Friday, August 21, 2009

[News Update] CBN Admits Typo, Debtors Kick, Bankers Run, EFCC to Arrest Next Week

 

Latest from the Economic Confidential (www.economicconfidential.com)

 

 

CBN Admits Typo Errors on Debtors, EFCC Insists on Arrest Next Week

As some of the big debtors alleged misrepresentations in the names and figures attributed to them in the recent publication by Central Bank of Nigeria (CBN), the bank has admitted that there were some typographical errors in some of the names just as the Economic and Financial Crimes Commission insists that it would start the arrest and prosecution of the defaulters next week, Wednesday... Read

 

Nigeria's External Debt: The trus Position 

Recently, there has been a positive and inspiring development around Nigeria's public debt management issues, in terms of growing interest and participation by stakeholders. This development which has manifested in various forms, including, enquiries, comments, concerns, criticisms and suggestions, demonstrates that the efforts of the Debt Management Office (DMO) to democratize public debt management knowledge and practice is producing the desired results.  It represents a growing effective demand for public debt management services, which is very essential for guaranteeing and sustaining quality supply of the services...Read

 

FOCUS: New Federal Permanent Secretary 

The President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria, Alhaji Umaru Musa Yar'Adua has approved the deployment of Permanent Secretaries as follows... Read

 

Jumbo pays for politicians & our slavish mentality

By Harry Agina

I recently read a very disturbing article on this subject titled "Councilors Get 735% Slash in Remunerations," which was written by McDonald Koiki of the Economic Confidential Group. Fraught with slavish mentality, the article is a swipe at the recent attempt by Nigeria's Revenue Mobilization Allocation and Fiscal Commission to bring some sanity into our remuneration policy for political offices in Nigeria... Read

 

Nigeria's Debt Creation Office

By Les Leba

The success of this government agency's efforts in managing  our debts is evident in a steady rise of our domestic debt from less than N1 trillion to over N3 trillion in less than five years, and yet, most Nigerians will agree that the steady debt accumulation has brought little or nothing to the quality of their lives!...Read

 

The List of Major Debtors of Non-Performing Loans in Five Banks  

 
More stories and Features in the Home Page www.economicconfidential.com

 
Economic Confidential
Factual, Authoritative and Accesible
Nigeria's Economic Magazine

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Sharing factual, timely and authoritative economic news, analyses and data, especially on Nigeria's economy from reliable sources.
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