Wednesday, August 31, 2016

[News Update] Recession Bites Harder as Inflation Jumps to 17.1%, GDP drops to -2.06%

 

Latest on the Economic Confidential
 
Recession Bites Harder as Inflation Jumps to 17.1%, GDP drops to -2.06%
https://economicconfidential.com/2016/08/recession-bites-harder-inflation-jumps-17-1/
 
FG to Set Up Technology Hubs in 8 Geo-Political Zones
Read: https://economicconfidential.com/2016/08/fg-set-technology-hubs-8-geo-political-zones/
 
Zuckerberg: Facebook CEO in Nigeria, Excited About Technology Drive
Read: https://economicconfidential.com/2016/08/zuckerberg-facebook-ceo-nigeria-excited-technology-drive/
 
N2.2tr Oil Loan Upset Banks
Read: https://economicconfidential.com/2016/08/n2-2tr-oil-loan-upset-banks/
 
We Can't Fix The Economy Overnight – APC
Read: https://economicconfidential.com/2016/08/cant-fix-economy-overnight-apc/
 
Pension Funds in Nigeria Hit N5.8 trillion
Read: https://economicconfidential.com/2016/08/pension-funds-hit-n5-8trn/
 
EFCC to Prosecute Firms Not Remitting Pensions
Read: https://economicconfidential.com/2016/08/efcc-prosecute-firms-not-remitting-pensions/
 
Elumelu Tasks Nation's Policy Makers on Poverty Reduction
Read: https://economicconfidential.com/2016/08/elumelu-tasks-nations-policy-makers-poverty-reduction/
 
Adesina Warns Nigeria, Others on Foreign Debt
Read: https://economicconfidential.com/2016/08/adesina-warns-nigeria-others-on-foreign-debt/
 
Business and Human Rights Conference for Sub-Saharan Africa
 
 
For more visit:

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posted by Economic Confidential at 12:02 PM 0 comments

Recession Bites Harder as Inflation Jumps to 17.1%, GDP drops to -2.06%

Latest on the Economic Confidential
 
Recession Bites Harder as Inflation Jumps to 17.1%, GDP drops to -2.06%
https://economicconfidential.com/2016/08/recession-bites-harder-inflation-jumps-17-1/
 
FG to Set Up Technology Hubs in 8 Geo-Political Zones
Read: https://economicconfidential.com/2016/08/fg-set-technology-hubs-8-geo-political-zones/
 
Zuckerberg: Facebook CEO in Nigeria, Excited About Technology Drive
Read: https://economicconfidential.com/2016/08/zuckerberg-facebook-ceo-nigeria-excited-technology-drive/
 
N2.2tr Oil Loan Upset Banks
Read: https://economicconfidential.com/2016/08/n2-2tr-oil-loan-upset-banks/
 
We Can't Fix The Economy Overnight – APC
Read: https://economicconfidential.com/2016/08/cant-fix-economy-overnight-apc/
 
Pension Funds in Nigeria Hit N5.8 trillion
Read: https://economicconfidential.com/2016/08/pension-funds-hit-n5-8trn/
 
EFCC to Prosecute Firms Not Remitting Pensions
Read: https://economicconfidential.com/2016/08/efcc-prosecute-firms-not-remitting-pensions/
 
Elumelu Tasks Nation's Policy Makers on Poverty Reduction
Read: https://economicconfidential.com/2016/08/elumelu-tasks-nations-policy-makers-poverty-reduction/
 
Adesina Warns Nigeria, Others on Foreign Debt
Read: https://economicconfidential.com/2016/08/adesina-warns-nigeria-others-on-foreign-debt/
 
Business and Human Rights Conference for Sub-Saharan Africa
 
 
For more visit:

posted by Economic Confidential at 12:02 PM 0 comments

Tuesday, August 30, 2016

[News Update] CBN Licences 11 Money Transfer Operators as Nigeria Discovers Grade Nickel

 

