Business & Economy

What Happened To Nigeria’s $20 Billion?

Nigeria is subliminally going through perilous times. Unfortunately, the factors responsible forthese conditions are dangerously explained away politically. The people are hit by mute...

Banks Are Not My Business

Whenever I see any bank and the ill-assorted characters called bankers in their foppish coats I suffer an extravagance of laughter. The Poet does not...

How Decisive Monetary Policy Is Powering Nigeria’s Economic Resilience and Growth

In an era marked by global economic volatility, few nations have demonstrated strength and foresight of Nigeria’s Central Bank and its Monetary Policy Committee...

Why the Nigerian economy cannot be growing

Is an economy with high interest rates, high inflation rates, and high unemployment rates growing? Should a highly import dependent and infrastructure deficient economy, be economy?

Nigeria's Incompetent Economic Team (2)

Before 2015, let's send the present incompetent economic team home along with their obsolete textbook development theories. In their place should be a team of vibrant goal-getters, whose mission should be expected to be in complete harmony with our economic patriotism...

Nigeria's incompetent economic team (1)

Like China before Deng's economic revolution, Nigeria today tops the world’s corruption, unemployment, and rundown economic charts. Also like China before its economic revolution, Nigeria today is littered with graveyards of innumerable policy somersaults...

North’s cornering of oil blocs

It is easy to understand that any Nigerian that knows what an oil bloc is will want one. Understandably not every Nigerian can get one. The question then is: In a country of millions, who gets the limited oil blocs that all want?

Nigerian National Petroleum Corporation: Antidotes for Some Of Its Numerous Challenges

If it is now agreed that NNPC should be privatized so that the field is left open for private participation in upstream activities in Nigeria, then caution must be exercised. Otherwise we may end up vesting economic power on few individuals which may become counter-productive...

Ending Nigeria's Annual Budget Impasse

If a team is hired to turn around a badly managed economy, but after 18 months on the job, rather than turn it around, it has made matters worse, should the team be singing its own songs of praises or should become sober for its failure?

The $67 Billion Foreign Reserves Legacy (2)

By the time the ravaging global liquidity crush, which started on Wall Street in September 2008, was over, Nigeria's own version of the financial fiasco couldn't be more dramatic. Dropping from N13.5 trillion to N4.6 trillion, the country's stock market had lost a monstrous N8.9trillion...

The $67 Billion Foreign Reserve Legacy (1)

First indictment was that former President Obasanjo left a whopping $67 billion in foreign reserves for his successors. Second indictment was that Yar'Adua and Jonathan administrations squandered that money in addition to billions of oil revenues accruing to them. Third indictment was that because of ''squandering'' of public funds, ''poor Nigerians have suffered the effects of failing health and education systems...

Don't miss

Of Off-Cue Presidential Broadcasts

Many of the people who clamored for President Buhari...

I Write To Process The World Gently – Sefi Atta In Conversation With Ike Anya (2)

"Ethnic stereotypes are absurd to me because I was raised in a part of Lagos that was unusual in the sense that almost all my friends and family had parents who were from different ethnic backgrounds..." - Sefi Atta

Understanding and Tackling Poverty-Inflicted Diseases

We can only imagine the number of Nigerians that would be spared the agony of living with preventable cancer if only they are aware of the right fruit to choose, and the herbs to chew...

Turkey's Nightmare Over Iraq

Turkey, despite its efforts to change its islamic heritage, continues to be haunted by it...

Obasanjo and Atiku should fight!

Our political stratosphere once more is awash with the expectation that because two clumsy elephants are fighting, it is either that the grass would suffer a loss or the heavens will fall...

The Man Buhari – a leader, a patriot or a separatist – who is he?

I am casting my vote for this Nigerian leaders - Buhari and Pastor Tunde Bakare. As a detribalized Nigerian, I implore those who would want true federalism in this country to vote Buhari...

An Open Letter to my Ijaw Kinsmen and Women

How do these peddlers of secession position the Ijaw with regard to the plight of the black person not only in Nigeria, but on the African continent? If they are only about what we could do with the oil in our backyard, should we not be suspicious of their claims of altruism?

Ambassador John Campbell’s Doomsday Prophecy

Reading Mr Campbell’s essay, you can’t help but sympathise with Mr. Segun Aganga, Nigeria’s new Minister of Trade and Investment as his job has just been made much more challenging as he begins a mighty task of convincing foreign investors to come to Nigeria...

Sowing the Seeds of Discord without Mindfulness!

Here we go again on zukerville! The serial cyborgs...

Jonathan Goodluck and Dame Patience Goodluck-Jonathan: Mirror Images of the Nigerian Quandary

Virtually all aspirants have alleged Jonathan to be ruling and heading a government of corrupt persons. Although these aspirants are merely saying what prevails in the minds of most Nigerians, the PDP is saddened that Buhari, a leading Presidential aspirant in the ongoing democratic dispensation is favoured by the electorates because he is seen as an incorruptible person...