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...

Nigeria's Dangerously Rising Foreign Investment

Given how long-term growth prospects and macroeconomic sustainability are interwoven, securing the financial sector's soundness in the economy should never happen in isolation...

Why Democratizing CBN is Long Overdue

The havoc the 2008 financial crisis brought to Nigeria would have been minimal, had it not been that the breakdown in CBN's oversight and surveillance system allowed the country's banks to engage in Ponzi schemes...

Amaechi’s Ruthless Tax

It is good for the residents of a given society to pay their taxes, but the authorities concerned with the management of the people must make sure that the people’s taxes are promptly and judiciously utilized...

Nigeria's 2013 Fiscal Austerity Budget (1)

Streamlining our unheard-of 541 agencies and departments, especially with many just duplication, should be done immediately. It's time to implement the white paper on the Ahmed Joda Panel Reported on the Review, Harmonization and Agencies lost in the archives since 2000...

'Reckless borrowing that eventually stagnate the economy'

Increasingly loading the country with huge unproductive debts, sooner rather than later, ours will become a junk economy. The danger with the debt-trap is that as soon as a nation is inside, it becomes much easier for a camel to pass through the eye of a needle...

Nigeria's 2013 Fiscal Austerity Budget (3)

Should a nation as vastly endowed with oil wealth as Nigeria continue using lanterns and candles in powering its development, or remain in darkness when it should have used a fraction of its 40 billion barrels of oil reserves...

Nigeria's 2013 Fiscal Austerity Budget (2)

The question everyone seems to be asking endlessly is: how could Brazil have risen so fast it is not only beating Britain as the world's sixth largest economy, but also about beating France as the world's fifth largest economy before the end of 2012?

Why the N5000 Note is Long Overdue

Because Nigerians have no culture of carrying coins, CBN's idea of temporarily allowing N5, N10, and N20 notes and coins to circulate side-by-side should be made permanent. This is because in increasingly modern economy like ours, both the note and coin have specific roles in aiding financial transactions...

Don't miss

A Little, Humble Tribute to Late Chief Segun Okeowo

We fought running battles with the Mobile Police stationed outside the gates of the University. Throughout the over a week that we boycotted classes, throwing stones and taunting the “godo-godos”, as we called the ferocious mobile, anti-riot policemen, not once did they enter the University...

Are Igbos Full Or Half Nigerians?

The recent appointment of Okiro as the new IG is a reflection of how the Nigerian state regards the Igbos...

Ronald Reagan: An Introspective

He may have acted in true spirit in some cases, but in most others, his actions were questionable. To be called greatest, is to be impeccable in some specific ways and I don’t exactly see that in Reagan...

Presidential Debate: Please may 2008 Obama stand up

Mr. President, say your prayers and drink lots of water to calm your nerves; Paul Ryan is a testament to that...

St. Valentine: Between Valerie and Valentine

St. Valentine's Day occasion has not only meant the celebration of carnal love but death and blood has been drawn and associated with the 'Valentinic' love day…

Nigeria And The Multinationals’ Intention: Oil Interest Or Social Influence?

Political will includes both a will to exercise self restraint and willingness to take politically risky decisions. Leaders are important for their value as role model. Especially in hero-worshiping cultures like Nigeria’s...

Food waste threatens the Environment

Almost everybody is crying of hunger in this country in recent times. Hardly is anyone thinking about the quantity of food that is being wasted everyday. This practice is becoming a threat to the environment...

Nigerian Youths and National Development

I was at my alma mater – Federal Government College, Idoani, Ondo State - to grace the 30th anniversary of the institution. Haunted by the memories of the hey days of traumatic boarding school experience, I set on to idoani...

Oprah’s Campaign of Calumny Against Nigeria

Sadly and painfully, it has come to pass that our daughter, the highly achieved and accomplished Oprah Winfrey, has chosen to add her high profile voice to the campaign of calumny against Nigerians and invariably, Nigeria...

Onyeka Nwelue: The Abyssinian Boy Comes Of Age

"I haven't tasted any fame at all. Nothing like that. I am still like our agberos in Lagos, hassling to leap into that Molue bus going to Orile from Oshodi. I haven't. You can only say that when you come to my village. O yeah! They value me so much. There are no two ways about it. They say I am their Wole Soyinka..." - Onyeka Nwelue