You should have seen me shaking my head in self-pity, as if somebody had just mercilessly slapped me. I had just landed at the “little” Kotoka International Airport, Accra, Ghana, and needed to use the […]
Economic Renaissance by Henry Boyo lesleba@lesleba.com 08052201997 Last month, the International Monetary Fund’s Resident Representative for Nigeria, Amine Mati, expressed concern, at a Spring meeting held in Washington DC, over Nigeria’s capacity to sustain a […]
Today, the Financial Times convenes in Lagos a Nigeria Summit under the theme “Dispelling Uncertainty and Building Resilience.” This summit comes two days after the third anniversary of the current federal government and offers an […]
The fundamental reason that unions embark on strike is to show their displeasure about a particular circumstance or situation that they are passing through. The end result of the strike is usually to effect a […]
The growing anxiety over the 2019 general elections appears to be having serious effects on the economy. No doubt, whatever happens in the political arena is bound to affect the market positively or negatively. Politicians […]
Even as the Nigerian economy is struggling to maintain stability after managing a recovery last year from one of the worst recessions in its history, Nigeria appears to be sitting on a tinderbox that could […]
The 53rd Annual Meetings of the African Development Bank opened in Busan, Korea, on Monday with a call on African Governments to create the right environment for the private sector to lead the continent’s industrial […]
President Muhammadu Buhari on Tuesday said those who mismanaged Nigeria’s economy in the past, through fraudulent electricity projects and misuse of revenue earnings from oil, had no love for the country. The president stated this […]
The Lagos State Government on Monday said that it has so far achieved an average monthly Internally Generated Revenue (IGR) of N34billion in 2018 compared to monthly averages of the last three years. Commissioner for […]
Mohammed bin Rashid Al Maktoum, prime minister of the United Arab Emirates, says foreign investors can now get 100 percent ownership of businesses in the country. In a tweet on Sunday, Al Maktoum said the […]
Data made available by the National Bureau of Statistics shows that Abuja has displaced Lagos as the city with the largest inflow of foreign capital. In its report, Capital Importation (Q1), the NBS said Abuja […]
Since Nigeria’s Independence from British Colonial rule in 1960 to date, the number of enterprises that have wobbled and ultimately foundered, make an infamous list too long to enumerate. State sponsored and privately commissioned businesses […]
The senate says the report on the 2018 budget will be considered and passed on May 16, 2018 — six months after it was presented by President Muhammadu Buhari. Aliyu Sabi Abdullahi, senate spokesman, made […]
The Central Bank of Nigeria (CBN) the other day released its Credit Conditions Survey Report (CCSR) for the first quarter (Q1) of 2018. Arising from the CCSR are some issues of interest. The first is […]
The Federal Inland Revenue Service (FIRS) says incidences of multiple taxation will soon end because it has started harmonising taxes to be paid. NAN reports that Babatunde Fowler, executive chairman of FIRS, announced this on […]
I was a guest at a Lagos-based TV station’s morning breakfast show the other day to discuss issues that bordered on the current level of Nigeria’s foreign reserves at $47bn. The Central Bank of Nigeria […]
President Muhammadu Buhari and his United States counterpart, Donald Trump, held a joint press conference in Washington D.C. today, addressing issues concerning the two countries. The US President frowned at the killing of Christians and Muslims […]
At home, President Muhammadu Buhari seizes every opportunity of his irregular public appearances to harp on Nigeria’s dwindling oil revenues. At some point in 2016, he recalled how crude prices suddenly dived when he assumed […]
The Central Bank of Nigeria says the daily limit of funds transfer from mobile phones using short codes will now be N100,000. In a circular released on Thursday and signed by Dipo Fatokun, director, banking […]
The Nigeria Labour Congress (NLC) has insisted that no wage in the country must go below N66, 000 per month. Speaking yesterday in Abuja at a public hearing on new minimum wage, Chairman of Congress, […]
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