COVID-19 Reduces Consumer Income By 30% – Report
Consumer income levels have fallen by 30 per cent in Nigeria since March due to the impact of the COVID-19 pandemic on the economy.
This was disclosed in a recent survey conducted by REACH Technologies, a Nigeria-based fintech,...
COVID-19: Border Closure on Rice to Nigeria’s Advantage as Prices Skyrocket in International Market- Reports
The partial border closure by the Nigerian government has put the last laugh on the faces of rice farmers as the price of rice in the international market has skyrocketed...
CBN Probes Accounts Of Palm Oil Smugglers
...may blacklist smugglers from banking activities
...disburses N30bn to palm oil businesses
The Economic Intelligent Department of the Central Bank of Nigeria (CBN) has initiated probe into the accounts of smugglers dumping palm oil into Nigeria.
Governor of the CBN Mr....
Capital Market Scandal: Oando’s Inquiry by SEC Reveals Breach of ISA Act 2007- Investigations
As the nation awaits the result of the Administrative Panel of Inquiry(API) set up by the Minister of Finance to look into allegations of financial impropriety levelled against the suspended Director...
FAAC: FG, 36 States Share N2.56 tr in 6 Months- Investigations
....Akwa Ibom, Lagos, 8 Others top list
....Gombe, 5 Others get lowest allocations
The Federal government, thirty-six states of the federation and the Federal Capital Territory (FCT) have so far shared the sum of N2.56 trillion...
Annual State Viability Index: 36 States Generate N801bn of IGR Against N2.6trn from Federation Account
Lagos Generates More IGR than 30 States Combined …
Economic Viable States: Lagos, Ogun, Rivers, Edo, Kwara and Delta States
Poor IGR States: Borno, Ebonyi, Kebbi, Jigawa
The Economic Confidential, the award winning...
