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Naira Now N380 Dollar, Pound N450 in Black-Market

Naira Now 380 Dollar, Pound N450 in BlackMarket The values of foreign currencies have continued to diminish against the Naira as the Nigerian currency was traded at N380 to the US Dollar and N450 to the Pound Sterling at the parallel market on Friday in...

NAICOM Approves Financial Statements for 48 Insurance Coys in 2015

…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...

N6trn 2016 Budget: Non-Implementation Trails MDAs

Barely one month to the implementation of the capital budget for 2016, several Ministries Departments and Agencies(MDAs) are yet to come to terms with the current economic recession by not implementing the capital budget to the letter and spirit of the 2016 Appropriation Act...

Economic Confidential is ‘Magazine of the Year 2016’

The Economic Confidential Magazine and its 247 online edition published by Image Merchants Promotion Limited (IMPR) has, in Abuja, emerged “Nigeria’s Magazine of the Year 2016” for its incisive, in-depth and effective reportage of Nigeria’s economy spanning a decade. The Awards, instituted by the Abuja...

Buhari’s Govt Got N2.2tr from FAAC in One Year!

Facts have emerged through a painstaking and diligent investigation that the Federal Government under President Muhammadu Buhari got a total N2,203,573,573,563.25(Two trillion, two hundred and three billion, five hundred and seventy-three million, five hundred and seventy-three thousand, five hundred and sixty-three naira and twenty-five...

Ewache Ajefu is New Editor Economic Confidential

The management of Economic Confidential has approved the appointment of award-winning business journalist Ewache John Ajefu as new Acting Editor of the factual and authoritative Nigeria's Economic Magazine. Ajefu, the immediate past Head of Business and Economy with FirstAfricaNews, replaces Sanya Adejokun who left the...