According to a recent report by the International Monetary Fund, Nigeria has regained the title of Africa’s biggest economy a few months after the country lost the prime position to South Africa. The IMF’s World […]
An objective evaluation and analysis of Nigeria’s economic collapse points directly to President Muhammadu Buhari and his unprecedented inaction and monumental blunder in failing to appoint his ministers and form a government until 6 months […]
The naira tumbled to 470 against the United States dollar on Wednesday, down from 455 on Tuesday as fresh dollar shortage hit the official and parallel foreign exchange markets. The local currency has been relatively […]
The current recession rocking the Nigerian economy has hit one of the biggest employers of labour in the country outside of the government as the Dangote Group, belonging to Africa’s richest man, Aliko Dangote, has […]
For years, the Treasury Single Account (TSA) existed only in the history books. But in September, last year, the Federal Government mustered the political will to fully implements the controversial policy. The TSA has made […]
we cannot be certain whether Nigerians should celebrate or decry the recent decision by the Central Bank of Nigeria to reduce the existing annual limit on naira debit cards used abroad, from $150,000 to $50,000 […]
“Investors from all over the world are falling over themselves to come and do business in Nigeria”, said President Muhammadu Buhari in his recent National Day address to Nigerians. I know this to be true. […]
THE professor was urged to drop the electronic device so that the process would be manipulated without success. Our vaults were emptied to buy votes but those sent kept the money in their underground wells. […]
The foreign exchange crisis hitting the economy has assumed a new dimension with Deposit Money Banks announcing the suspension of overseas Automated Teller Machine card services and online transactions denominated in foreign currencies, OYETUNJI ABIOYE […]
There has been a great deal of discourse in recent weeks, regarding whether or not the sale of assets is a viable and appropriate option at this time for Nigeria. In my view, the sale […]
The managers of Nigeria’s economy should look for ways also to increase national income while reducing expenditure. Recession presents a period of holistic review of economic and management principles and practices through deep brainstorming. It […]
The Federal Government, Monday, disclosed that the country would not attain the much needed economic growth and development without a strong foundation and emphasis on made in Nigeria goods and services. Speaking at the ongoing […]
Prof. Adeola Adenikinju, Director, Centre for Petroleum, Energy Economics and Law, University of Ibadan No model can readily project what the price of crude oil will be. Over the years, the price of oil has […]
I never could consider that those families who were wealthy were not just lucky or fortunate. I was never told that people who control real wealth were first wealthy in their minds. Even those who […]
The Presidency appears to have passed a vote of confidence on the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, following the moves by some members of the House of Representatives to […]
The naira is expected to stabilise on the parallel market after international money transfer agencies started selling dollars to Bureau De Change operators in line with the Central Bank of Nigeria directive.
…the president should take charge of the process, not just because his position confers on him the responsibility to do so, but because his political mandate, secured on the platform of transparency and accountability, stands […]
If the current All Progressives Congress regime is thinking in the direction of borrowing from the pension fund for capital expenditure, not recurrent expenditure, it would be one of the wisest decisions in bridging the […]
The National Assembly has passed a motion to invite President Muhammadu Buhari to address the legislature on efforts being made by his administration to resolve the current economic recession. The Senate, on Thursday, passed the […]
The Vice President and Treasurer of the World Bank, Arunma Oteh on Thursday disclosed that less than 20 per cent, which is approximately 1.6 billion Muslim population across the world have access to financial services. According […]
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