Thursday, March 17, 2016

[News Update] NNPC Faults AuGF on Remittance as CBN Explains 'Secret Recruitment'

 

Latest Economic Reports
Latest economic reports in the Economic Confidential, the factual, authoritative and accessible economic magazine.

NNPC Faults AuGF Over Unremitted N3.325trn to Federation Account
The Nigerian National Petroleum Corporation, NNPC has denied failing to remit N3.325 trillion  to the Federation Account and provided clearer pictures on the figure against the recent report of the Auditor General of the Federation. Read: http://goo.gl/Xc3yi2
 
CBN Clear Air on 'Secret Recruitment'
The Central Bank of Nigeria has said it opted for a secret process of hiring new staff in the past two years because the bank was doing "targeted recruitment". Read: http://goo.gl/C4UmqG
 
Inside National Assembly's N115 billion budget for 2016; House of Reps gets biggest share
The House of Representatives is to receive the highest allocation in National Assembly's N115 billion budget for 2016, details of the proposal exclusively obtained by PREMIUM TIMES ahead of an official release, shows. Inside National Assembly's N115 billion budget for 2016; House of Reps gets biggest share. Read: http://goo.gl/JLG5JG
 
NUPENG: Forex Assistance to Oil Marketers will End Fuel Scarcity
The South-West Chairman of the union, Alhaji Tokunbo Korodo, stated this in an interview with the News Agency of Nigeria (NAN) in Lagos. Read: http://goo.gl/F7PGWH
 
AMCON has N6.6 trillion Liabilities- DG
The Asset Management Corporation of Nigeria (AMCON) on Wednesday revealed that its current liabilities stood at N6.6 trillion from purchase of bad loans worth N3.3 trillion at the sum of N1.7 trillion. Read: http://goo.gl/71MZbk
 
Naira Sells for 325 Against the Dollar
The Naira may still be going up before the Easter as it exchanged for N325 against the American dollar on the parallel market. Read: http://goo.gl/AgFRvk
 
Improving The Health Sector To Check Medical Tourism
The Indian High Commission, alluding to their country's Medical Association's 2014 annual report, disclosed that Indian hospitals received 18,000 Nigerians on medical visas in 2012, and about 47 per cent of outbound medical tourism from Nigeria goes to India, totalling about $260 million. Read: http://goo.gl/jfaaUw
 

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posted by Economic Confidential at 5:12 AM

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