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Business & Economy

  • Of Inflation and minimum wage demands in Nigeria

    by Shafiu Ibrahim Abdullah April 12, 2011
    by Shafiu Ibrahim Abdullah

    Is the perennial agitation for minimum wage increase justifiable? This is the question many people have been asking. From an economic point of view, continuous wage increase is not justifiable. …

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  • Issues with the non-passage of the Petroleum Industry Bill, PIB

    by Bob MajiriOghene Etemiku April 6, 2011
    by Bob MajiriOghene Etemiku

    Our emphasis for now should not be on expanding oil and gas production, no. It should be on providing legislation for monies that come in from oil and gas to be …

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  • Forbes Billionaires: Dangote and Adenuga as symbols of Nigeria's growing economy

    by Emeka Chiakwelu March 21, 2011
    by Emeka Chiakwelu

    The emerging Nigerian business executives and Nigerian universities, especially the business schools, should look up and be willing to learn from the two most successful Nigerian billionaires.  Our universities must …

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  • Employers’ Greed

    by Odimegwu Onwumere February 17, 2011
    by Odimegwu Onwumere

    It is time employers focused on the integrity and pride of their employees and treat them as human beings…

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  • Sanusi's Central Bank of Nigeria raised interest rate to  6.50 percent

    by Emeka Chiakwelu February 10, 2011
    by Emeka Chiakwelu

    Rising Inflationary trend is the most persistent threat to Nigeria’s growing economy.   The Central Bank of Nigeria and its monetary policy committee voted to lift the benchmark interest rate of …

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  • Strategic significance as Chinese Yuan joins trading currencies in Nigeria

    by Emeka Chiakwelu February 5, 2011
    by Emeka Chiakwelu

    It was just a matter of time before Chinese currency Yuan will join the family of currencies traded in Nigeria’s foreign exchange market…

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  • Re: Update of Bank Account Information in Nigeria – The Plight of Nigerians Abroad

    by Akintokunbo A Adejumo January 27, 2011
    by Akintokunbo A Adejumo

    Are you now saying that failure of these Nigerians to come to Nigeria to update their bank accounts’ information will result in the suspension of their accounts with considerable sums …

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  • The True Nature of the Private Sector in Nigeria

    by Ikechukwu A. Ogu December 24, 2010
    by Ikechukwu A. Ogu

    Many ‘private sector’ outfits in Nigeria are actually owned by public officers, their relations or fronts. This creates the impression that such organisations are extensions of the public sector and …

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  • Solving Nigeria’s Despairing Power Sector Problem

    by Eferovo Igho December 23, 2010
    by Eferovo Igho

    This piece is not unmindful of the seeming improvement Goodluck Jonathan has brought to the power sector. We think it is too insignificant though. And that is apart from the …

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  • Saving Nigeria’s Economy: Sanusi In The National Assembly

    by L.Chinedu Arizona-Ogwu December 2, 2010
    by L.Chinedu Arizona-Ogwu

    It is a popular joke that a carpenter of a developed country becomes an engineer when he comes to any project in a third world country. Those statements sum-up the …

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  • Bailouts Rescues Worldwide, But How About Africa?

    by December 2, 2010
    by

    Now that greed and corruption of a few for the benefit of a few have wrought destruction of global magnitude, it is now the case that there is an onset …

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  • Nigeria and its $32 billion debt hole

    by Shafiu Ibrahim Abdullah November 22, 2010
    by Shafiu Ibrahim Abdullah

    In Nigeria, there is little that differentiate the government’s sources of revenue and expenditure from that of the elite in the helm of affairs. In fact, they are one and …

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  • One Nigerians but two prisons

    by Bob MajiriOghene Etemiku November 4, 2010
    by Bob MajiriOghene Etemiku

    Nigerians were angry that Cecilia Ibru got off as light as she did.  Over the past few months, she was vigorously pursued by the EFCC on allegations of abuse of …

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  • Nigeria in the Eyes of the World; a look into Legatum Document

    by Shola Adebowale November 1, 2010
    by Shola Adebowale

    On October 1st 2010, Nigeria celebrated her 50th independent anniversary, while the euphoria among the “high and mighty” is still at its peak, and the nostalgic feeling among average Nigerians …

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  • Desperation politics and implications for investment

    by Benjamin Tialobi October 30, 2010
    by Benjamin Tialobi

    Nigerians have in the past one month witnessed with steadily growing alarm a heightening desperation exhibited by politicians in their bid to control the country’s federal government in the next …

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  • Saving Nigeria from economic delusion

    by Benjamin Tialobi October 20, 2010
    by Benjamin Tialobi

    News that the International Monetary Fund (IMF) and World Bank have classified African economies as recording fast growth and could become growth drivers for the entire globe hit the air …

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