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Since assuming office as Governor of the Central Bank of Nigeria (CBN) on September 22nd, 2023, Olayemi Cardoso has spearheaded landmark reforms that have...
Nigeria is subliminally going through perilous times. Unfortunately, the factors responsible forthese conditions are dangerously explained away politically. The people are hit by mute...
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...
It all started with the race to consolidation. An ultimate challenge to their very survival, the N25 billion consolidation turned banking into a fraud Ponzi scheme. Not even the Investment and Securities Act of 1999 could stop banks from gambling with depositors’ funds in the capital market...
Aliko Dangote, the richest African capitalist is on a move and it is no surprise to global market observers and analysts that he is strategizing to list his $11 billion Dangote cement on London stock Market...
Having borrowed heavily to meet shortfalls in government tax revenue and bloated social spending, it came to the point the US economy could no longer continue to attract foreign money to finance government deficits without raising interest rates...
Nigeria during her exit from 2006 Paris Club of Creditors was granted a mere 18 percent write down for the $36 billion she owned to mostly European creditors...
On the report issued by IMF after its consultation with Nigeria, in which the country's macroeconomic well-being and stability were reviewed, IMF's report was cautiously optimistic, emphasizing progress not stability...
According to the Domestic Macroeconomic and Financial Developments issued by Sanusi's Central Bank of Nigeria, the "real Gross Domestic Product (GDP) grew by 8.68 per cent in the fourth quarter of 2011, up from 6.64, 7.72, and 7.40 per cent in the 1st, 2nd and 3rd quarters respectively...
As one of the fastest growing economies on the continent, Nigeria a needs stable atmosphere to continue with its higher economic growth rate and for it to achieve its vision 2020:20 targets...
Even politics, religion, science, economics and governments, often misunderstand the nomenclatures which differentiate religion and other discipline from the ideals of God...
Agbani has become Nigeria's ambassador of shame. She needs to be rescued before greater desperation drives her into more heinous acts. Somebody should, also, please walk across to her parents and talk some sense into them...
Before David Bonaventure Alechenu Mark emerged the senate president of the federal Republic of Nigeria barely a week today, there had been controversies that trailed him in his homeland of Idoma in Benue State...
Unfortunately for us in Africa, we do not value knowledge. We consume rather than produce. We buy rather than sell. We receive rather than give the reason for our poverty level. Poverty is a mentality; it is a state of the heart...
Despite some progress by the government of ex-president Olusegun Obasanjo in fighting corruption and improving the economy, Nigerians are deeply disappointed with how the country has turned out...
Home is where you go to feel safe from the marauders. Home is where you go when the whole world is against you. For the Niger Delta to continue to be home, all the groups must look beyond the atrocities that were committed in the past and look to the future...
I plunder national resources. I embellish the treachery of my people with a well-trimmed moustache and cute face, fluent English, and a command of aristocracy. And I alter societal thinking and national orientation forever...
It is a mere wishful thinking to suggest that the economy will improve on fiscal measures alone, and overnight when other factors are not considered and put in proper perspective...
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