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Is Nigeria in Trouble?, By Gidado Y. Shuaib

Is Nigeria in Trouble?, By Gidado Y. Shuaib The title of this piece is a poser triggered by a blunt remark by Mr. Godwin Obaseki, the formidable political arch-rival of a former Edo State Governor and immediate past Chairman of the All Progressives Congress (APC),...

BoI Grows Assets By 78.8% To N1.86trn

BoI Grows Assets By 78.8% To N1.86trn The Bank of Industry Group concluded the 2020 financial year with a 78.8 per cent growth of assets from N1.04tn to N1.86tn between 2019 and 2020. A statement by the bank on Monday said the increase was driven...

Controversy Trails N10b COVID-19 bailout to auto industry

Controversy Trails N10b COVID-19 bailout to auto industry The N10billion COVID-19 bailout as intervention fund to operators in the auto industry, expected to rescue ailing companies and firms to reposition the sector, seems to be shrouded in controversy. It was gathered that the huge fund is...

OAGF Open to Stakeholders’ Valuable Ideas on Financial Reforms- AGF Idris

OAGF Open to Stakeholders' Valuable Ideas on Financial Reforms- AGF Idris The Accountant General of the Federation, Ahmed Idris, has declared his readiness to partner with stakeholders that have valuable ideas which will help consolidate the gains of the ongoing financial management reforms initiatives. The AGF...

Shell’s Annual Payment To Nigerian Govt Hits Six-year Low

Shell’s Annual Payment To Nigerian Govt Hits Six-year Low       The payment made to the Federal Government by Shell companies in Nigeria plunged by 42.45 per cent in 2020 to the lowest in six years. Royal Dutch Shell said on Wednesday that its subsidiaries in Nigeria paid...

FG, Labour To Meet Mid-April On Petrol Price Adjustment

FG, Labour To Meet Mid-April On Petrol Price Adjustment       The federal government and the organised labour will reconvene their negotiations to finalise decision on appropriate pricing of petrol and electricity tariff by middle of April. Economic Confidential gathered that the meeting will hold before the commencement...