Latest from the Economic Confidential
 
IMTOs: CBN Licenses 11 New Money Transfer Operators
 
PenCom Targets N2.3trn for Investment on Infrastructure by 2019
 
High Grade Nickel Discovered in Nigeria
 
Nigeria Economy Got $15bn, Spent $6bn on Import in 3 months
 
Telecoms Operators Spend N638bn on Bandwidth Importation
 
NNPC to Provide CSR in FCT
 
We've Spent over N4.5bn in North East — Dangote
 
For more visit

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Posted by: Economic Confidential <editor@economicconfidential.com>
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posted by Economic Confidential at 12:05 PM 0 comments

Monday, August 29, 2016

[News Update] Landslide Threatens $3.2bn Mambilla Hydro-Power as Nigeria Loses N1.1tr to NigerDElta Militant

 

Latest on the Economic Confidential
 
Landslide May Stall $3.2bn Mambilla Hydro-Power Project, the largest in Nigeria
 
Nigerians Groan as Africa's Largest Economy Battles Recession
 
Eliminate Subsidies, Fix Power to Grow Economy, Sanusi Urges Buhari
 
IDPs: Nigeria's Case is "Highest Category Crises"-UN
 
NigerDelta: Nigeria loses N1.1trillions to militant attacks
 
FIRS Seeks Robust Tax Law to Boost Revenue
 
Nigeria'll be Top Investment Hub by 2019, Buhari Says
 
CBN Warns Banks Against Illegal Money Transfer
 
Can Banks Readily Cough Up NNPC's $2.12bn?
 
 
More on

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Posted by: Economic Confidential <editor@economicconfidential.com>
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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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posted by Economic Confidential at 1:01 PM 0 comments

Landslide Threatens $3.2bn Mambilla Hydro-Power as Nigeria Loses N1.1tr to NigerDElta Militant

Latest on the Economic Confidential
 
Landslide May Stall $3.2bn Mambilla Hydro-Power Project, the largest in Nigeria
 
Nigerians Groan as Africa's Largest Economy Battles Recession
 
Eliminate Subsidies, Fix Power to Grow Economy, Sanusi Urges Buhari
 
IDPs: Nigeria's Case is "Highest Category Crises"-UN
 
NigerDelta: Nigeria loses N1.1trillions to militant attacks
 
FIRS Seeks Robust Tax Law to Boost Revenue
 
Nigeria'll be Top Investment Hub by 2019, Buhari Says
 
CBN Warns Banks Against Illegal Money Transfer
 
Can Banks Readily Cough Up NNPC's $2.12bn?
 
 
More on

posted by Economic Confidential at 1:01 PM 0 comments

Sunday, August 21, 2016

[News Update] Debts: FG Deducts N32bn from States' Allocations... Osun, Bayelsa 4 Others in Critical Conditions

 

Latest on the Economic Confidential

Debts: FG Deducts N32bn from States' Allocations
… Debts on Bail-Out, AMCON, Foreign Loans, Bonds, Commercial Agric
… Osun, Bayelsa, 4 other States in Critical conditions
The Economic Confidential provides details on the loans and the level of deductions for each state of the Federation in this story with tables of the Indebted States: https://economicconfidential.com/2016/08/indebted-states-nigeria-april2016/

 For more on economic updates visit

__._,_.___
Posted by: Economic Confidential <editor@economicconfidential.com>
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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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posted by Economic Confidential at 12:03 PM 0 comments

Debts: FG Deducts N32bn from States' Allocations... Osun, Bayelsa 4 Others in Critical Conditions

Latest on the Economic Confidential

Debts: FG Deducts N32bn from States' Allocations
… Debts on Bail-Out, AMCON, Foreign Loans, Bonds, Commercial Agric
… Osun, Bayelsa, 4 other States in Critical conditions
The Economic Confidential provides details on the loans and the level of deductions for each state of the Federation in this story with tables of the Indebted States: https://economicconfidential.com/2016/08/indebted-states-nigeria-april2016/

 For more on economic updates visit

posted by Economic Confidential at 12:03 PM 0 comments

Thursday, August 18, 2016

[News Update] How FG, States, LGCs, Others Shared N691bn in July 2016

 

Latest on the Economic Confidential, the Economic Intelligence Magazine
 
FAAC Table: The Full Breakdown on How FG, States, LGCs, Others Share N691bn in July 2016
 
