Taking on “Economic Confidential”
A brainchild of seasoned journalists and writers who have watched and reported the local economic and financial scene for years, the Economic Confidential is more in tune with our editorial slant and perspective as well as current trends, which generally tilt towards mass subscription & online publishing Read more...
The Economic and Financial Crimes Commission, EFCC has told an FCT high court in Abuja how a fake official of the anti-graft agency who was recently arrested and arraigned approached a former CEO of Oceanic International Bank Plc, Mrs Cecilia Ibru to extort two million dollars ($2million) from her.
Ibru was sacked as the CEO of Oceanic bank last year while the EFCC arraigned her on a 25 count ...
The second phase of the transformation of the Nigerian National Petroleum Corporation, NNPC, was formally flagged off with the Minister of Petroleum Resources, Dr Rilwanu Lukman, charging the management of NNPC to ensure that the agenda does not fail.
Gross summary of Statutory Revenue and VAT Allocation
From the Federation Account Allocation Committee (FAAC) in February 2010, the Economic Confidential magazine provides here the distribution of a total sum of N474 billion being the Statutory and VAT allocations shared to all tiers of government. From the total disbursement of nets after deductions, the highest recipients are from the oil producing states with Akwa Ibom receiving N12.4bn, Rivers N12.2bn, Delta N11bn, Bayelsa 5.3b The highest recipients from non-oil –producing states are Lagos N10.2bn and Kano N7.5bn.
Officials of the National Emergency Management Agency (NEMA) and Cross Rivers State Emergency Management Agency CSEMA have escaped death by the whiskers when they were attacked by some armed men numbering about 100 along the Adeng River in Ikpanya in Ibiono LGa of Akwa Ibom State.
Any moment from now the acting President of Nigeria and Commander-in-Chief, Dr. Goodluck Jonathan may succumb to pressure into sacking some top military and intelligent officers from Northern Nigeria through a deliberate smear campaign on suspicious disloyalty. According to the finding of th...
Fraudster Demands $2mn from Ibru as EFCC Seals Atuche’s Assets The Economic and Financial Crimes Commission, EFCC has told an FCT high court in Abuja how a fake official of the anti-graft agency who was recently arrested and arraigned approached a former CEO of Oceanic International Bank Plc, Mrs Cecilia Ibru to extort two million dollars ($2million) from her.
Ibru was sacked as the CEO of Oceanic bank last year while the EFCC arraigned her on a 25 count...
The Finance Minister, Dr. Mansur Muhtar has inaugurated eight tax administrative tribunals to handle tax dispute in the country. The tribunals are to be situated in the six geopolitical zones of the
The Federal Ministry of Finance has expressed its full support for the ongoing banking sector reforms by the Central Bank of Nigeria (CBN) towards ensuring stability in the sector
The Board of Directors of Skye Bank Plc has appointed the Deputy Managing Director of the bank, Kehinde Durosinmi-Etti, as the Group Managing Director designate. He will succeed the incumbent Chief
