Lagos State Governor, Akinwunmi Ambode has called on auditors to always ensure that the rules and standards of the profession are observed in order to promote sound financial institutions that support and facilitate economic recovery. […]
When scarce supplies are met with limitless demands, allocation of resources in the most judicious ways are employed to ensure prices don’t spiral out of control. While in the long-term, demands are either managed or […]
THE long-drawn battle between the former governor of Edo State, Adams Oshiomhole, and the former governor of the Central Bank of Nigeria, CBN, Professor Charles Soludo, was rekindled at the Vanguard Economic Discourse held in […]
For decades bad policy decisions have bedevilled development in Nigeria and fuelled corruption. We have tended to go for populist solutions and ignored the long term impact of such decisions on the economy. The recent […]
This government has already built a solid reputation as the slowest government in Nigerian history. If it took 20 out of the available 48 months to develop the Plan, I wonder when the gear will […]
Nigeria’s GDP performance improved slightly in the 4th quarter of 2016, and showed us a route to recovery. The current recession has affected all of us. But the root causes of it are deep, and […]
By Emeka Anaeto, Business Editor; Victor Ahiuma-Young, Sebastine Obasi, Peter Egwuatu & Ediri Ejoor LAGOS—Some of Nigeria’s finest will gathered today at Vanguard Economic Discourse to proffer solutions to the nation’s economic problem, especially in […]
Doyin Okupe, former aide of ex-President Goodluck Jonathan, has advised Acting President Yemi Osinbajo to wholly adopt a crude-oil-swap arrangement to conserve foreign exchange. Crude-oil-swap was an arrangement in which the government exchange crude oil […]
Udoma Udoma, minister of budget and national planning, says the federal government is anxious to have the 2017 budget passed so as to begin the process of getting the economy out of recession. Speaking with […]
Since Nigeria was confirmed to have slipped into a recession in August 2016, Nigerians, investors from across the world, the World Bank and International Monetary Fund (IMF) have been waiting on the Muhammadu Buhari government […]
While running for president in 2007, former President Umar Yar’Adua looked clearly weak. But former President Olusegun Obasanjo, who tapped Mr. Yar’Adua to succeed him, said he threw his support behind the late president because […]
Nigeria has finally launched the long-awaited Economic Recovery and Growth Plan, a medium-term plan for 2017-2020, broadly targeting restoration of growth, human development and globally competitive economy, in efforts to combat current economic crisis and […]
Foreign investors are still staying on the sidelines, waiting for the naira to float freely, as the latest foreign exchange policy of the Central Bank of Nigeria has failed to restore confidence, ‘FEMI ASU writes […]
On a recent morning, a well-dressed woman walked into an eatery behind Unique Garden, Wuse Zone 2 in Abuja, and sat uninvited next to two men waiting for meals. Wearing a smile, the woman, in […]
In continuation of its intervention in the foreign exchange market aimed strengthening the Naira against other international currencies, the Central Bank of Nigeria, CBN, plans to inject another $350 million to the market this weekend. […]
The Central Bank of Nigeria (CBN) believes the naira is under speculative attack. So, it wants to run these speculators out of town. Unfortunately, this could be an uphill task for the apex bank. More […]
…what is wrong with the naira is what is wrong with Nigeria itself. It is quite fundamental and predates most of the leaders that we like to blame for it. However all our leaders, without […]
The Naira on Friday depreciated against the dollar at the parallel market after posting days of appreciation. The nation’s currency lost N7 to exchange at N465 to a dollar after closing at N458 on Thursday, […]
Britain’s Prime Minister Theresa May on Friday said there was no economic case for breaking up the United Kingdom, in a speech attacking Scottish nationalists for being “obsessed” with independence. Since 2016 Brexit vote, Scottish […]
The Presidency on Thursday replied the former Central Bank of Nigeria, CBN, Chukwuma Soludo, who accused the Buhari administration of worsening the state of Nigeria’s economy since it took over almost two years ago. Mr. […]
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