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...

Dangote Cement listing on London Stock Market is not necessary

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...

How AMCON saved our banks from global financial fiasco (I)

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's inflation rate at 11.9% and CBN retains interest rate at 12%

The impact of the fuel subsidy removal which contracts disposable income with the rising price of the food and fuel products is a reality...

Greece 53.5% Debt Write-down: Nigeria and Africa can do better

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...

Nigeria: IMF, SP Reports acknowledge progress not stability

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...

Nigeria's Economic growth and Statistics: Interest Rate, Real GDP, Employment and Inflation

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...

Foreign Investors and Nigeria's High Security Risk

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...

SMEs’ fortune in zero-subsidy regime

The socio-economic aftereffects of the recent controversial removal of subsidy on petrol by the Federal Government of Nigeria have begun to manifest negatively, particularly in the observed lull in the day-to-day activities of many Small and Medium Enterprises...

Don't miss

Nigeria: Towards a Perfect Union

Those of us living today, not those living in the 1900s, have to decide which kind of union we wish to live in. We are responsible for the kind of future we leave for our children...

Congratulations to Abati’s Daughter and Family

It is heartwarming to celebrate and congratulate Dr Reuben...

Billionaire House Helps

It’s become settled practice: every four years, INEC puts together an obscenely expensive show called “elections.” But the point of the bazaar is to enable the various political parties to exhibit their varying levels of versatility at rigging...

Why Akunyili’s God Is Not God

It is bound to happen. Nigerians are experts in the art of blasphemy. At any given time, their behaviour and language are profane and sacrilegious...

Who Cares If Kenya Bleeds To Death?

Kenya is bleeding profusely today, but who cares? Certainly, not Kibaki who is currently blinded by his naked lust for power to read the handwriting on the wall...

Democracy Day: The Hypocrisy In Celebrating A Utopia

Prelude to the conclusion of its tenure, the 8th Senate...

Open Letter to President Bola Ahmed Tinubu: Strategic Response to U.S. Threats Against Terrorists in Nigeria

Your Excellency, I write as a deeply concerned citizen—one committed...

Re: The Truth About T.B. Joshua

James 4:12: “There is only one lawgiver and judge, he...

Civil Wars, Not Our Portion

We have been deprived for too long by the military and the Northerners and this present administration. Now that we are in a democratic dispensation which I m afraid is about to crumble, what the Southerners and Easterners are asking for is a true reflection of the beauty of democracy...

Latin America And Africa: The Need For Closer Cooperation

Critics and dissenters may be right in terms of some of the predatory nature of international trade and globalization, but it is hard to ignore the fact that trade and globalization is the source of much of the world’s prosperity...