The National Bureau of Statistics (NBS) on Monday restated that the country was out of recession. The Head of Public Affairs and International Relations Unit, Sunday Ichedi, said this in a statement in Abuja. Mr […]
One of the more interesting lines in our domestic conversation, today, is the argument that “everything is now political, and will remain so for some time yet”. The general elections scheduled for February next year […]
Speaking in an interview after his arrival, President Muhammadu Buhari said he was going to jail more of the thieves that brought economic problems to the country. He said, “I think this is being expected […]
It is remarkable that the Central Bank of Nigeria (CBN) has recognised that it is not just enough for it to sign a currency swap agreement with its counterpart, the Peoples Bank of China. There […]
Some years ago, I was at the Nnamdi Azikiwe University, Awka, Anambra state, for a public lecture. An obviously popular lecturer was invited to the podium to make his contributions. Students went gaga, screaming his […]
People living in Lagos, Nigeria’s economic capital, are inhabiting the third worst city for humans to live in the world. This is according to the newly released ranking of the 2018 Global Liveability Index released […]
Nigeria’s economic diversification initiative has been more about political pronouncements than real efforts to not only broaden the base of the country’s resources, but raise the volume of output and revenue. of course, diversification has […]
…NACCIMA reiterates its support for the African Continental Free Trade Agreement (AfCFTA) and emphasises that Nigeria cannot afford to lose out in the opportunities inherent in a common African market. This also underscores the saying […]
Despite identifying the need for the banking system to accelerate credit growth to the economy, the Monetary Policy Committee at its May 2018 meeting waffled on reducing the monetary policy rate as it settled for […]
In order to make indigenous airlines viable, the Federal Government on Tuesday announced that it had commenced moves that would compel any public servant travelling on a ticket bought with public funds to travel on […]
…from the stories narrated above, our backend is where the problem is. Compared to Ethiopia and some other countries that we wish to benchmark, Nigerians have not shown the beginning of any capacity to provide […]
Nigeria’s hope of attaining 30 per cent broadband penetration by the end of this year is under threat. Based on the timeline of the National Broadband Plan (NBP) 2013-2018, 3G connectivity is supposed to have […]
By 1985, Nigeria’s total external debt had hit US$19bn and the country was faced with a massive problem though the military politicians at the time refused to or could not see it. Between 1985 and […]
The role of women in enhancing development has been widely acknowledged globally among development economists and policy makers. At the family level, women are known to be very good managers of their households – catering […]
At a time when concerted efforts by governments around the world have seen extreme poverty taking a tumble, Nigeria has taken on the dubious distinction of succeeding India as home to the highest number of […]
The 2018 Appropriation Act fixed the naira exchange rate (AAR) of N305/US$1 (the same as in 2017) and raised the benchmark oil price to $50.50/barrel from the initially proposed $45/barrel. Other things being equal, the […]
The recovery of the Nigerian economy from recession has been widely celebrated by the Muhammadu Buhari administration. A recovery occurs when an economy strengthens after a period of recession and in such a situation, various […]
Festus Adebayo, a real estate expert, has advised the federal government to invest in housing sector which he says is the new way to shore up the economy. Speaking with journalists on Monday, Adebayo said […]
The Brookings Institution recently published a grim report that indicated Nigeria has leapfrogged India to become the country with the highest number of people in extreme poverty and the de facto poverty capital of the […]
A country is known by the money it keeps. Healthy money and a healthy economy as rule go hand in hand.” Federal Reserve Bank of New York, VANGUARD BOOK OF QUOTATIONS, VBQ p 163. If […]
Copyright © 2026 | MH Magazine WordPress Theme by MH Themes
