The Federal Government will spend N540bn more on debt servicing than it will spend on 10 key sectors of the economy, an analysis of the 2017 budget, which has been presented to Acting President Yemi Osinbajo, has shown. The 2017 Appropriation Bill, which was passed...

The United Nations Counter Terrorism Centre (UNCCT) has graduated 35 Nigerian aviation security master trainers as part of its project to support efficient security screening across Nigeria’s civil aviation infrastructure. A statement by the UNCCT and made available to Economic Confidential in Abuja, said the...

The Federal Government has said it will review the Public Procurement Act to promote the patronage of locally-made products in the country. The Minister of Information and Culture, Alhaji Lai Mohammed, stated this at the press launch of the campaign for the patronage of made-in-Nigeria...

The Federal Government has been advised to come up with creative and ingenious ways of mopping up excess liquidity in the system to curb inflation. A former Deputy Governor of the Central Bank of Nigeria (CBN), Dr Obadiah Mailafia gave the advice in a chat...

In exercise of the presidential authorities Acting President Yemi Osinbajo, has signed three executive orders that will significantly change some of the ways government business and operations are conducted in the country forthwith. Ahead of the signing, the Acting President held an interactive session at...

The Nigeria Customs Service (NCS), Eastern Marine Command has donated bags of seized rice to Internally Displaced People’s (IDPs) Camps rather than auctioning them to the public. The out-going Controller in charge of the Customs Eastern Marine Command with headquarters in Port Harcourt, River State,...