World Bank Group President Jim Yong Kim, has said that a package of $1.6bn is being arranged for Nigeria and four other countries in sub-Saharan Africa and Yemen to tackle the devastating levels of food insecurity. “We are working toward a financial package of more...

A Deputy Governor of Central Bank of Nigeria (CBN), Chief Adebayo Adelabu has assured the benefiting public secondary schools in Nigeria that the N500 million intervention fund by the Bank is ready for the commencement of infrastructural development of these schools by the end...

• Grants 60% rebate on vehicles imported before 2016 Despite the Senate resolution directing the Nigeria Customs Service (NCS) to stay action on its month-long grace to owners of all vehicles in the country whose customs duty had not been paid to do so, the...

…Approves 2 for 2016. The apex insurance regulatory body, the National Insurance Commission (NAICOM), has approved the status of  2015 financial statements of 48 out of the 54  insurance companies in the country as at March 8, 2017. In the approval which was made available to...

The Federal Government expects the economy to climb out of recession and grow 2.19 percent this year, according to the Ministry of Budget and National Planning, which unveiled the Economic Recovery and Growth Plan (ERGP) 2017-2020. In a statement made available to the media by...

Nigeria’s Total Trade Value for 2016 hits N17.34 Billion The value of Nigeria’s total trade for 2016 amounted to N17.345.0 billion which is 6.5% higher than the value recorded for the year 2015, Economic Confidential can report authoritatively. Latest report issued by the National Bureau of...