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FG Reforms: Tinubu Appoints Board Chairmen for 43 Federal Agencies, Parastatals   President Bola Tinubu has made key appointments, naming board chairpersons for 43 federal agencies and parastatals, as well as a secretary to the board of the Civil Defence, Immigration, and Prisons Services. The President, according to a statement issued yesterday by his Adviser […] The post FG Reforms: Tinubu Appoints Board Chairmen for 43 Federal Agencies…Read More

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Steel Ministry Refutes Claims of Budget Mismanagement   The Ministry of Steel Development’s Permanent Secretary, Dr. Chris Isokpunwa, has vehemently denied allegations of budget irregularities in the ministry’s 2024 budget implementation. In a statement on Friday, Isokpunwa addressed the claims of “ghost projects” and procurement irregularities, clarifying that the ministry has not had sufficient funds […] The post Steel Ministry Refutes Claims of Budget Mismanagement appeared first on Economic Confidential…Read More

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CBN Survey Reveals Optimistic Outlook for Naira in 2025   According to the Central Bank of Nigeria’s (CBN) December 2024 Business Expectations Survey (BES), a significant majority of respondent businesses expressed a positive outlook on the nation’s macroeconomic prospects, indicating a growing sense of optimism among Nigerian firms…Read More

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Telcos’ Operating Costs Skyrocket by 50.92% – NCC   Nigeria’s telecommunications sector faced significant financial strain in 2023, with operating costs for telecom companies skyrocketing by 50.92%. This substantial increase underscores the industry’s struggles to maintain network operations amidst soaring inflation and a depreciating currency, which have collectively exerted considerable pressure on the sector…Read More

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