NEXIM, AFREXIM Bank to Revamp Nigeria's Cocoa Sector
 
Finally, Lagos is now Oil Producing State with Four Oil Wells
 
Skye Bank not Distressed, CBN Insists
 
FG Borrows N110bn Through Bonds
 
United States Oil Import from Nigeria Drops to 4.7mb
 
Electricity Firms Face Fresh Financing Hurdles
 
Power: Price of Gas Rises by 60%
 
FG Orders Massive Importation of Kerosene- Marketers
 
FG Releases N9.8bn to Fight Polio in N'East
 
Nigerian Banks Can't fund Mining Projects – Ex-NMC MD
 
UBEC Funds: 28 States Yet to Gain Access
 
Niger Delta Avengers Disown Contact Group, Says No Negotiation with FG
 
 
For more visit

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Posted by: Economic Confidential <editor@economicconfidential.com>
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Have you tried the highest rated email app?
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posted by Economic Confidential at 12:53 PM 0 comments

How FG, States, LGCs, Others Shared N691bn in July 2016

Latest on the Economic Confidential, the Economic Intelligence Magazine
 
FAAC Table: The Full Breakdown on How FG, States, LGCs, Others Share N691bn in July 2016
 
NEXIM, AFREXIM Bank to Revamp Nigeria's Cocoa Sector
 
Finally, Lagos is now Oil Producing State with Four Oil Wells
 
Skye Bank not Distressed, CBN Insists
 
FG Borrows N110bn Through Bonds
 
United States Oil Import from Nigeria Drops to 4.7mb
 
Electricity Firms Face Fresh Financing Hurdles
 
Power: Price of Gas Rises by 60%
 
FG Orders Massive Importation of Kerosene- Marketers
 
FG Releases N9.8bn to Fight Polio in N'East
 
Nigerian Banks Can't fund Mining Projects – Ex-NMC MD
 
UBEC Funds: 28 States Yet to Gain Access
 
Niger Delta Avengers Disown Contact Group, Says No Negotiation with FG
 
 
For more visit

posted by Economic Confidential at 12:53 PM 0 comments

Tuesday, August 16, 2016

[News Update] NNPC to Commence Oil Exploration in Benue, CBN Increases Dollar Sales top BDCs

 

Latest on the Economic Confidential, the Economic Intelligence Magazine
 
NNPC to commence Oil Exploration in Benue Trough
 
CBN increases dollar sale to BDCs, Special Fund for Agriculture and Manufacturing
Read: https://economicconfidential.com/2016/08/cbn-increases-dollar-bdcs-fund-agric/
 
NDIC Charges Jaiz Bank to Uphold Good Corporate Governance
 
Nigeria Will Need Extra 900,000b/d to Recover Oil Lost to attacks by Niger-Delta Militants
 
Again FG Promise to employ 100,000 youths as extension workers to help farmers
 
Globalcom Comes First in NCC Rating of Telecoms Firms in Data Subscription
Read: https://economicconfidential.com/2016/08/ncc-rates-telecoms-firms-data-subscription/
 
Ambitious SunTrust Bank Commences Operations
 
A group of Foreign Investors Release $14bn for Projects to speed up the economic revival of Nigeria.
 
Mixed Feelings as Recession Bites Harder after three straight quarters of negative growth.

 
FEATURES/OPINION

Maikanti Baru: Repositioning the Energy Behemoth for Profitability
 
FG's Deaf Ear on Kerosene Policy as the Commodity become scarce and unaffordable
 
Assessing CBN's Economic Diversification Strategy
 
Assessing Buhari's Anti-Graft War
 
Between Nigerian Economy and Progressive Economic Policy
 
Africa's Capacity for Climate Risk Response
 
The Beauty of Sticking by the Rules
 
Goodluck Jonathan: From Worst President to Best Ex-President
 
Genetically Modified Organisms: To be or not to be for Nigerian consumers?
 
2016 Partial Budget Implementation and its Implications
 
For more visit:

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Posted by: Economic Confidential <editor@economicconfidential.com>
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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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posted by Economic Confidential at 12:21 PM 0 comments