5trn - NAICOM   Insurance companies paid N1.5trn claims in six years as businesses increased. The biggest advertisement needed to promote insurance patronage is prompt claims settlement according to industry experts. The Nigerian underwriting companies have so far paid N1.5tn claims to their customers in...

USA Budgets $5.7m To Support Nigeria   The United States of America plans to assist Nigeria with $5.7m to manage elections. This was according to the Congressional Budget Justification for Foreign Operations document for Fiscal Year 2024 obtained by our correspondent. Economic Confidential observed that the $5.7m is...

DisCos Raked In N202.62bn Revenue In Q3, 2022   The National Bureau of Statistics (NBS) said the 11 electricity Distribution Companies (DisCos) collected N202.62 billion revenue in the third quarter of 2021 (Q3 2021). It rose by 7.54 per cent from the N188.11 billion collected in the...

Kogi, Six Other States Lose N45bn FG Funding   The Minister of State for Budget and National Planning and the Chairman of the Federal Cares Steering Committee, Clem Agba, has disclosed that only 29 states and the Federal Capital Territory, are beneficiaries of the funds disbursed...

LCCI, NUPENG Knock FG Over Subsidy Removal, $800m Palliative Loan   The Lagos Chamber of Commerce and Industry (LCCI) has raised concerns over the $800 million loan the Federal Government has secured to cushion the effect of premium motor spirit (PMS) subsidy removal on poor Nigerians,...