THE alarm sounded recently by the Central Bank of Nigeria on the economy effectively poured cold water on earlier optimism that the country was poised to emerge from recession to significant growth. Like the apex […]
The International Monetary Fund concluded its review of Nigeria’s economic policies, in line with its Article IV Consultations, by July 30, 2017, and warned that although Nigeria’s economy might just grow marginally this year, the […]
Compared with today’s affluent, much of mankind may be poorer. But against yesterday’s upper classes, a few of today’s poor are relatively well off. Our task as managers of economic spaces may, thus, not be […]
Godwin Emefiele, governor of Central Bank of Nigeria (CBN), on Saturday said Nigeria missed the opportunity of being a great economy when it saw oil and abandoned agriculture. Speaking while delivering a lecture at the […]
Across the economy, ripe, low-hanging fruits like these abound. Our task is to find a government that can spot them, and knows what to do with them. In a sense, this may be the only […]
There is a need to get our priorities right. The major pre-occupation of the agriculture ministry at this time should be how to improve productivity in agriculture. The sector is still largely dominated by smallholder […]
Some Etisalat employees have begun seeking job opportunities in rival telecommunications companies after Hakeem Belo-Osagie resigned as its chairman on Friday, SUNDAY PUNCH has gathered. A reliable source at Etisalat told our correspondent on Saturday […]
THE Debt Management Office’s recent statement about the nation’s indebtedness to both local and foreign creditors is both alarming and bewildering. According to the DMO, the nation’s debt leaped from N12.06 trillion in March 2015 […]
Nigerians are all talking about restructuring. Now, that is funny. There are two types of Nigerians: those in government and those awaiting their turn in government. Forget all the talk about the size and potential […]
This week — precisely from the 29th of June — Nigeria will start exporting yams to the UK and America. The government is targeting an annual income of $8 billion from this commodity. Actually, with […]
The Central Bank of Nigeria (CBN) on Friday, allocated the total sum of $240 million to the Retail Secondary Market Intervention Sales (SMIS) for spot and forward deals. The dollars were offered for the last […]
Once again, Nigeria is on a binge borrowing to another national debt crisis. According to the Debt Management Office, Nigeria’s total debt stock increased to $62.87 billion (N19.15 trillion) at the end of first quarter […]
The United Nations (UN) says Nigeria is set to overtake the US in population by 2050. The current population of US is over 322 million, while Nigeria has more than 180 million. The agency also […]
To get out of recession and return to the path of economic growth, both Nigeria and South Africa will have to implement key reforms in departure from the archaic and unprofitable way of running government. […]
The Nigerian state is struggling to survive the realities of a failing economy. The Niger Delta, Nigeria’s oil hub and the region that accounts for 99% of Nigeria’s crude oil, will continue to be shortchanged. […]
It is my privilege and honour to give the give the keynote speech at the maiden edition of CKN News Annual Lecture which thematic focus requires us to reflect on the role of the social […]
At first, clawing Nigerian economy out from recession ditch was thought to be not only a Herculean task,but one that couldn’t be achieved so fast. But at the rate at which the Naira/dollar exchange rate […]
Femi Adesina, special adviser on media and publicity to President Muhammadu Buhari, says Nigerians should be grateful that the current administration is pulling the country out of economic recession after “just one year”. In an […]
The National Bureau of Statistics (NBS) said the unemployment rate in the country rose from 13.9 per cent in the 3rd quarter to 14.2 per cent in the 4th quarter of 2016. The NBS made […]
President Muhammadu Buhari was elected on a promise of increased transparency and accountability. However, the details of all statutory transfers are still secret two years into the life of the administration. The only one that […]
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