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Naira Falls To 497 As Dollar Demand Rises By Oyetunji Abioye

January 14, 2017 Omoniyi Osadare 0

The naira fell to 497 against the United States currency at the parallel market on Friday as dollar shortages continued to hit the market. Economic and currency experts have predicted that the naira will likely […]

Economy

China Plans Fresh $40bn Investments in Nigeria

January 12, 2017 Omoniyi Osadare 0

The Chinese Foreign Affairs Minister, Wang Yi, has disclosed plans by the Chinese government to invest up to $40b in Nigeria as part of efforts aimed at deepening relations between the two countries. The amount, […]

Economy

Is Government Doing Enough To Diversify The Economy? | Punch

January 12, 2017 Omoniyi Osadare 0

The Federal Government is trying hard to diversify the economy; but the summary is that whatever it has done and is currently doing, has yet to materialise. I am sure the results will soon show. […]

Business

Will The Stock Market Rebound In 2017? By Uchenna Uwaleke

January 11, 2017 Omoniyi Osadare 0

The Nigerian stock market performance in 2016 left little to cheer about as major indicators remained in the negative territory for much of last year reflecting the realities of a weak economy. While equities market […]

Economy

Will Reduction of Import Duties On 115 Items Improve Economy? | Punch

January 6, 2017 Omoniyi Osadare 0

The reduction will improve the economy because the items are sources of raw materials for industries. And since the government has promised that they want Nigeria to be industrialised, policies should be directed to help […]

Economy

Will Ban On Vehicle Importation Through Land Borders Help Economy?

January 5, 2017 Omoniyi Osadare 0

In my view, the ban will not help the economy. What I actually thought the government should have done before taking such an action is to reduce tariff on cars brought into the country through […]

Business

Naira May Hit 520/dollar This Year — Rewane, others

January 5, 2017 Omoniyi Osadare 0

In a bulletin containing the FDC’s economic outlook for 2017 released on Wednesday, Rewane predicted that the naira would trade at N350/dollar at the Interbank Foreign Exchange Market and depreciate to N520/$ at the parallel […]

Economy

Ayotunde Yoloye and the Future of Education in Nigeria, By Tunji Olaopa

January 4, 2017 Omoniyi Osadare 0

Ayotunde Yoloye had many policy initiatives, especially with regard to the evaluation of educational programmes and curriculum development. But the large and damning question is whether we have integrated his ideas on curriculum development, measurement […]

Economy

Recession: Surviving the Years of Lean Cows, By Olu Akanmu

January 3, 2017 Omoniyi Osadare 2

Nigeria’s recession, our own years of lean cows, is characterised by very high inflation, declining real wages and accelerating unemployment and underemployment. It manifests on businesses in three ways, which are the massive contraction of […]

Economy

What Should Government Do To Address Rise In Food Prices?

January 3, 2017 Omoniyi Osadare 0

Segun Adewumi (National President of the Nigeria Cassava Growers Association) What is required of the government is to provide an enabling environment for the agricultural industry to prosper. This is because aside the fact that […]

Economy

Nigerians Are Hungry, Mbaka Tells Buhari | TheNation

January 2, 2017 Omoniyi Osadare 0

Enugu Catholic priest Rev. Fr. Ejike Mbaka has urged President Muhammadu Buhari to ease the economic pains many Nigerians are suffering. The coordinator of the Adoration Ministry, who is famous for his fiery sermons, spoke […]

Economy

“Leave Us Alone” – Why Every MMM Participant Has Already Lost (2), By Sunday Adelaja

January 1, 2017 Omoniyi Osadare 0

Our pulpit must stop talking about miracles and breakthroughs because the message our youth are hearing is that through miracles and breakthroughs, you can get something out of nothing. What they are hearing is that […]

Economy

Topmost Global Rating Body: Nigeria’s Economy Will Improve 2017

January 1, 2017 Omoniyi Osadare 1

ONE of the world’s leading credit rating agencies, Moody’s, has cheerful news for Nigerians in 2017. It says the country’s economy and her dollar earnings are expected to improve in the new year. The US-based […]

Economy

How the USA ‘Finally’ Got Out of the Great Depression, By ‘Tope Fasua

December 31, 2016 Omoniyi Osadare 1

Back to Roosevelt. What can Nigeria learn from him? Look, Nigeria is in a war situation. We’ve always been. Economic war came after the civil war. We hit the limelight with the oil boom. We […]

Business

Leave Us Alone – Why Every MMM Participant Has Already Lost (1), By Sunday Adelaja

December 30, 2016 Omoniyi Osadare 0

The only way for Nigeria to avoid the impending collision with these consequences of the lack of virtues is to begin to raise an alarm right now. We need to begin to give our young […]

Business

Naira Among Four Worst Global Currencies in 2016 | Punch

December 30, 2016 Omoniyi Osadare 0

The naira is one of the world’s four worst performing currencies in 2016, according to a report by Bloomberg LP. The naira was said to have lost 36.68 per cent of its spot returns for […]

Business

LAKE Rice: How Ambode Saw Tomorrow, By Gbolahan Akintunde

December 29, 2016 Omoniyi Osadare 1

The success of LAKE rice is very instructive. It shows Ambode as a thinking governor who had a vision and worked towards its realisation. Governor Ambode knew that with the skyrocketing price of foreign rice […]

Economy

Why 2017 Budget Is Flawed By Odilim Enwegbara

December 27, 2016 Omoniyi Osadare 0

First, let me tell Mr. President right away that if he hopes to grow the economy out of recession in 2017, the appropriation bill submitted recently at the National Assembly is not the one to […]

Economy

Recession: Satguru Maharaji ji Seeks Price Control, Ban On Luxury Goods

December 26, 2016 Omoniyi Osadare 0

Ibadan – Satguru Maharaji ji, the founder of One Love Family sect, has called on President Muhammadu Buhari to constitute a Price Control Board in order to ameliorate the impact of the current economic recession […]

Economy

Nigerians Drown Recession Sorrows In Booze | Punch

December 25, 2016 Omoniyi Osadare 0

Bogged down by the effects of recession on critical sectors of the country’s economy, Nigerians turn to booze for succour, writes GBENGA ADENIJI The music was deafening. A crowd of alcohol drinkers in cheery discussions […]

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